A share price of Moderna Inc [MRNA] is currently trading at $89.96, up 3.59%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The MRNA shares have gain 10.67% over the last week, with a monthly amount drifted -25.74%, 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.
Moderna Inc experienced fluctuations in its stock price throughout the past year between $62.55 and $170.47. Currently, Wall Street analysts expect the stock to reach $163.06 within the next 12 months. Moderna Inc [NASDAQ: MRNA] shares were valued at $89.96 at the most recent close of the market. An investor can expect a potential return of 81.26% based on the average MRNA price forecast.
Analyzing the MRNA fundamentals
Trailing Twelve Months sales for Moderna Inc [NASDAQ:MRNA] were 5.04B which represents -29.94% decline. 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. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.11.
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 87.06 points at the first support level, and at 84.15 for the second support level. However, for the 1st resistance point, the stock is sitting at 92.43, and for the 2nd resistance point, it is at 94.89.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Moderna Inc [NASDAQ:MRNA] is 4.09. As well, the Quick Ratio is 3.92, while the Cash Ratio is 1.05. Considering the valuation of this stock, the price to sales ratio is 6.86, the price to book ratio is 2.95.
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.
