Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.
In the latest session, Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed at $1.98 down -1.98% from its previous closing price of $2.02. In other words, the price has decreased by -$1.98 from its previous closing price. On the day, 0.99 million shares were traded. MIST stock price reached its highest trading level at $2.07 during the session, while it also had its lowest trading level at $1.92.
Ratios:
For a deeper understanding of Milestone Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.40 and its Current Ratio is at 15.40. In the meantime, Its Debt-to-Equity ratio is 2.25 whereas as Long-Term Debt/Eq ratio is at 2.23.
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 this company, Rodman & Renshaw on August 22, 2024, initiated with a Buy rating and assigned the stock a target price of $9.
On June 20, 2023, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $8 to $4.
Piper Sandler Upgraded its Neutral to Overweight on April 22, 2022, whereas the target price for the stock was revised from $8 to $10.
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 105589240 and an Enterprise Value of 93757888.
Stock Price History:
The Beta on a monthly basis for MIST is 1.81, which has changed by 0.26250005 over the last 52 weeks, in comparison to a change of 0.25219524 over the same period for the S&P500. Over the past 52 weeks, MIST has reached a high of $2.75, while it has fallen to a 52-week low of $1.12. The 50-Day Moving Average of the stock is 2.03%, while the 200-Day Moving Average is calculated to be 21.76%.
Shares Statistics:
For the past three months, MIST has traded an average of 530.58K shares per day and 480550 over the past ten days. A total of 53.33M shares are outstanding, with a floating share count of 50.59M. Insiders hold about 5.14% of the company’s shares, while institutions hold 49.72% stake in the company. Shares short for MIST as of 1730332800 were 454790 with a Short Ratio of 1.26, compared to 1727654400 on 436935. Therefore, it implies a Short% of Shares Outstanding of 454790 and a Short% of Float of 0.86.
