Stock To Watch: Moneygram International, Inc. (NASDAQ:MGI)


The leading market experts have placed a mean price target of $8.08 on Moneygram International, Inc. (NASDAQ:MGI) stock. This price level, which is estimated to be attained in one-year indicates the mean of stock opinions given by the companies included in the First Call survey. The renowned research firms have predicted earnings of $0.24 a share for the upcoming quarter and $0.86 for the current fiscal. Technical View The technical analysis of Moneygram International, Inc. plainly substantiates that the 50-day moving average of Moneygram International, Inc. is $7.09, and stock is hovering -0.56 or -7.90% distant from $7.09. It is noted that the 200-day MA is $6.22, and Moneygram International, Inc. stock is $0.31 or +4.90% off from this point. Moneygram International, Inc. (NASDAQ:MGI) 52-week high is $10.92 and the 52-week low is $4.68. This explains if the stock moves $-4.39, it will post a 52-week high. In event of $+39.53% points decline, a 52-week low will be hit. Taking the Valuation Aspect To emphasize the valuation of Moneygram International, Inc., shareholders can apply financial tool known as price-to-earnings ratio. This financial ratio assesses stock’s valuation by considering the relative expense of the stock. Following this ratio, Moneygram International, Inc. (NASDAQ:MGI) ratio came in at 65.30. The stock last ended the trading session at $6.53 and registered a market cap of $348.85M. To appraise firm’s growth, the shareholders take help of the Price-to-Earnings-Growth ratio. When a stock has a higher PEG ratio, it is suggestive of lower stock appreciation in approaching sessions. A stock comes in the group of undervalued stocks when its PEG ratio falls in between 0 and 1. Moneygram International, Inc. (NASDAQ:MGI) PEG ratio is at 0.56.

1 Chart Pattern Every Investor Should Know

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