Moneygram International, Inc. (NASDAQ:MGI) was downgraded by stock analysts at BidaskClub from a “sell” rating to a “strong sell” rating in a research note issued on Saturday, November 4th.
A number of other equities research analysts have also recently commented on MGI. Northland Securities reiterated a “hold” rating on shares of Moneygram International in a research note on Tuesday, September 5th. ValuEngine cut Moneygram International from a “buy” rating to a “hold” rating in a research note on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating and five have assigned a hold rating to the stock. The stock has an average rating of “Hold” and an average price target of $16.21.
Moneygram International (NASDAQ MGI) traded down $0.18 on Friday, reaching $14.59. 158,100 shares of the company’s stock were exchanged, compared to its average volume of 673,887. The stock has a market cap of $801.00, a P/E ratio of 18.01 and a beta of 2.00. Moneygram International has a 1 year low of $10.36 and a 1 year high of $17.92. The company has a quick ratio of 0.05, a current ratio of 0.05 and a debt-to-equity ratio of -2.47.
About Moneygram International
MoneyGram International, Inc (MoneyGram) is a global provider of money transfer services. The Company operates through two segments: Global Funds Transfer and Financial Paper Products. The Company offers its services under the MoneyGram brand. The Company’s Global Funds Transfer Segment provides money transfer services and bill payment services primarily to unbanked and underbanked consumers.
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