MBIA (MBI) : During the past 4 weeks, traders have been relatively bearish on MBIA (MBI), hence the stock is down -2.1% when compared to the S&P 500 during the same period. However, in the past 1 week, the selling of the stock is down by -1.56% relative to the S&P 500. The 4-week change in the price of the stock is -2.63% and the stock has fallen -1.39% in the past 1 week.
The stock has recorded a 20-day Moving Average of 0.21% and the 50-Day Moving Average is 2.76%.The 200 Day SMA reached 4.61%
MBIA (NYSE:MBI): After opening at $7.63, the stock dipped to an intraday low of $7.53 on Friday. However, the bulls stepped in to buy at lower levels and pushed the stock higher. The stock touched an intraday high of $7.85 and the buying power remained strong till the end. The stock closed at $7.79 for the day, a gain of 3.45% for the day session. The total traded volume was 1,509,570. The stocks close on the previous trading day was $7.79.
MBIA (MBI) : Currently there are 2 street experts covering MBIA (MBI) stock. The most bullish and bearish price target for the stock is $12 and $9 respectively for the short term. The average price target of all the analysts comes to $10.25. The estimated standard deviation from the target is $2.47.
MBIA Inc. (MBIA) is a holding company. Through its subsidiary, the Company provides financial guarantee insurance to the United States public finance markets. The Companys indirect, wholly owned subsidiary is National Public Finance Guarantee Corporation (National). The Companys operating segments includes United States (U.S.) public finance insurance; international and structured finance insurance; corporate and advisory services. The U.S. public finance insurance business is operated through National Public Finance Guarantee Corporation and its subsidiaries (National). The international and structured finance insurance business is operated through MBIA Insurance Corporation and its subsidiaries (MBIA Corp.). The asset management and advisory services business is operated through Cutwater Holdings, LLC and its subsidiaries (Cutwater). Nationals guarantees insure municipal bonds, including tax-exempt and taxable indebtedness of the United States political subdivisions.