Moleculin Biotech Inc (MBRX) Records 0.91 million Shares Traded, Reaches $6.00 High

After finishing at $5.70 in the prior trading day, Moleculin Biotech Inc (NASDAQ: MBRX) closed at $5.25, down -7.97%. In other words, the price has decreased by -$0.34 from its previous closing price. On the day, 912004 shares were traded. MBRX stock price reached its highest trading level at $6.00 during the session, while it also had its lowest trading level at $4.65.

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Ratios:

Our goal is to gain a better understanding of MBRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.86 and its Current Ratio is at 3.86. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Dec 26 ’23 when KLEMP WALTER V bought 188,404 shares for $0.69 per share. The transaction valued at 129,999 led to the insider holds 680,880 shares of the business.

Foster Jonathan P. bought 28,986 shares of MBRX for $20,000 on Dec 26 ’23. The Chief Financial Officer now owns 80,556 shares after completing the transaction at $0.69 per share. On Dec 26 ’23, another insider, George Robert E., who serves as the Director of the company, bought 14,493 shares for $0.69 each. As a result, the insider paid 10,000 and bolstered with 14,660 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MBRX now has a Market Capitalization of 12.71M and an Enterprise Value of -11.38M.

Stock Price History:

Over the past 52 weeks, MBRX has reached a high of $24.75, while it has fallen to a 52-week low of $5.07. The 50-Day Moving Average of the stock is 8.17, while the 200-Day Moving Average is calculated to be 8.47.

Shares Statistics:

The stock has traded on average 13.93K shares per day over the past 3-months and 26k shares per day over the last 10 days, according to various share statistics. A total of 2.23M shares are outstanding, with a floating share count of 2.23M. Shares short for MBRX as of Feb 29, 2024 were 8.96k with a Short Ratio of 0.64, compared to 14.67k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.03% and a Short% of Float of 0.03%.

Earnings Estimates

Its stock is currently analyzed by 1 different market analysts. On average, analysts expect EPS of -$2.4 for the current quarter, with a high estimate of -$2.4 and a low estimate of -$2.4, while EPS last year was -$4.2. The consensus estimate for the next quarter is -$2.4, with high estimates of -$2.4 and low estimates of -$2.4.

Analysts are recommending an EPS of between -$9.75 and -$14.7 for the fiscal current year, implying an average EPS of -$11.75. EPS for the following year is -$11.6, with 3 analysts recommending between -$9.45 and -$15.9.

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