Alert: Positive Investment Signals (12/11/23)-MBIA Inc. (NYSE: MBI)


Extremely important positive changes in investment behavior have recently occurred for MBIA Inc. (NYSE: MBI): its shorter term price trend turned up, the stock’s recent price rise disrupted its longer term downtrend, positive upside/downside volume developed, and the stock rose on very heavy volume.

The stock is currently unrated.


Current PriceTarget Research Rating

MBI is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

MBIA is currently unrated.

Recent Price Action

MBIA Inc. (NYSE: MBI) stock enjoyed a large increase of 2.8% on 12/11/23. The stock closed at $13.80. Moreover, exceptionally high trading volume at 524% of normal accompanied the advance. The stock has been weak relative to the market over the last nine months but has risen 87.2% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.