$MS – Morgan Stanley – last closed at 27.15 – Bullish (Short Term)
Morgan Stanley is a financial holding company which provides various financial products and services to corporations, governments, financial institutions, and individuals worldwide.
MS announced its Q4 and full year 2015 revenues today prior to the market opening. The share price decreased by 4.62% yesterday due to the wall street analyst expectation of EPS – 33 cents. MS beat the expectations and announced an EPS of 39 cents. Due to this, the sentiment may be bullish for Morgan Stanley. The revenue for the quarter came upto $7.7 billion. This might see a positive investor sentiment for MS.