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The price of Mustang Bio Inc (NASDAQ: MBIO) closed at $1.05 in the last session, up 0.96% from day before closing price of $1.04. In other words, the price has increased by $0.96 from its previous closing price. On the day, 60642.0 shares were traded. MBIO stock price reached its highest trading level at $1.07 during the session, while it also had its lowest trading level at $1.0315.
Ratios:
We take a closer look at MBIO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.05 and its Current Ratio is at 2.05. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In the most recent recommendation for this company, BTIG Research on May 18, 2021, initiated with a Buy rating and assigned the stock a target price of $11.
On October 02, 2020, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $9.
On November 20, 2019, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 20, 2019, with a $7 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, MBIO now has a Market Capitalization of 7664041 and an Enterprise Value of -11320716.
Stock Price History:
The Beta on a monthly basis for MBIO is 2.08, which has changed by -0.8818182 over the last 52 weeks, in comparison to a change of 0.14446163 over the same period for the S&P500. Over the past 52 weeks, MBIO has reached a high of $21.95, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is -18.24%, while the 200-Day Moving Average is calculated to be -27.32%.
Shares Statistics:
According to the various share statistics, MBIO traded on average about 100.64K shares per day over the past 3-months and 76090 shares per day over the past 10 days. A total of 6.45M shares are outstanding, with a floating share count of 6.19M. Insiders hold about 15.18% of the company’s shares, while institutions hold 3.86% stake in the company. Shares short for MBIO as of 1764288000 were 86746 with a Short Ratio of 0.58, compared to 1761868800 on 61181. Therefore, it implies a Short% of Shares Outstanding of 86746 and a Short% of Float of 1.35.
