Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The closing price of Matinas Biopharma Holdings Inc (AMEX: MTNB) was $1.71 for the day, down -27.54% from the previous closing price of $2.36. In other words, the price has decreased by -$27.54 from its previous closing price. On the day, 2.16 million shares were traded. MTNB stock price reached its highest trading level at $1.9501 during the session, while it also had its lowest trading level at $1.44.
Ratios:
Our analysis of MTNB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.07 and its Current Ratio is at 4.07. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.22.
On January 27, 2020, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $3.Piper Sandler initiated its Overweight rating on January 27, 2020, with a $3 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, MTNB now has a Market Capitalization of 8698736 and an Enterprise Value of 4703744.
Stock Price History:
The Beta on a monthly basis for MTNB is 1.43, which has changed by -0.7285714 over the last 52 weeks, in comparison to a change of 0.15222645 over the same period for the S&P500. Over the past 52 weeks, MTNB has reached a high of $7.91, while it has fallen to a 52-week low of $0.47. The 50-Day Moving Average of the stock is 66.00%, while the 200-Day Moving Average is calculated to be 131.86%.
Shares Statistics:
MTNB traded an average of 613.27K shares per day over the past three months and 2646940 shares per day over the past ten days. A total of 5.09M shares are outstanding, with a floating share count of 4.56M. Insiders hold about 10.27% of the company’s shares, while institutions hold 5.62% stake in the company. Shares short for MTNB as of 1753920000 were 47983 with a Short Ratio of 0.08, compared to 1751241600 on 142781. Therefore, it implies a Short% of Shares Outstanding of 47983 and a Short% of Float of 0.95.
