Market Update: Milestone Pharmaceuticals Inc (MIST) Sees Negative Movement, Closing at 1.56

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed at $1.56 down -39.06% from its previous closing price of $2.56. In other words, the price has decreased by -$39.06 from its previous closing price. On the day, 21.17 million shares were traded. MIST stock price reached its highest trading level at $1.93 during the session, while it also had its lowest trading level at $1.46.

Ratios:

For a deeper understanding of Milestone Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.67 and its Current Ratio is at 4.67.

On August 22, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $9.

Jefferies Downgraded its Buy to Hold on June 20, 2023, whereas the target price for the stock was revised from $8 to $4.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIST now has a Market Capitalization of 83404304 and an Enterprise Value of 128396232.

Stock Price History:

The Beta on a monthly basis for MIST is 0.54, which has changed by -0.01577288 over the last 52 weeks, in comparison to a change of 0.1116153 over the same period for the S&P500. Over the past 52 weeks, MIST has reached a high of $2.75, while it has fallen to a 52-week low of $0.63. The 50-Day Moving Average of the stock is -3.75%, while the 200-Day Moving Average is calculated to be -7.59%.

Shares Statistics:

For the past three months, MIST has traded an average of 1.05M shares per day and 2993620 over the past ten days. A total of 53.46M shares are outstanding, with a floating share count of 52.90M. Insiders hold about 1.06% of the company’s shares, while institutions hold 22.27% stake in the company. Shares short for MIST as of 1749772800 were 2009988 with a Short Ratio of 1.87, compared to 1747267200 on 1965048. Therefore, it implies a Short% of Shares Outstanding of 2009988 and a Short% of Float of 3.7600000000000002.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

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