The price of Microstrategy Inc (NASDAQ:MSTR) shares last traded on Wall Street rose 3.67% to $347.09.
MSTR stock price is now -5.15% away from the 50-day moving average and 61.29% away from the 200-day moving average. The market capitalization of the company currently stands at $87.21B.
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With the price target of $515, Mizuho recently initiated with Outperform rating for Microstrategy Inc (NASDAQ: MSTR). On October 31, 2024, Maxim Group reiterated its ‘Buy’ rating on the stock by increasing its target price from $193 to quote $270, while ‘Barclays’ rates the stock as ‘Overweight’
In other news, GRAHAM STEPHEN X, Director sold 20,000 shares of the company’s stock on Nov 21 ’24. The stock was sold for $9,027,276 at an average price of $451.36. Upon completion of the transaction, the Director now directly owns 6,970 shares in the company, valued at $2.42 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 21 ’24, Director STEPHEN GRAHAM bought 20,000 shares of the business’s stock. A total of $9,027,246 was incurred on buying the stock at an average price of $451.36. A total of 16.04% of the company’s stock is owned by insiders.
During the past 12 months, Microstrategy Inc has had a low of $46.75 and a high of $543.00. As of last week, the company has a debt-to-equity ratio of 1.13, a current ratio of 0.65, and a quick ratio of 0.65. The fifty day moving average price for MSTR is $366.6952 and a two-hundred day moving average price translates $214.084 for the stock.
The latest earnings results from Microstrategy Inc (NASDAQ: MSTR) was released for 2024-09-30. The net profit margin was -87.05% and return on equity was -17.63% for MSTR. The company reported revenue of $116.07 million for the quarter, compared to $129.46 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -10.34 percent. For the current quarter, analysts expect MSTR to generate $122.73M in revenue.
