Moneygram International (NASDAQ:MGI) was upgraded by BidaskClub from a “strong sell” rating to a “sell” rating in a report released on Saturday, November 11th.
Other equities research analysts have also issued reports about the stock. Northland Securities reiterated a “hold” rating on shares of Moneygram International in a report on Tuesday, September 5th. ValuEngine downgraded shares of Moneygram International from a “buy” rating to a “hold” rating in a research report on Monday, October 2nd. Two investment analysts have rated the stock with a sell rating and five have given a hold rating to the company. The company presently has a consensus rating of “Hold” and an average price target of $16.21.
Moneygram International (NASDAQ MGI) traded up $0.17 during trading hours on Friday, reaching $14.24. 249,367 shares of the company were exchanged, compared to its average volume of 663,558. Moneygram International has a 52 week low of $10.36 and a 52 week 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. The company has a market cap of $777.68, a price-to-earnings ratio of 17.45 and a beta of 2.00.
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Moneygram International Company Profile
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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