NEW YORK – May 30 – Investment banking titan Morgan Stanley (MS) is seeing its shares trade in negative territory during early market hours on May 30th. As of 10:26 AM GMT-4, the stock was priced at 127.55 USD, representing a decline of 0.61 USD or 0.48% for the day.
The financial services firm opened trading at 127.61 USD, which also marked its intraday high thus far. The stock subsequently touched an intraday low of 126.59 USD before settling at its current level. This price action places Morgan Stanley below its previous closing price of 128.16 USD, indicating some selling pressure as the session unfolds.
Key financial metrics for Morgan Stanley show a Price-to-Earnings (P/E) ratio of 14.97. For investors seeking income, the company offers a dividend yield of 2.90%. Its current market capitalization stands at 20.35KCr.
Looking at the broader picture, Morgan Stanley’s stock has experienced a 52-week high of 142.03 USD and a 52-week low of 90.94 USD. Today’s trading activity positions the shares well above the annual low but off their yearly peak, as investors continue to evaluate the financial sector’s outlook.
