MicroStrategy Incorporated provides enterprise analytics software and services worldwide. It offers MicroStrategy, an enterprise platform, which provides a modern analytics experience by delivering insights across multiple devices to users via hyperintelligence products, visualization and reporting capabilities, mobility features, and custom applications developed on the platform; analysts and data scientists with seamless access to trusted, governed data directly within their tools; and APIs and gateways, multiple deployment options, enterprise semantic graph, scalability, and security. The company also provides MicroStrategy Support that helps customers to achieve their system availability and uptime goals, and to improve the overall experience through highly responsive troubleshooting and proactive technical product support. In addition, it offers MicroStrategy Consulting that provides customers with architecture and implementation services to help them quickly realize results, and helps to achieve returns on investment derived from understanding of data; and MicroStrategy Education that offers free and paid learning options. The company provides its services through enterprise sales force and channel partners. It serves companies from a range of industries, including retail, consulting, technology, manufacturing, finance, banking, insurance, healthcare, education, and telecommunications, as well as the public sector. The company was incorporated in 1989 and is headquartered in Tysons Corner, Virginia.
Analysts Set New Price Targets
Several analysts have issued reports on the stock. StockNews.com raised shares of MicroStrategy to a "sell" rating in a research report on Saturday, July 2nd. TheStreet downgraded shares of MicroStrategy from a "c-" rating to a "d+" rating in a research report on Monday, May 9th. Canaccord Genuity Group lowered their price objective on shares of MicroStrategy from $453.00 to $372.00 in a research report on Thursday, August 4th. Finally, Jefferies Financial Group downgraded shares of MicroStrategy from a "hold" rating to an "underperform" rating and set a $180.00 price target for the company. in a research report on Tuesday, July 26th. Two investment analysts have rated the stock with a sell rating and two have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and an average target price of $593.25.
MicroStrategy Stock Down 1.1 %
Shares of MSTR Stock traded down $3.76 during mid-day trading on Monday, reaching $349.08. 301,694 shares of the company were exchanged, compared to its average volume of 724,109. MicroStrategy has a fifty-two week low of $134.09 and a fifty-two week high of $891.38. The company has a debt-to-equity ratio of 2.74, a quick ratio of 0.80 and a current ratio of 0.80. The company has a market capitalization of $3.94 billion, a P/E ratio of -2.98 and a beta of 2.23. The business's 50 day simple moving average is $231.73 and its 200 day simple moving average is $325.36.