Moelis & Company Class A (NYSE:MC) traded today at a new 52-week high of $60.68. So far today approximately 330,000 shares have been exchanged, as compared to an average 30-day volume of 457,000 shares.
In the past 52 weeks, Moelis & Company Class A share prices are bracketed by a low of $28.77 and a high of $60.68 and is now at $60.15, 109% above that low price.
Moelis & Company Class A (NYSE:MC) defies analysts with a current price ($60.15) 20.5% above its average consensus price target of $47.79.
Moelis & Company is a global independent investment bank that provides innovative, unconflicted strategic advice to a diverse client base. It serves client such as corporations, governments and financial sponsors. The firms objective is to offer a range of advisory services with expertise across all major industries in mergers and acquisitions, recapitalizations and restructurings and other corporate finance matters. Business is primarily operated through geographical region of United States, Europe and Internationally in which most of the clients are located of which United States accounts for major share of revenue.
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