Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Matinas Biopharma Holdings Inc’s stock clocked out at $0.17, down -4.58% from its previous closing price of $0.18. In other words, the price has decreased by -$4.58 from its previous closing price. On the day, 1.45 million shares were traded. MTNB stock price reached its highest trading level at $0.1887 during the session, while it also had its lowest trading level at $0.1739.
Ratios:
To gain a deeper understanding of MTNB’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.93 and its Current Ratio is at 5.93. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.15.
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 43867716 and an Enterprise Value of 27837746. For the stock, the TTM Price-to-Sale (P/S) ratio is 39.88 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 25.399 whereas that against EBITDA is -1.191.
Stock Price History:
Over the past 52 weeks, MTNB has reached a high of $0.89, while it has fallen to a 52-week low of $0.11. The 50-Day Moving Average of the stock is -27.37%, while the 200-Day Moving Average is calculated to be -22.70%.
Shares Statistics:
It appears that MTNB traded 1.63M shares on average per day over the past three months and 951360 shares per day over the past ten days. A total of 250.82M shares are outstanding, with a floating share count of 243.50M. Insiders hold about 2.92% of the company’s shares, while institutions hold 10.30% stake in the company. Shares short for MTNB as of 1713139200 were 3192030 with a Short Ratio of 1.96, compared to 1710460800 on 1321911. Therefore, it implies a Short% of Shares Outstanding of 3192030 and a Short% of Float of 1.3099999.
