Marex Group Plc (NASDAQ: MRX) is 65.24% higher on its value in year-to-date trading and has touched a low of $18.13 and a high of $32.45 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MRX stock was last observed hovering at around $31.08 in the last trading session, with the day’s gains setting it 0.3%.
Currently trading at $31.38, the stock is 3.97% and 10.72% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.12 million and changing 0.97% at the moment leaves the stock 33.35% off its SMA200. MRX registered a gain of 63.01% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $28.214 and a 200-day simple moving average (SMA200) of $23.48506.
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The stock witnessed a 7.54% loss in the last 1 month and extending the period to 3 months gives it a 38.73%, and is 6.30% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.56% over the week and 3.75% over the month.
Fwd P/E is 10.41. Distance from 52-week low is 73.08% and -3.30% from its 52-week high.
with sales reaching $370.82M over the same period.The EPS is expected to grow by 53.14% this year.
Marex Group Plc (MRX) Top Institutional Holders
The shares outstanding are 72.22M, and float is at 30.61M with Short Float at 0.62%.
Marex Group Plc (MRX) Insider Activity
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