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Matinas Biopharma Holdings Inc (AMEX: MTNB) closed the day trading at $0.73 up 0.75% from the previous closing price of $0.72. In other words, the price has increased by $0.75 from its previous closing price. On the day, 82217.0 shares were traded. MTNB stock price reached its highest trading level at $0.8 during the session, while it also had its lowest trading level at $0.711.
Ratios:
For a better understanding of MTNB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.78 and its Current Ratio is at 3.78. In the meantime, Its Debt-to-Equity ratio is 0.36 whereas as Long-Term Debt/Eq ratio is at 0.23.
On January 27, 2020, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $3.Piper Sandler initiated its Overweight rating on January 27, 2020, with a $3 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTNB now has a Market Capitalization of 4676519 and an Enterprise Value of 1575519.
Stock Price History:
The Beta on a monthly basis for MTNB is 1.37, which has changed by 0.12752724 over the last 52 weeks, in comparison to a change of 0.12159383 over the same period for the S&P500. Over the past 52 weeks, MTNB has reached a high of $3.09, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is -51.63%, while the 200-Day Moving Average is calculated to be -31.97%.
Shares Statistics:
Over the past 3-months, MTNB traded about 42.39K shares per day on average, while over the past 10 days, MTNB traded about 21150 shares per day. A total of 5.90M shares are outstanding, with a floating share count of 4.89M. Insiders hold about 23.70% of the company’s shares, while institutions hold 5.30% stake in the company. Shares short for MTNB as of 1763078400 were 32772 with a Short Ratio of 0.77, compared to 1760486400 on 74354. Therefore, it implies a Short% of Shares Outstanding of 32772 and a Short% of Float of 0.50999997.
