Morgan Stanley (MS) : $11.58 million worth of transactions were on upticks in Morgan Stanley (MS), compared to $9.32 million on downticks. The ratio between the two was 1.24, whereas, the net money flow stood at a healthy $2.26 million on Fridays session.The block trades show a bullish bias with only $0.65 million worth of transactions done on downticks. The consistent buying on upticks in the stock accounted for $3.45million worth of trades. The up-down ratio between the uptick and downtick was 5.31, confirming that the stronger hands have been buying the stock on every weakness. The total money flow into the stock stood at $2.8 million. The bulls and the bears were in an equilibrium as the stock closed with a loss of -0.07%. The stock was trading at $28.85, with a drop of $0.02 over the previous days close. The stock recorded 3% for the week.
Morgan Stanley (MS) : 12 investment research analysts covering Morgan Stanley (MS) have an average price target of $32.5 for the near short term. The highest target price given by the Brokerage Firm to the stock is $45 and the lowest target is $27 for the short term. Analysts expect the variance to be within $4.98 of the average price.
Morgan Stanley (NYSE:MS): stock turned positive on Friday. Though the stock opened at $28.77, the bulls momentum made the stock top out at $29.07 level for the day. The stock recorded a low of $28.73 and closed the trading day at $28.92, in the green by 0.17%. The total traded volume for the day was 12,996,662. The stock had closed at $28.87 in the previous days trading.
In a related news, The officer (Chief Human Resources Officer), of Morgan Stanley, Brodsky Jeffrey S had unloaded 19,955 shares at $28.79 per share in a transaction on July 21, 2016. The total value of transaction was $574,504. The Insider information was revealed by the Securities and Exchange Commission in a Form 4 filing.
Morgan Stanley is a financial holding company. Through its subsidiaries and affiliates, the Company provides a variety of products and financial services to a group of clients and customers, including corporations, governments, financial institutions and individuals. The Companys operating segments include Institutional Securities, Wealth Management and Investment Management. The Companys Institutional Securities business segment provides financial advisory and capital-raising services to a group of corporate and other institutional clients. Wealth Management business segment provides financial services to clients through a network of 16,076 global representatives in 622 locations. Investment Management business segment consists of Traditional Asset Management, Alternative Investments, Merchant Banking and Real Estate Investing activities and offers clients an array of equity, fixed income, alternative investments, real estate and merchant banking strategies.