Zacks Investment Research downgraded Moody's Corporation (NYSE:MCO) to Hold in a report released today.
- Updated: October 7, 2016
Yesterday Moody's Corporation (NYSE:MCO) traded -0.33% lower at $108.73. The company’s 50-day moving average is $108.02 and its 200-day moving average is $100.78. The last closing price is up 7.67% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time. 188,400 shares of the stock were exchanged, down from an average trading volume of 846,992
Zacks Investment Research has downgraded Moody's Corporation (NYSE:MCO) to Hold in a report released on Friday October 07, 2016.
Previously on 10/5/2016, Zacks Investment Research reported on Moody's Corporation (NYSE:MCO) raised the target price from $0.00 to $121.00. At the time, this indicated a possible upside of 0.11%.
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Moody's Corporation has a 52 week low of $77.76 and a 52 week high of $110.83 with a P/E ratio of 24.23 The company’s market cap is currently $0.
General Information About Moody's Corporation (NYSE:MCO)
Moody's Corporation (Moody's) 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. It operates in two segments: Moody's Investors Service (MIS) and Moody's Analytics (MA). The MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world. It consists of approximately five lines of business, which include corporate finance group (CFG); structured finance group (SFG); financial institutions group (FIG); Public, project and infrastructure finance (PPIF), and MIS Other. The MA segment consists of approximately three lines of business, which include enterprise risk solutions (ERS) and professional service (PS).
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