Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate Moelis & Co before investing.

In this article, we go over a few key elements for understanding Moelis & Co’s stock price such as:

• Moelis & Co’s current stock price and volume
• Why Moelis & Co’s stock price changed recently
• Upgrades and downgrades for MC from analysts
• MC’s stock price momentum as measured by its relative strength

About Moelis & Co (MC)

Before we jump into Moelis & Co’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

Moelis & Company is a global independent investment bank that provides strategic advice and solutions to a diverse client base, including corporations, governments and financial sponsors. The Company assists its clients in achieving their strategic goals by offering comprehensive integrated financial advisory services across various industry sectors. It advises clients on their critical decisions, including mergers and acquisitions (M&A;), recapitalizations and restructurings, capital markets transactions, private fund raisings and secondary transactions and other corporate finance matters. It has an M&A; and strategic advisory franchise advising clients on mergers, acquisitions, sales and divestitures, special committee assignments and shareholder defense. For its clients seeking capital market solutions, it also acts as placement agent, advisor, or bookrunner on a range of capital raising mandates and provides general capital markets advice. It serves its clients from 23 locations.

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Moelis & Co’s Stock Price as of Market Close

As of September 13, 2024, 4:00 PM, CST, Moelis & Co’s stock price was $67.35.

Moelis & Co is up 5.07% from its previous closing price of $64.10.

During the last market session, Moelis & Co’s stock traded between $62.01 and $64.45. Currently, there are 72.15 million shares of Moelis & Co stock available for purchase.

Moelis & Co’s price-earnings (P/E) ratio is currently at 410.0, which is high compared to the Investment Banking & Brokerage Services industry median of 16.4. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

Moelis & Co Stock Price History

Moelis & Co’s (MC) price is currently up 0.84% so far this month.

During the month of September, Moelis & Co’s stock price has reached a high of $68.02 and a low of $61.41.

Over the last year, Moelis & Co has hit prices as high as $70.00 and as low as $38.58. Year to date, Moelis & Co’s stock is up 75.53%.

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What Caused Moelis & Co Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

One of the most common factors that can drastically impact a stock’s price is analyst upgrades and downgrades. When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. However, as of September 12, 2024,, no analysts have changed their rating of Moelis & Co’s stock over the last month.

Additionally, you'll want to evaluate Moelis & Co’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on Moelis & Co’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

Moelis & Co’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about Moelis & Co (MC) by visiting AAII Stock Evaluator.

Relative Price Strength of Moelis & Co

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of September 12, 2024, Moelis & Co has a weighted four-quarter relative price strength of 5.95%, which translates to a Momentum Score of 81 and is considered to be Very Strong.

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Moelis & Co Stock Price: Bottom Line

As of September 13, 2024, Moelis & Co’s stock price is $67.35, which is up 5.07% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like Moelis & Co stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.