Moelis Australia (ASX:MOE) Sets New 52-Week Low at $3.41

Moelis Australia Ltd (ASX:MOE)’s share price reached a new 52-week low during mid-day trading on Friday . The stock traded as low as A$3.41 ($2.42) and last traded at A$3.43 ($2.43), with a volume of 19497 shares. The stock had previously closed at A$3.52 ($2.50).

The company has a debt-to-equity ratio of 34.32, a current ratio of 4.49 and a quick ratio of 4.44. The firm has a 50 day simple moving average of A$3.83 and a 200-day simple moving average of A$4.17. The stock has a market capitalization of $533.85 million and a price-to-earnings ratio of 18.44.

About Moelis Australia (ASX:MOE)

Moelis Australia Limited, together with its subsidiaries, provides various financial services. It operates in two segments, Corporate Advisory and Equities; and Asset Management. The Corporate Advisory and Equities segment offers strategic and financial advisory services related to mergers and acquisitions; equity capital markets; debt markets; restructuring and recapitalizations; and situations advisory, as well as provides underwriting and institutional stockbroking services.

Read More: What is a support level?

Receive News & Ratings for Moelis Australia Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Moelis Australia and related companies with MarketBeat.com's FREE daily email newsletter.