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Sunday, April 2, 2023

There Is A Quest For Clarity Surrounding Moody’s Corporation (NYSE: MCO) Volatility

After Hours

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. After-hours trades for Moody’s Corporation (MCO) shows that investor sentiment remained same, with the stock’s consolidated last price remained same to $298.62. The Moody’s Corporation has recorded 46,237 volume in the after hours trading session. The stock was recently discussed on Yahoo Finance as it revealed that Moody’s Corporation to Present at Investor Conferences.

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Stocks Info

This NYSE-listed company operates within the Financial Data & Stock Exchanges industry segment, falling under the Financial sector. At the end of the last regular session, the stock closed at $298.62 and fluctuated between $299.39 as its day high and $292.20 as its day low. The current market capitalization of Moody’s Corporation is $53.19B. A total of 0.71 million shares were traded on the day, compared to an average of 805.65K shares.

Insider Activity

Insider trades can also provide insight into a stock’s future direction. During the recent three months, MCO has seen 21 BUY and 12 SELL insider trades, representing the acquisition of 61,965 and the disposition of 62,963 shares. Over the last 12 months, there were 53 BUYs and 34 SELLs from insiders. Insiders purchased 68,412 shares during that period but sold 96,788.

In the most recent transaction, Fauber Robert sold 2,000 shares of MCO for 285.15 per share on Mar 02. After the transaction, the President and CEO now owns 67,838 company shares. In a previous transaction on Feb 02, MCDANIEL RAYMOND W sold 38,454 shares at 331.79 per share. MCO shares that Director owns now total 67,275.

Among the insiders who sold shares, MCDANIEL RAYMOND W disposed of 17,009 shares on Feb 01 at a per-share price of $325.30. This resulted in the Director holding 67,275 shares of MCO after the transaction. In another insider transaction, MCDANIEL RAYMOND W sold 7,500 shares at $274.88 per share on Dec 13. Company shares held by the Director now total 8,972.

Dividend

The income generated by dividends is an indication that a company is improving its financial position, which is why investors prefer companies paying dividends. Moody’s Corporation pays an annual dividend of $3.08, resulting in a dividend yield of 1.03%, and it has a price to earnings (P/E) ratio of 38.84. MCO’s most recent ex-dividend date was 2/23/2023 when it declared a $0.77 quarterly dividend that was paid in cash on 3/17/2023. Previously, the company paid the dividend on 12/14/2022 with an ex-dividend date of 11/22/2022. The MCO stock dividend was $0.70 per share in cash.

Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. According to analysts who have offered 12-month price targets for MCO in the last 3 months, the mean price target is $324.25 with high estimates of $360.00 and low estimates of $270.00. In terms of 52-week highs and lows, MCO has a high of $346.22 and a low of $230.16.

As of this writing, MCO has an earnings estimate of $2.07 per share for the current quarter. EPS was calculated based on a consensus of 14 estimates, with a high estimate of $2.51 per share and a lower estimate of $1.74. The company reported an EPS of $1.85 in the last quarter, which was -10.20% lower than expectations of $2.06.

Balance Sheet Annually/Quarterly

In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects.

Analysts Opinion

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 22 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MCO is Sell with a score of 3.94. A total of 8 analysts rated the stock as Buy while 2 rated it as Overweight while 12 rated it as Hold. Among the other participants, 0 thought the stock was Underweight and 0 thought it should be Sold.

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