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.
In the latest session, Mesa Air Group Inc (NASDAQ: MESA) closed at $1.09 down -4.39% from its previous closing price of $1.14. In other words, the price has decreased by -$4.39 from its previous closing price. On the day, 0.51 million shares were traded. MESA stock price reached its highest trading level at $1.1599 during the session, while it also had its lowest trading level at $1.01.
Ratios:
For a deeper understanding of Mesa Air Group Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.45. In the meantime, Its Debt-to-Equity ratio is 2.74 whereas as Long-Term Debt/Eq ratio is at 2.18.
On January 07, 2022, BofA Securities Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $12 to $8.
Deutsche Bank Downgraded its Buy to Hold on December 10, 2021, whereas the target price for the stock was revised from $15 to $7.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MESA now has a Market Capitalization of 45031388 and an Enterprise Value of 392429408. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.09 while its Price-to-Book (P/B) ratio in mrq is 0.33. Its current Enterprise Value per Revenue stands at 0.825 whereas that against EBITDA is 12.383.
Stock Price History:
The Beta on a monthly basis for MESA is 3.07, which has changed by 0.12371135 over the last 52 weeks, in comparison to a change of 0.22894537 over the same period for the S&P500. Over the past 52 weeks, MESA has reached a high of $1.89, while it has fallen to a 52-week low of $0.75. The 50-Day Moving Average of the stock is -10.33%, while the 200-Day Moving Average is calculated to be -10.25%.
Shares Statistics:
For the past three months, MESA has traded an average of 249.51K shares per day and 234560 over the past ten days. A total of 41.31M shares are outstanding, with a floating share count of 32.32M. Insiders hold about 21.78% of the company’s shares, while institutions hold 10.63% stake in the company. Shares short for MESA as of 1738281600 were 164768 with a Short Ratio of 0.66, compared to 1735603200 on 268576. Therefore, it implies a Short% of Shares Outstanding of 164768 and a Short% of Float of 0.42.
