Shares of Moelis & Company Class A (NYSE:MC) traded today at $63.18, eclipsing its 52-week high. Approximately 112,000 shares have changed hands today, as compared to an average 30-day volume of 388,000 shares.
In the past 52 weeks, Moelis & Company Class A share prices are bracketed by a low of $30.48 and a high of $63.18 and is now at $62.39, 105% above that low price.
Moelis & Company Class A (NYSE:MC) is currently priced 38.1% above its average consensus analyst price target of $38.65.
Moelis & Co is an independent investment bank that provides unconflicted strategic advice to a diverse client base. The firm's 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 operated through the geographical region of the United States, Europe, and Internationally of which the United States accounts for a major share of the revenue.
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