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.
After finishing at $2.23 in the prior trading day, Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed at $2.19, down -1.79%. In other words, the price has decreased by -$1.79 from its previous closing price. On the day, 0.74 million shares were traded. MIST stock price reached its highest trading level at $2.32 during the session, while it also had its lowest trading level at $2.17.
Ratios:
Our goal is to gain a better understanding of MIST by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.40 and its Current Ratio is at 15.40. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.23.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Rodman & Renshaw on August 22, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 20, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $4.
Piper Sandler Upgraded its Neutral to Overweight on April 22, 2022, whereas the target price for the stock was revised from $8 to $10.
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 116788104 and an Enterprise Value of 93757888.
Stock Price History:
The Beta on a monthly basis for MIST is 1.81, which has changed by 0.46710527 over the last 52 weeks, in comparison to a change of 0.21313763 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 $1.12. The 50-Day Moving Average of the stock is 9.76%, while the 200-Day Moving Average is calculated to be 33.11%.
Shares Statistics:
The stock has traded on average 586.41K shares per day over the past 3-months and 929150 shares per day over the last 10 days, according to various share statistics. A total of 53.33M shares are outstanding, with a floating share count of 50.45M. Insiders hold about 5.39% of the company’s shares, while institutions hold 48.01% stake in the company. Shares short for MIST as of 1730332800 were 454790 with a Short Ratio of 1.14, compared to 1727654400 on 436935. Therefore, it implies a Short% of Shares Outstanding of 454790 and a Short% of Float of 0.86.
