Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Mustang Bio Inc (NASDAQ: MBIO) closed the day trading at $0.24 down -25.02% from the previous closing price of $0.32. In other words, the price has decreased by -$25.02 from its previous closing price. On the day, 0.71 million shares were traded. MBIO stock price reached its highest trading level at $0.33 during the session, while it also had its lowest trading level at $0.22.
Ratios:
For a better understanding of MBIO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.74 and its Current Ratio is at 0.74. In the meantime, Its Debt-to-Equity ratio is 20.83 whereas as Long-Term Debt/Eq ratio is at 16.50.
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.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBIO now has a Market Capitalization of 3284322 and an Enterprise Value of -1288874.
Stock Price History:
The Beta on a monthly basis for MBIO is 1.68, which has changed by -0.94089776 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, MBIO has reached a high of $8.17, while it has fallen to a 52-week low of $0.31. The 50-Day Moving Average of the stock is -74.41%, while the 200-Day Moving Average is calculated to be -87.93%.
Shares Statistics:
Over the past 3-months, MBIO traded about 214.08K shares per day on average, while over the past 10 days, MBIO traded about 275400 shares per day. A total of 8.37M shares are outstanding, with a floating share count of 7.42M. Insiders hold about 28.61% of the company’s shares, while institutions hold 10.40% stake in the company. Shares short for MBIO as of 1713139200 were 136523 with a Short Ratio of 0.64, compared to 1710460800 on 389026. Therefore, it implies a Short% of Shares Outstanding of 136523 and a Short% of Float of 1.82.
Earnings Estimates
Investors are eagerly awaiting the insights provided by 1.0 analysts currently analyzing and rating the stock of Mustang Bio Inc (MBIO).On average, analysts expect EPS of -$0.87 for the current quarter, with a high estimate of -$0.87 and a low estimate of -$0.87, while EPS last year was -$2.06. The consensus estimate for the next quarter is -$0.88, with high estimates of -$0.88 and low estimates of -$0.88.
Analysts are recommending an EPS of between -$3.57 and -$3.57 for the fiscal current year, implying an average EPS of -$3.57. EPS for the following year is -$5.04, with 1.0 analysts recommending between -$5.04 and -$5.04.
