Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
The price of Mustang Bio Inc (NASDAQ: MBIO) closed at $0.22 in the last session, up 2.80% from day before closing price of $0.21. In other words, the price has increased by $2.80 from its previous closing price. On the day, 7.48 million shares were traded. MBIO stock price reached its highest trading level at $0.2322 during the session, while it also had its lowest trading level at $0.1975.
Ratios:
We take a closer look at MBIO’s different ratios to gain a better understanding of the stock. 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 10915124 and an Enterprise Value of 7969654.
Stock Price History:
Over the past 52 weeks, MBIO has reached a high of $1.53, while it has fallen to a 52-week low of $0.13. The 50-Day Moving Average of the stock is 2.35%, while the 200-Day Moving Average is calculated to be -32.37%.
Shares Statistics:
According to the various share statistics, MBIO traded on average about 7.67M shares per day over the past 3-months and 36975790 shares per day over the past 10 days. A total of 49.61M shares are outstanding, with a floating share count of 45.93M. Insiders hold about 7.44% of the company’s shares, while institutions hold 5.72% stake in the company. Shares short for MBIO as of 1734048000 were 371097 with a Short Ratio of 0.05, compared to 1731628800 on 424910. Therefore, it implies a Short% of Shares Outstanding of 371097 and a Short% of Float of 0.76.
