Overall market sentiment has been high on Morgan Stanley (MS) stock lately. MS receives a Bullish rating from InvestorsObserver Stock Sentiment Indicator.
Morgan Stanley has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on MS!
What is Stock Sentiment?
In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company.
Price action is generally the best indicator of sentiment. For a stock to go up, investors must feel good about it. Similarly, a stock that is in a downtrend must be out of favor.
InvestorsObserver’s Sentiment Indicator considers price action and recent trends in volume. Increasing volumes often mean that a trend is strengthening, while decreasing volumes can signal that a reversal could come soon.
The options market is another place to get signals about sentiment. Since options allow investors to place bets on the price of a stock, we consider the ratio of calls and puts for stocks where options are available.
What's Happening With MS Stock Today?
Morgan Stanley (MS) stock is trading at $90.23 as of 3:38 PM on Thursday, Aug 11, a gain of $1.39, or 1.56% from the previous closing price of $88.84. The stock has traded between $89.80 and $90.84 so far today. Volume today is 5,726,464 compared to average volume of 7,546,087.
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More About Morgan Stanley
Morgan Stanley is a global investment bank whose history, through its legacy firms, can be traced back to 1924. The company has institutional securities, wealth management, and investment management segments. The company had about $5 trillion of client assets as well as over 70,000 employees at the end of 2021. Approximately 50% of the company's net revenue is from its institutional securities business, with the remainder coming from wealth and investment management. The company derives about 30% of its total revenue outside the Americas.
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