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In the latest session, Mustang Bio Inc (NASDAQ: MBIO) closed at $0.13 down -12.66% from its previous closing price of $0.14. In other words, the price has decreased by -$12.66 from its previous closing price. On the day, 9.07 million shares were traded. MBIO stock price reached its highest trading level at $0.15 during the session, while it also had its lowest trading level at $0.1066.
Ratios:
For a deeper understanding of Mustang Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.40.
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 228687 and an Enterprise Value of 297517952.
Stock Price History:
The Beta on a monthly basis for MBIO is 1.78, which has changed by -0.8965468 over the last 52 weeks, in comparison to a change of 0.22212577 over the same period for the S&P500. Over the past 52 weeks, MBIO has reached a high of $1.52, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is -38.71%, while the 200-Day Moving Average is calculated to be -58.87%.
Shares Statistics:
For the past three months, MBIO has traded an average of 8.91M shares per day and 54056582 over the past ten days. A total of 65.61M shares are outstanding, with a floating share count of 55.50M. Insiders hold about 15.42% of the company’s shares, while institutions hold 4.33% stake in the company. Shares short for MBIO as of 1735603200 were 353454 with a Short Ratio of 0.04, compared to 1732838400 on 253361. Therefore, it implies a Short% of Shares Outstanding of 353454 and a Short% of Float of 0.73.
Earnings Estimates
Currently, 1.0 analysts are dedicated to thoroughly evaluating and rating the performance of Mustang Bio Inc (MBIO) in the stock market.The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$30.5 and -$30.5 for the fiscal current year, implying an average EPS of -$30.5. EPS for the following year is -$17.5, with 1.0 analysts recommending between -$17.5 and -$17.5.
