On 12/8/23, MBIA Inc. (NYSE: MBI) stock enjoyed a major increase of 81.8%, closing at $13.42. Moreover, this advance was accompanied by exceptionally high trading volume at 1841% of normal. The stock has risen 85.4% during the last week but has been weak relative to the market over the last nine months.
Current PriceTarget Research Rating
MBI’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.
MBIA is currently unrated.
Rating Review
The stock is currently unrated.
Be the first to comment