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The closing price of Milestone Pharmaceuticals Inc (NASDAQ: MIST) was $2.19 for the day, down -0.45% from the previous closing price of $2.20. In other words, the price has decreased by -$0.45 from its previous closing price. On the day, 0.58 million shares were traded. MIST stock price reached its highest trading level at $2.36 during the session, while it also had its lowest trading level at $2.13.
Ratios:
Our analysis of MIST’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 15.40 and its Current Ratio is at 15.40. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.23.
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, Rodman & Renshaw on August 22, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 20, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $4.
Piper Sandler Upgraded its Neutral to Overweight on April 22, 2022, whereas the target price for the stock was revised from $8 to $10.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MIST now has a Market Capitalization of 117321368 and an Enterprise Value of 93757888.
Stock Price History:
The Beta on a monthly basis for MIST is 1.82, which has changed by 0.2716763 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, MIST has reached a high of $2.75, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 20.14%, while the 200-Day Moving Average is calculated to be 36.37%.
Shares Statistics:
MIST traded an average of 433.88K shares per day over the past three months and 720600 shares per day over the past ten days. A total of 53.33M shares are outstanding, with a floating share count of 50.59M. Insiders hold about 5.14% of the company’s shares, while institutions hold 49.68% stake in the company. Shares short for MIST as of 1730332800 were 454790 with a Short Ratio of 1.19, compared to 1727654400 on 436935. Therefore, it implies a Short% of Shares Outstanding of 454790 and a Short% of Float of 0.86.
