Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Mesa Air Group Inc’s stock clocked out at $1.39, down -7.95% from its previous closing price of $1.51. In other words, the price has decreased by -$7.95 from its previous closing price. On the day, 0.5 million shares were traded. MESA stock price reached its highest trading level at $1.51 during the session, while it also had its lowest trading level at $1.313.
Ratios:
To gain a deeper understanding of MESA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.67.
On January 07, 2022, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $12 to $8.
Deutsche Bank Downgraded its Buy to Hold on December 10, 2021, whereas the target price for the stock was revised from $15 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MESA now has a Market Capitalization of 58213004 and an Enterprise Value of 121816088. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.14. Its current Enterprise Value per Revenue stands at 0.3 whereas that against EBITDA is 4.233.
Stock Price History:
The Beta on a monthly basis for MESA is 2.39, which has changed by 0.4183674 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, MESA has reached a high of $1.72, while it has fallen to a 52-week low of $0.68. The 50-Day Moving Average of the stock is -1.82%, while the 200-Day Moving Average is calculated to be 20.94%.
Shares Statistics:
It appears that MESA traded 137.55K shares on average per day over the past three months and 263630 shares per day over the past ten days. A total of 41.88M shares are outstanding, with a floating share count of 32.43M. Insiders hold about 22.54% of the company’s shares, while institutions hold 19.14% stake in the company. Shares short for MESA as of 1761868800 were 276127 with a Short Ratio of 2.01, compared to 1759190400 on 282774. Therefore, it implies a Short% of Shares Outstanding of 276127 and a Short% of Float of 0.69999998.
