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.
Mustang Bio Inc (NASDAQ: MBIO) closed the day trading at $1.22 down -1.61% from the previous closing price of $1.24. In other words, the price has decreased by -$1.61 from its previous closing price. On the day, 0.85 million shares were traded.
Ratios:
For a better understanding of MBIO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68.
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, BTIG Research on May 18, 2021, initiated with a Buy rating and assigned the stock a target price of $11.
On October 02, 2020, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $9.
On November 20, 2019, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 20, 2019, with a $7 target price.
Stock Price History:
Over the past 52 weeks, MBIO has reached a high of $65.00, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is -27.73%, while the 200-Day Moving Average is calculated to be -86.96%.
Shares Statistics:
A total of 3.31M shares are outstanding, with a floating share count of 1.96M. Insiders hold about 40.72% of the company’s shares, while institutions hold 2.83% stake in the company.
