MBIA (MBI) : During the past 4 weeks, traders have been relatively bearish on MBIA (MBI), hence the stock is down -5.23% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -5.55% relative to the S&P 500. The 4-week change in the price of the stock is -7.15% and the stock has fallen -5.04% in the past 1 week.
The stock has recorded a 20-day Moving Average of 5.5% and the 50-Day Moving Average is 5.55%.The 200 Day SMA reached 2.26% MBIA Inc. is up 8.03% in the last 3-month period. Year-to-Date the stock performance stands at 16.2%.
MBIA (MBI) : The consensus price target for MBIA (MBI) is $10.25 for the short term with a standard deviation of $2.47. The most optimist securities analyst among the 2 who monitor the stock believes that the stock can reach $12, however, the pessimist price target for the company is $9.
Company shares have received an average consensus rating of Hold for the current week MBIA (NYSE:MBI): stock was range-bound between the intraday low of $7.47 and the intraday high of $7.61 after having opened at $7.6 on Fridays session. The stock finally closed in the red at $7.6, a loss of -2.08%. The stock remained in the red for the whole trading day. The total traded volume was 1,249,064 shares. The stock failed to cross $7.61 in Fridays trading. The stocks closing price on Thursday was $7.53.
MBIA Inc. (MBIA) is a holding company. Through its subsidiary, the Company provides financial guarantee insurance to the United States public finance markets. The Companys indirect, wholly owned subsidiary is National Public Finance Guarantee Corporation (National). The Companys operating segments includes United States (U.S.) public finance insurance; international and structured finance insurance; corporate and advisory services. The U.S. public finance insurance business is operated through National Public Finance Guarantee Corporation and its subsidiaries (National). The international and structured finance insurance business is operated through MBIA Insurance Corporation and its subsidiaries (MBIA Corp.). The asset management and advisory services business is operated through Cutwater Holdings, LLC and its subsidiaries (Cutwater). Nationals guarantees insure municipal bonds, including tax-exempt and taxable indebtedness of the United States political subdivisions.