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Molecular Templates Inc (NASDAQ: MTEM) closed the day trading at $0.39 down -5.93% from the previous closing price of $0.42. In other words, the price has decreased by -$5.93 from its previous closing price. On the day, 0.57 million shares were traded. MTEM stock price reached its highest trading level at $0.4249 during the session, while it also had its lowest trading level at $0.3511.
Ratios:
For a better understanding of MTEM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.56 and its Current Ratio is at 1.56. In the meantime, Its Debt-to-Equity ratio is 1.55 whereas as Long-Term Debt/Eq ratio is at 1.18.
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, BofA Securities on April 21, 2021, initiated with a Buy rating and assigned the stock a target price of $12.
On February 01, 2021, UBS started tracking the stock assigning a Neutral rating and target price of $13.
On September 08, 2020, Jefferies started tracking the stock assigning a Buy rating and target price of $21.Jefferies initiated its Buy rating on September 08, 2020, with a $21 target price.
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 Apr 02 ’24 when BIOTECH TARGET N V bought 250,000 shares for $2.35 per share. The transaction valued at 587,500 led to the insider holds 1,279,820 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MTEM now has a Market Capitalization of 2742842 and an Enterprise Value of 3959440. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.10 while its Price-to-Book (P/B) ratio in mrq is 0.36. Its current Enterprise Value per Revenue stands at 0.155 whereas that against EBITDA is -0.286.
Stock Price History:
Over the past 52 weeks, MTEM has reached a high of $6.25, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is -62.56%, while the 200-Day Moving Average is calculated to be -77.70%.
Shares Statistics:
Over the past 3-months, MTEM traded about 4.19M shares per day on average, while over the past 10 days, MTEM traded about 231860 shares per day. A total of 6.58M shares are outstanding, with a floating share count of 5.44M. Insiders hold about 17.39% of the company’s shares, while institutions hold 42.69% stake in the company. Shares short for MTEM as of 1728950400 were 251356 with a Short Ratio of 0.06, compared to 1726185600 on 190061. Therefore, it implies a Short% of Shares Outstanding of 251356 and a Short% of Float of 5.4399999999999995.
