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MoonLake Immunotherapeutics (NASDAQ: MLTX) closed the day trading at $47.69 down -4.33% from the previous closing price of $49.85. In other words, the price has decreased by -$4.33 from its previous closing price. On the day, 1.19 million shares were traded. MLTX stock price reached its highest trading level at $49.0 during the session, while it also had its lowest trading level at $45.38.
Ratios:
For a better understanding of MLTX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 43.71 and its Current Ratio is at 43.71. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
On June 25, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $104.
On April 02, 2024, Goldman started tracking the stock assigning a Neutral rating and target price of $62.Goldman initiated its Neutral rating on April 02, 2024, with a $62 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 Oct 04 ’24 when BVF PARTNERS L P/IL sold 2,000,000 shares for $50.00 per share. The transaction valued at 100,003,200 led to the insider holds 1,287,768 shares of the business.
Sturge Simon sold 171,000 shares of MLTX for $9,186,120 on Oct 04 ’24. The Director now owns 171,980 shares after completing the transaction at $53.72 per share. On Feb 27 ’24, another insider, Santos da Silva Jorge, who serves as the Chief Executive Officer of the company, sold 62,810 shares for $55.00 each. As a result, the insider received 3,454,550 and left with 3,043,619 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, MLTX now has a Market Capitalization of 2999157248 and an Enterprise Value of 2492071424.
Stock Price History:
Over the past 52 weeks, MLTX has reached a high of $64.98, while it has fallen to a 52-week low of $35.11. The 50-Day Moving Average of the stock is -1.51%, while the 200-Day Moving Average is calculated to be -1.09%.
Shares Statistics:
Over the past 3-months, MLTX traded about 348.98K shares per day on average, while over the past 10 days, MLTX traded about 608890 shares per day. A total of 60.47M shares are outstanding, with a floating share count of 52.49M. Insiders hold about 16.53% of the company’s shares, while institutions hold 96.78% stake in the company. Shares short for MLTX as of 1726185600 were 7774036 with a Short Ratio of 22.28, compared to 1723680000 on 7761704. Therefore, it implies a Short% of Shares Outstanding of 7774036 and a Short% of Float of 30.099999999999998.
