Post-Trade Analysis: Mangoceuticals Inc (MGRX) Climbs 1.55, Closing at 1.97

The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.

After finishing at $1.94 in the prior trading day, Mangoceuticals Inc (NASDAQ: MGRX) closed at $1.97, up 1.55%. In other words, the price has increased by $1.55 from its previous closing price. On the day, 84915.0 shares were traded. MGRX stock price reached its highest trading level at $2.04 during the session, while it also had its lowest trading level at $1.9001.

Ratios:

Our goal is to gain a better understanding of MGRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.12 and its Current Ratio is at 0.12. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 Jun 26 ’24 when Hamilton Alex P. sold 108,426 shares for $0.32 per share. The transaction valued at 34,696 led to the insider holds 50,000 shares of the business.

Hamilton Alex P. sold 16,574 shares of MGRX for $5,138 on Jun 25 ’24. The Director now owns 158,426 shares after completing the transaction at $0.31 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, MGRX now has a Market Capitalization of 20454116 and an Enterprise Value of 21707162. For the stock, the TTM Price-to-Sale (P/S) ratio is 41.12 while its Price-to-Book (P/B) ratio in mrq is 0.70. Its current Enterprise Value per Revenue stands at 42.473 whereas that against EBITDA is -2.612.

Stock Price History:

The Beta on a monthly basis for MGRX is 2.77, which has changed by -0.62476194 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, MGRX has reached a high of $7.66, while it has fallen to a 52-week low of $1.32. The 50-Day Moving Average of the stock is 5.06%, while the 200-Day Moving Average is calculated to be -30.55%.

Shares Statistics:

The stock has traded on average 304.60K shares per day over the past 3-months and 161200 shares per day over the last 10 days, according to various share statistics. A total of 7.14M shares are outstanding, with a floating share count of 4.80M. Insiders hold about 51.44% of the company’s shares, while institutions hold 0.76% stake in the company. Shares short for MGRX as of 1748563200 were 249327 with a Short Ratio of 0.82, compared to 1745971200 on 277446. Therefore, it implies a Short% of Shares Outstanding of 249327 and a Short% of Float of 3.09.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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