MDC Partners Inc. (NASDAQ:MDCA) has a beta value of 0.66 and has seen 2,151,716 shares traded in the recent trading session. The company, currently valued at $148.24 Million, closed the recent trade at $1.985 per share which meant it lost $0 on the day or -2.93% during that session. The MDCA stock price is -72.8% off its 52-week high price of $3.43 and 49.12% above the 52-week low of $1.01. If we look at the company’s 10-day average daily trading volume, we find that it stood at 6.75 Million shares traded. The 3-month trading volume is 847.64 Million shares.
The consensus among analysts is that MDC Partners Inc. (MDCA) is a Hold stock at the moment, with a recommendation rating of 3. None of the analysts rate the stock as a Sell, while none rate it as Overweight. 1 out of 1 have rated it as a Hold, with no one of them advising it as a Buy. None have rated the stock as Underweight. The expected earnings per share for the stock is $0.
MDC Partners Inc. (NASDAQ:MDCA) trade information
Despite being -4.15% in the red today, the stock has traded in the green over the last five days, with the highest price hit on Friday, Jun 26 when the MDCA stock price touched $2.88-3 or saw a rise of 32.12%. Year-to-date, MDC Partners Inc. shares have moved -29.68%, while the 5-day performance has seen it change 58.94%. Over the past 30 days, the shares of MDC Partners Inc. (NASDAQ:MDCA) have changed 48.67%. Short interest in the company has seen 2.28 Million shares shorted with days to cover at 0.
Wall Street analysts have a consensus price target for the stock at $3, which means that the shares’ value could jump 51.13% from current levels. The projected low price target is $3 while the price target rests at a high of $3. In that case, then, we find that the current price level is +51.13% off the targeted high while a plunge would see the stock lose 51.13% from current levels.
MDC Partners Inc. (MDCA) estimates and forecasts
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was -34.2% over the past 5 years. Earnings growth for 2020 is a modest +89.4% while over the next 5 years, the company’s earnings are expected to increase by 6%.