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.
In the latest session, Mustang Bio Inc (NASDAQ: MBIO) closed at $1.24 down -6.72% from its previous closing price of $1.33. In other words, the price has decreased by -$6.72 from its previous closing price. On the day, 17.84 million shares were traded. MBIO stock price reached its highest trading level at $1.3599 during the session, while it also had its lowest trading level at $1.16.
Ratios:
For a deeper understanding of Mustang Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.68.
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, BTIG Research on May 18, 2021, initiated with a Buy rating and assigned the stock a target price of $11.
On October 02, 2020, B. Riley FBR started tracking the stock assigning a Buy rating and target price of $9.
On November 20, 2019, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.Cantor Fitzgerald initiated its Overweight rating on November 20, 2019, with a $7 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, MBIO now has a Market Capitalization of 4098968 and an Enterprise Value of -1863506.
Stock Price History:
The Beta on a monthly basis for MBIO is 2.16, which has changed by -0.921519 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, MBIO has reached a high of $65.00, while it has fallen to a 52-week low of $1.13. The 50-Day Moving Average of the stock is -27.95%, while the 200-Day Moving Average is calculated to be -86.89%.
Shares Statistics:
For the past three months, MBIO has traded an average of 195.31K shares per day and 1859000 over the past ten days. A total of 3.31M shares are outstanding, with a floating share count of 1.96M. Insiders hold about 40.72% of the company’s shares, while institutions hold 2.83% stake in the company. Shares short for MBIO as of 1743379200 were 60389 with a Short Ratio of 0.31, compared to 1740700800 on 91738. Therefore, it implies a Short% of Shares Outstanding of 60389 and a Short% of Float of 3.17.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
