As of close of business last night, Mangoceuticals Inc’s stock clocked out at $0.19, down -8.85% from its previous closing price of $0.21. In other words, the price has decreased by -$0.0175 from its previous closing price. On the day, 592075 shares were traded.
Ratios:
To gain a deeper understanding of MGRX’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.30 and its Current Ratio is at 8.44. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.06.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Apr 10 ’23 when Cohen Jacob D. bought 275,000 shares for $1.00 per share. The transaction valued at 275,000 led to the insider holds 8,275,000 shares of the business.
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 4.44M and an Enterprise Value of 3.34M. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.57 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 6.74 whereas that against EBITDA is -0.46.
Stock Price History:
Over the past 52 weeks, MGRX has reached a high of $4.37, while it has fallen to a 52-week low of $0.19. The 50-Day Moving Average of the stock is 0.2894, while the 200-Day Moving Average is calculated to be 0.8503.
Shares Statistics:
It appears that MGRX traded 908.90K shares on average per day over the past three months and 334.63k shares per day over the past ten days. A total of 17.32M shares are outstanding, with a floating share count of 12.24M. Insiders hold about 44.39% of the company’s shares, while institutions hold 0.48% stake in the company. Shares short for MGRX as of Feb 15, 2024 were 674.54k with a Short Ratio of 0.74, compared to 188.47k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.06% and a Short% of Float of 5.33%.
