Market Movers

Moderna, Inc.’s Stock Price Soars to $110.38, Marking a Robust 4.70% Leap in Market Performance

Moderna, Inc. (MRNA)

110.38 USD +4.95 (+4.70%) Volume: 3.56M

Moderna, Inc.’s stock price has shown a robust performance, currently trading at 110.38 USD, marking a positive change of +4.70% this trading session. With a trading volume of 3.56M, the biotechnology company’s stock has also seen a year-to-date increase of +10.99%, underlining its strong market presence.


Latest developments on Moderna, Inc.

Moderna Inc.’s stock has been on a rollercoaster ride, with significant movements being observed recently. These fluctuations have been influenced by a variety of factors, including Moderna’s strong performance on trading days, and their ongoing efforts to embrace Data & AI for drug discovery. Furthermore, Moderna’s diversification into cancer treatment, with Texas Oncology testing their mRNA shot for melanoma, has also impacted stock prices. Insider trading activities, such as Moderna’s director Noubar Afeyan selling shares worth over $1.5 million, have also stirred the market. As Moderna prepares for the post-Covid era, investors like CX Institutional and AustralianSuper Pty Ltd are adjusting their stakes, further influencing the stock’s movement.


Moderna, Inc. on Smartkarma

Baptista Research, a top independent analyst on Smartkarma, has recently published an insightful report on Moderna, Inc., a leading biotechnology company known for its use of mRNA technology in developing innovative therapeutics and vaccines. The report, titled “Moderna Inc: Initiation Of Coverage – Product Pipeline”, provides a comprehensive analysis of the company’s product pipeline and its future growth prospects. According to the report, Moderna has had a challenging year in 2023, with a net loss of $4.7 billion. However, the company remains optimistic for the future, with a promising outlook for 2024 despite the setbacks in the previous year. For more information on Moderna and its latest developments, check out the full report on Smartkarma by Baptista Research.


A look at Moderna, Inc. Smart Scores

FactorScoreMagnitude
Value3
Dividend1
Growth2
Resilience3
Momentum4
OVERALL SMART SCORE2.6

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Moderna, Inc. is a biotechnology company that specializes in developing messenger RNA therapeutics and vaccines. The company has received a Smartkarma Smart Score of 3 for value, indicating a solid outlook for the long-term. This score reflects Moderna’s potential for growth and profitability in the future. However, the company received a score of 1 for dividend, meaning it may not be a good option for investors seeking regular income. With a growth score of 2, Moderna is expected to experience moderate growth in the coming years. The company has also been given a resilience score of 3, suggesting it has the ability to weather potential challenges. Additionally, Moderna has a momentum score of 4, indicating positive market sentiment and potential for future success.

Moderna, Inc. is a biotechnology company that focuses on developing messenger RNA medicines for a variety of diseases. The company has been given a Smartkarma Smart Score of 3 for value, which bodes well for its long-term outlook. This score reflects Moderna’s potential for growth and profitability in the future. However, the company received a score of 1 for dividend, indicating it may not be a good option for investors seeking regular income. With a growth score of 2, Moderna is expected to experience moderate growth in the coming years. The company also scored a 3 for resilience, meaning it has the ability to withstand potential challenges. Additionally, Moderna received a momentum score of 4, suggesting positive market sentiment and potential for future success.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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