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After finishing at $0.21 in the prior trading day, Mangoceuticals Inc (NASDAQ: MGRX) closed at $0.24, up 12.42%. In other words, the price has increased by $12.42 from its previous closing price. On the day, 0.4 million shares were traded. MGRX stock price reached its highest trading level at $0.25 during the session, while it also had its lowest trading level at $0.2178.
Ratios:
Our goal is to gain a better understanding of MGRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.37 and its Current Ratio is at 0.38. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.00.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 26 ’24 when Hamilton Alex P. sold 108,426 shares for $0.32 per share. The transaction valued at 34,696 led to the insider holds 50,000 shares of the business.
Hamilton Alex P. sold 16,574 shares of MGRX for $5,138 on Jun 25 ’24. The Director now owns 158,426 shares after completing the transaction at $0.31 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGRX now has a Market Capitalization of 7174401 and an Enterprise Value of 6968926. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.25 while its Price-to-Book (P/B) ratio in mrq is 0.47. Its current Enterprise Value per Revenue stands at 8.04 whereas that against EBITDA is -0.819.
Stock Price History:
Over the past 52 weeks, MGRX has reached a high of $1.25, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is -29.71%, while the 200-Day Moving Average is calculated to be -28.70%.
Shares Statistics:
The stock has traded on average 1.28M shares per day over the past 3-months and 337670 shares per day over the last 10 days, according to various share statistics. A total of 21.42M shares are outstanding, with a floating share count of 16.83M. Insiders hold about 43.72% of the company’s shares, while institutions hold 1.62% stake in the company. Shares short for MGRX as of 1723680000 were 462450 with a Short Ratio of 0.36, compared to 1721001600 on 657661. Therefore, it implies a Short% of Shares Outstanding of 462450 and a Short% of Float of 2.18.
