Moody’s Corporation (NYSE:MCO) traded today at a new 52-week high of $377.94. Approximately 161,000 shares have changed hands today, as compared to an average 30-day volume of 559,000 shares.
Moody’s Corporation share prices have moved between a 52-week high of $377.94 and a 52-week low of $253.17 and are now trading 48% above that low price at $375.13 per share.
Moody’s (along with S&P Ratings) is a leading provider of credit ratings on fixed income securities. Moody’s ratings segment, known as Moody’s Investors Service or MIS, includes corporates, structured finance, financial institutions, and public finance ratings. MIS represents a majority of the firm’s revenue and profits. Moody’s other segment is Moody’s Analytics and consists of Research, Data, and Analytics or RD&A and Enterprise Risk Solutions or ERS. RD&A’s products include credit research, quantitative credit scores, economic research, business intelligence, know your customer (KYC) tools, commercial real estate data and analytical tools, and training services. ERS includes risk management software solutions to financial institutions.
Moody’s Corporation (NYSE:MCO) is currently priced 13.1% above its average consensus analyst price target of $325.83.
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