Moneygram International, Inc. stock performance trend indicates that the stock price has rallied 32.33% in the past 12 Weeks , but analyzing the 6 month charts for the stock , the price continues to stay positive and keep the rally at 129.44% . Looking at the past 52 week period, the stock price is up at 156.13% . Relative price strength is a important factor used by wealth management firms while investing in stocks because the indicator compares the stock performance with the overall market. The relative price strength of Moneygram International, Inc. has a positive value of 106.5 compared to overall market.Based on the Stock Research the Relative Strength Index signal is in over bought territory with a range of 89.98.
Moneygram International, Inc. (NASDAQ:MGI) has climbed 28.78% in the past week and advanced 27.67% in the last 4 weeks. In the past week, the company has outperformed the S&P 500 by 28.47% and the outperformance has advanced to 26.21% for the last 4 weeks period.
Company shares have received an average consensus rating of Hold for the current week Moneygram International, Inc. (NASDAQ:MGI) stock ended Friday session in the red zone in a volatile trading. The stock closed down 0.14 points or 0.85% at $16.29 with 1,532,622 shares getting traded. Post opening the session at $16.24, the shares hit an intraday low of $15.93 and an intraday high of $16.52 and the price was in this range throughout the day. The company has a market cap of $878 million and the number of outstanding shares has been calculated to be 53,899,897 shares. The 52-week high of Moneygram International, Inc. (NASDAQ:MGI) is $16.52 and the 52-week low is $5.64.
Several Stock Research Financial Advisors from Investment Banking firms have advised their client and investors on the stock.Moneygram International Inc was Downgraded by Feltl & Co. to Hold on Jan 30, 2017. Moneygram International Inc was Downgraded by First Analysis Sec to Equal-Weight on Jan 26, 2017.
Company has reported several Insider transactions to the SEC, on Nov 16, 2016, Andres Villareal (SVP Chief Compliance Officer) sold 4,000 shares at 9.82 per share price.On Aug 5, 2016, Michael P Rafferty (director) purchased 1,500 shares at 6.44 per share price.On May 19, 2016, W Bruce Turner (director) purchased 5,944 shares at 5.89 per share price.
Moneygram International Inc Last issued its quarterly earnings results on Mar 15, 2017. The company reported $0.20 EPS for the quarter, missing the analyst consensus estimate by $ -0.03. Analyst had a consensus of $0.23. The company had revenue of $416.20 million for the quarter, compared to analysts expectations of $397.07 million. The companys revenue was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.
MoneyGram International, Inc. is a leading global payment services company and S&P MidCap company. The companys major products and services include global money transfers, money orders and payment processing solutions for financial institutions and retail customers.