Equity Research firms currently have a positive stance on shares of Monster Beverage Corporation (NASDAQ:MNST). The majority of analysts covering the equity have either a Buy or Strong Buy recommendation on the stock, yielding a consensus score of 2.10. This is based on the research brokerage reports taken into consideration by Thomson Reuters. Those same analysts are projecting that the stock will reach $177.93 on a short term basis.
At the time of writing, the stock was trading at $145.18. This represents a change from the opening price of -0.97%. In terms of performance, year to date, the stock is -2.13%. The monthly stock performance comes in at -5.53%. For the quarter, shares are performing at -9.40%. Weekly performance analysis shows the equity at -1.23%.
In taking a look at technical levels, shares are trading -5.85% away from the 50 day simple moving average and 0.09% away from the 200 day simple moving average. Based on a recent bid, the stock is trading -12.80% away from it’s 52- week high and 28.39% away from its 52 week low. After the recent moves, investors may also look to see if the stock has entered oversold or overbought territory and could be ripe for a bounce. As of writing, Monster Beverage Corporation’s RSI stands at 33.98. In looking at volatility levels, the shares saw weekly volatility of 1.20% and 1.57% over the past month.