Currently, MoneyLion Inc [ML] is trading at $55.46, up 18.53%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ML shares have gain 27.70% over the last week, with a monthly amount glided 37.99%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Needham started tracking the stock with Buy rating on April 03, 2024, and set its price target to $90. On December 19, 2023, Lake Street initiated with a Buy rating and assigned a price target of $75 on the stock. B. Riley Securities started tracking the stock assigning a Buy rating and suggested a price target of $21 on July 27, 2023. Loop Capital initiated its recommendation with a Buy and recommended $5 as its price target on June 27, 2022. Cantor Fitzgerald started tracking with a Overweight rating for this stock on November 22, 2021, and assigned it a price target of $8. In a note dated November 08, 2021, Craig Hallum initiated an Buy rating and provided a target price of $10 on this stock.
This stock has fluctuated between a low of $20.74 and a high of $106.82 over the last 52 weeks. Currently, Wall Street analysts expect the stock to reach $92 within the next 12 months. MoneyLion Inc [NYSE: ML] shares were valued at $55.46 at the most recent close of the market. An investor can expect a potential return of 65.89% based on the average ML price forecast.
Analyzing the ML fundamentals
Trailing Twelve Months sales for MoneyLion Inc [NYSE:ML] were 475.07M which represents 22.81% growth. Gross Profit Margin for this corporation currently stands at 0.47% with Operating Profit Margin at 0.04%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.0%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.03. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.71.
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 51.17 points at the first support level, and at 46.89 for the second support level. However, for the 1st resistance point, the stock is sitting at 57.75, and for the 2nd resistance point, it is at 60.05.
Ratios To Look Out For
To put it in perspective, the Current Ratio for MoneyLion Inc [NYSE:ML] is 6.98. Further, the Quick Ratio stands at 6.98, while the Cash Ratio is 2.01. Considering the valuation of this stock, the price to sales ratio is 1.28, the price to book ratio is 2.18 and price to earnings (TTM) ratio is 1036.64.
Transactions by insiders
Recent insider trading involved Hong Timmie, Chief Product Officer, that happened on Oct 16 ’24 when 2504.0 shares were sold. Officer, TIMMIE HONG completed a deal on Oct 16 ’24 to buy 2504.0 shares. Meanwhile, Chief Product Officer Hong Timmie sold 2334.0 shares on Sep 16 ’24.
