Moderna Inc [MRNA] stock prices are up 5.31% to $86.62 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MRNA shares have gain 2.73% over the last week, with a monthly amount drifted -30.18%, 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 August 07, 2024, when Deutsche Bank upgraded its rating to a Hold and also revised its price target to $80 from $85. Previously, RBC Capital Mkts downgraded its rating to Sector Perform on August 05, 2024, and dropped its price target to $90. On February 26, 2024, downgrade downgraded it’s rating to Reduce and revised its price target to $86 on the stock. Oppenheimer upgraded its rating to a Outperform but stick to its price target of $142 on January 02, 2024. Canaccord Genuity initiated its recommendation with a Hold and recommended $82 as its price target on November 29, 2023. HSBC Securities upgraded its rating to Hold for this stock on November 03, 2023, and downed its price target to $69. In a note dated November 02, 2023, Deutsche Bank downgraded an Sell rating on this stock and revised its target price from $125 to $60.
The stock price of Moderna Inc [MRNA] has been fluctuating between $62.55 and $170.47 over the past year. Currently, Wall Street analysts expect the stock to reach $163.06 within the next 12 months. Moderna Inc [NASDAQ: MRNA] shares were valued at $86.62 at the most recent close of the market. An investor can expect a potential return of 88.25% based on the average MRNA price forecast.
Analyzing the MRNA fundamentals
The Moderna Inc [NASDAQ:MRNA] reported sales of 5.04B for trailing twelve months, representing a drop of -29.94%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -0.92%, Pretax Profit Margin comes in at -0.86%, and Net Profit Margin reading is -1.16%. To continue investigating profitability, this company’s Return on Assets is posted at -0.37, Equity is -0.45 and Total Capital is -0.35. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.11.
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 84.16 points at the first support level, and at 81.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 88.48, and for the 2nd resistance point, it is at 90.34.
Ratios To Look Out For
It’s worth pointing out that Moderna Inc [NASDAQ:MRNA]’s Current Ratio is 4.09. Also, the Quick Ratio is 3.92, while the Cash Ratio stands at 1.05. Considering the valuation of this stock, the price to sales ratio is 6.60, the price to book ratio is 2.84.
Transactions by insiders
Recent insider trading involved Hoge Stephen, President, that happened on Aug 12 ’24 when 254.0 shares were sold. Officer, Hoge Stephen completed a deal on Aug 12 ’24 to buy 254.0 shares. Meanwhile, Director AFEYAN NOUBAR sold 15000.0 shares on Jul 31 ’24.
