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The price of Mangoceuticals Inc (NASDAQ: MGRX) closed at $0.42 in the last session, down -1.37% from day before closing price of $0.43. In other words, the price has decreased by -$1.37 from its previous closing price. On the day, 1.13 million shares were traded. MGRX stock price reached its highest trading level at $0.43 during the session, while it also had its lowest trading level at $0.377.
Ratios:
We take a closer look at MGRX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.06 and its Current Ratio is at 0.07.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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 12445554 and an Enterprise Value of 10711376. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.53. Its current Enterprise Value per Revenue stands at 12.678 whereas that against EBITDA is -1.137.
Stock Price History:
The Beta on a monthly basis for MGRX is 2.26, which has changed by -0.70751727 over the last 52 weeks, in comparison to a change of 0.23228896 over the same period for the S&P500. Over the past 52 weeks, MGRX has reached a high of $1.95, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 24.61%, while the 200-Day Moving Average is calculated to be 8.31%.
Shares Statistics:
According to the various share statistics, MGRX traded on average about 5.62M shares per day over the past 3-months and 3171394 shares per day over the past 10 days. A total of 21.42M shares are outstanding, with a floating share count of 13.97M. Insiders hold about 43.72% of the company’s shares, while institutions hold 1.32% stake in the company. Shares short for MGRX as of 1719532800 were 123853 with a Short Ratio of 0.02, compared to 1717113600 on 123034. Therefore, it implies a Short% of Shares Outstanding of 123853 and a Short% of Float of 0.61000003.
