Moodys Corporation (MCO) Shares are Up 1.08%

Moodys Corporation (MCO) has been under a strong bear grip, hence the stock is down -1.05% when compared to the S&P 500 in the past 4 weeks. However, in the near-term, buying emerged at lower levels and the stock has outperformed the S&P 500 by 1.11% in the past 1 week. The stock has risen by 1.08% in the past week indicating that the buyers are active at lower levels, but the stock is down -0.67% in the past 4 weeks.

Moodys Corporation is up 11.85% in the last 3-month period. Year-to-Date the stock performance stands at 5.48%. The stock has recorded a 20-day Moving Average of 0.15% and the 50-Day Moving Average is 4.31%.


Moodys Corporation (NYSE:MCO): During Fridays trading session, Bulls were in full control of the stock right from the opening. The stock opened at $103.69 and $103.61 proved to be the low of the day. Continuous buying at higher levels pushed the stock towards an intraday high of $104.81. The buying momentum continued till the end and the stock did not give up its gains. It closed at $104.58, notching a gain of 0.34% for the day. The total traded volume was 490,496 . The stock had closed at $104.23 on the previous day.

Also, Equity Analysts at the Argus Research maintains the rating on Moodys Corporation (NYSE:MCO). The brokerage firm has issued a Buy rating on the shares. The Analysts at the ratings agency raises the price target from $110 per share to $124 per share. The rating by the firm was issued on August 17, 2016.

Moodys Corporation (Moodys) is a provider of credit ratings; credit, capital markets and economic related research, data and analytical tools; software solutions and related risk management services; quantitative credit risk measures, financial services training and certification services, and outsourced research and analytical services to financial institution customers. The Company operates in two segments: Moodys Investors Service (MIS) and Moodys Analytics (MA). The Companys MIS segment publishes credit ratings on a range of debt obligations and the entities that issue such obligations in markets across the world, including various corporate and Governmental obligations, structured finance securities and commercial paper programs. The Companys MA segment develops a range of products and services that support financial analysis and risk management activities of institutional participants in financial markets.

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