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MoneyLion Inc. (NYSE:ML) fall -135.50% In 2022; How Attractive Is It At $1.21?

In last trading session, MoneyLion Inc. (NYSE:ML) saw 1.08 million shares changing hands with its beta currently measuring 0. Company’s recent per share price level of $1.21 trading at $0.02 or 1.68% at ring of the bell on the day assigns it a market valuation of $289.29M. That closing price of ML’s stock is at a discount of -837.19% from its 52-week high price of $11.34 and is indicating a premium of 3.31% from its 52-week low price of $1.17. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.02 million shares which gives us an average trading volume of 1.27 million if we extend that period to 3-months.

For MoneyLion Inc. (ML), analysts’ consensus is at an average recommendation of a Buy while assigning it a mean rating of 2.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -$0.11 in the current quarter.

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MoneyLion Inc. (NYSE:ML) trade information

Upright in the green during last session for gaining 1.68%, in the last five days ML remained trading in the red while hitting it’s week-highest on Monday, 09/19/22 when the stock touched $1.21 price level, adding 10.37% to its value on the day. MoneyLion Inc.’s shares saw a change of -69.98% in year-to-date performance and have moved -6.20% in past 5-day. MoneyLion Inc. (NYSE:ML) showed a performance of -24.84% in past 30-days. Number of shares sold short was 7.33 million shares which calculate 3.37 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of $5.33 to the stock, which implies a rise of 77.3% to its current value. Analysts have been projecting $5.00 as a low price target for the stock while placing it at a high target of $6.00. It follows that stock’s current price would drop -395.87% in reaching the projected high whereas dropping to the targeted low would mean a loss of -313.22% for stock’s current value.

MoneyLion Inc. (ML) estimates and forecasts

Statistics highlight that MoneyLion Inc. is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -53.82% of value to its shares in past 6 months, showing an annual growth rate of 25.53% while that of industry is 3.50. Apart from that, the company came raising its revenue forecast for fiscal year 2022. This year revenue growth is estimated to rise 100.90% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of $82.48 million for the same. And 3 analysts are in estimates of company making revenue of $89.44 million in the next quarter that will end on Sep 2022.

ML Dividends

MoneyLion Inc. is more likely to be releasing its next quarterly report on November 10 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.

MoneyLion Inc. (NYSE:ML)’s Major holders

Insiders are in possession of 24.05% of company’s total shares while institution are holding 35.94 percent of that, with stock having share float percentage of 47.32%. Investors also watch the number of corporate investors in a company very closely, which is 35.94% institutions for MoneyLion Inc. that are currently holding shares of the company. StepStone Group LP is the top institutional holder at ML for having 24.41 million shares of worth $61.27 million. And as of Mar 30, 2022, it was holding 10.30% of the company’s outstanding shares.

The second largest institutional holder is Atalaya Capital Management, LP, which was holding about 6.89 million shares on Mar 30, 2022. The number of shares represents firm’s hold over 2.91% of outstanding shares, having a total worth of $17.3 million.

On the other hand, iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 29, 2022, the former fund manager was holding 3.11 million shares of worth $4.11 million or 1.31% of the total outstanding shares. The later fund manager was in possession of 1.68 million shares on Mar 30, 2022, making its stake of worth around $4.22 million in the company or a holder of 0.71% of company’s stock.

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