As of close of business last night, Milestone Pharmaceuticals Inc’s stock clocked out at $1.68, down -21.13% from its previous closing price of $2.13. In other words, the price has decreased by -$0.4500 from its previous closing price. On the day, 3194098 shares were traded. MIST stock price reached its highest trading level at $2.1000 during the session, while it also had its lowest trading level at $1.6100.
Ratios:
To gain a deeper understanding of MIST’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.45 and its Current Ratio is at 10.45. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.77.
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 the company, Jefferies on June 20, 2023, Downgraded its rating to Hold and sets its target price to $4 from $8 previously.
On April 22, 2022, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $8 to $10.
On March 05, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $20.H.C. Wainwright initiated its Buy rating on March 05, 2021, with a $20 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, MIST now has a Market Capitalization of 71.32M and an Enterprise Value of 46.60M. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.50 while its Price-to-Book (P/B) ratio in mrq is 1.97. Its current Enterprise Value per Revenue stands at 10.36 whereas that against EBITDA is -0.79.
Stock Price History:
Over the past 52 weeks, MIST has reached a high of $4.49, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 1.7985, while the 200-Day Moving Average is calculated to be 2.8011.
Shares Statistics:
It appears that MIST traded 341.16K shares on average per day over the past three months and 538.48k shares per day over the past ten days. A total of 34.29M shares are outstanding, with a floating share count of 31.78M. Insiders hold about 5.08% of the company’s shares, while institutions hold 49.83% stake in the company. Shares short for MIST as of Feb 15, 2024 were 376.7k with a Short Ratio of 1.10, compared to 405.58k on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.13% and a Short% of Float of 1.14%.
Earnings Estimates
As of right now, 4 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.34 for the current quarter, with a high estimate of -$0.29 and a low estimate of -$0.43, while EPS last year was -$0.31. The consensus estimate for the next quarter is -$0.35, with high estimates of -$0.29 and low estimates of -$0.45.
Analysts are recommending an EPS of between -$1.36 and -$1.5 for the fiscal current year, implying an average EPS of -$1.4. EPS for the following year is -$1.62, with 4 analysts recommending between -$1.3 and -$2.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for MIST’s current fiscal year. The highest revenue estimate was $1M, while the lowest revenue estimate was $1M, resulting in an average revenue estimate of $1M. In the same quarter a year ago, actual revenue was $5M, down -80.00% from the average estimate.
