Moodys Corporation (MCO) Shares are Up 1.74%

Moodys Corporation (MCO) : Traders are bullish on Moodys Corporation (MCO) as it has outperformed the S&P 500 by a wide margin of 5.87% in the past 4 weeks. The bullishness in the stock continues even in the near-term as the stock has returned an impressive 1.2%, relative to the S&P 500. The stock has continued its bullish performance both in the near-term and the medium-term, as the stock is up 1.74% in the last 1 week, and is up 3.73% in the past 4 weeks. Buying continues as the stock moves higher, suggesting a strong appetite for the stock.

The stock has recorded a 20-day Moving Average of 1.04% and the 50-Day Moving Average is 3.5%.The 200 Day SMA reached 12.55% Moodys Corporation is up 12.59% in the last 3-month period. Year-to-Date the stock performance stands at 9.41%.


Moodys Corporation (MCO) stock is expected to deviate a maximum of $7.5 from the average target price of $109.67 for the short term period. 6 Street Experts have initiated coverage on the stock with the most promising target being $120 and the most muted being $101.

Company shares have received an average consensus rating of Hold for the current week Moodys Corporation (NYSE:MCO): stock was range-bound between the intraday low of $107.06 and the intraday high of $108.69 after having opened at $108.09 on Fridays session. The stock finally closed in the red at $108.09, a loss of -0.20%. The stock remained in the red for the whole trading day. The total traded volume was 1,120,734 shares. The stock failed to cross $108.69 in Fridays trading. The stocks closing price on Thursday was $108.7.

Moodys Corporation (Moodys) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moodys Investors Service (MIS) and Moodys Analytics (MA). The Companys MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world, including various corporate and Governmental obligations, structured finance securities and commercial paper programs. The Companys MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.

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