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MiNK Therapeutics Inc (NASDAQ: INKT) closed the day trading at $0.68 down -4.52% from the previous closing price of $0.71. In other words, the price has decreased by -$4.52 from its previous closing price. On the day, 0.59 million shares were traded. INKT stock price reached its highest trading level at $0.72 during the session, while it also had its lowest trading level at $0.57.
Ratios:
For a better understanding of INKT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.93 and its Current Ratio is at 0.93.
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 Oct 13 ’23 when AGENUS INC bought 19,373 shares for $1.10 per share. The transaction valued at 21,310 led to the insider holds 21,772,434 shares of the business.
AGENUS INC bought 3,173 shares of INKT for $3,488 on Oct 12 ’23. The 10% Owner now owns 21,753,061 shares after completing the transaction at $1.10 per share. On Oct 16 ’23, another insider, AGENUS INC, who serves as the 10% Owner of the company, bought 429 shares for $1.10 each. As a result, the insider paid 472 and bolstered with 21,772,863 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INKT now has a Market Capitalization of 26807916 and an Enterprise Value of 21899944.
Stock Price History:
Over the past 52 weeks, INKT has reached a high of $1.90, while it has fallen to a 52-week low of $0.71. The 50-Day Moving Average of the stock is -14.67%, while the 200-Day Moving Average is calculated to be -25.78%.
Shares Statistics:
Over the past 3-months, INKT traded about 50.53K shares per day on average, while over the past 10 days, INKT traded about 71390 shares per day. A total of 34.60M shares are outstanding, with a floating share count of 10.02M. Insiders hold about 74.67% of the company’s shares, while institutions hold 2.27% stake in the company. Shares short for INKT as of 1726185600 were 62008 with a Short Ratio of 1.23, compared to 1723680000 on 64302. Therefore, it implies a Short% of Shares Outstanding of 62008 and a Short% of Float of 0.42.