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MicroStrategy (NASDAQ:MSTR)’s share price reached a new 52-week high on Friday , StockRatingsNetwork reports. The company traded as high as $134.85 and last traded at $131.26, with a volume of 34,558 shares. The stock had previously closed at $131.63.

A number of analysts have recently weighed in on MSTR shares. Analysts at Deutsche Bank initiated coverage on shares of MicroStrategy in a research note on Wednesday, January 22nd. They set a “hold” rating and a $125.00 price target on the stock. Analysts at Zacks downgraded shares of MicroStrategy from an “outperform” rating to a “neutral” rating in a research note on Tuesday, December 31st. They now have a $133.30 price target on the stock. Two equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have given a buy rating to the stock. MicroStrategy presently has an average rating of “Hold” and an average target price of $121.90.

The stock’s 50-day moving average is $123.9 and its 200-day moving average is $113.. The company has a market cap of $1.493 billion and a P/E ratio of 17.85.

MicroStrategy (NASDAQ:MSTR) last released its earnings data on Monday, January 27th. The company reported $1.43 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.98 by $0.45. Analysts expect that MicroStrategy will post $2.57 EPS for the current fiscal year.

MicroStrategy Incorporated (NASDAQ:MSTR) is a worldwide provider of enterprise software platforms for business intelligence, mobile intelligence and social intelligence applications (apps).

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