A share price of Moderna Inc [MRNA] is currently trading at $105.14, down -1.75%. An important factor to consider is whether the stock is rising or falling in short-term value. The MRNA shares have gain 2.20% over the last week, with a monthly amount drifted -1.29%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Moderna Inc [NASDAQ: MRNA] stock has seen the most recent analyst activity on February 26, 2024, when HSBC Securities downgraded its rating to a Reduce and also boosted its price target to $86 from $75. Previously, Oppenheimer upgraded its rating to Outperform on January 02, 2024, and kept the price target unchanged to $142. On November 29, 2023, Canaccord Genuity initiated with a Hold rating and assigned a price target of $82 on the stock. HSBC Securities upgraded its rating to a Hold and decreased its price target to $69 on November 03, 2023. Deutsche Bank downgraded its rating to a Sell and reduced its price target to $60 on November 02, 2023. TD Cowen downgraded its rating to Market Perform for this stock on August 04, 2023, and downed its price target to $125. In a note dated August 03, 2023, Deutsche Bank downgraded an Hold rating on this stock but restated the target price of $125.
Moderna Inc experienced fluctuations in its stock price throughout the past year between $62.55 and $163.24. Currently, Wall Street analysts expect the stock to reach $163.6 within the next 12 months. Moderna Inc [NASDAQ: MRNA] shares were valued at $105.14 at the most recent close of the market. An investor can expect a potential return of 55.6% based on the average MRNA price forecast.
Analyzing the MRNA fundamentals
Trailing Twelve Months sales for Moderna Inc [NASDAQ:MRNA] were 6.85B which represents -44.21% decline. Gross Profit Margin for this corporation currently stands at 0.31% with Operating Profit Margin at -0.62%, Pretax Profit Margin comes in at -0.58%, and Net Profit Margin reading is -0.69%. To continue investigating profitability, this company’s Return on Assets is posted at -0.26, Equity is -0.3 and Total Capital is -0.28. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.09.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 103.90 points at the first support level, and at 102.66 for the second support level. However, for the 1st resistance point, the stock is sitting at 107.13, and for the 2nd resistance point, it is at 109.12.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Moderna Inc [NASDAQ:MRNA] is 3.42. On the other hand, the Quick Ratio is 3.36, and the Cash Ratio is 0.96. Considering the valuation of this stock, the price to sales ratio is 5.88, the price to book ratio is 2.90.
Transactions by insiders
Recent insider trading involved AFEYAN NOUBAR, Director, that happened on Apr 10 ’24 when 15000.0 shares were sold. Chief Financial Officer, Mock James M completed a deal on Apr 08 ’24 to sell 705.0 shares. Meanwhile, Director AFEYAN NOUBAR sold 15000.0 shares on Apr 03 ’24.
