The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed the day trading at $1.90 down -2.56% from the previous closing price of $1.95. In other words, the price has decreased by -$2.56 from its previous closing price. On the day, 2.21 million shares were traded. MIST stock price reached its highest trading level at $1.97 during the session, while it also had its lowest trading level at $1.87.
Ratios:
For a better understanding of MIST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.10 and its Current Ratio is at 9.10. In the meantime, Its Debt-to-Equity ratio is 4.17 whereas as Long-Term Debt/Eq ratio is at 4.12.
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 101372600 and an Enterprise Value of 111004688.
Stock Price History:
The Beta on a monthly basis for MIST is 1.04, which has changed by 0.09826589 over the last 52 weeks, in comparison to a change of 0.086116076 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 -5.60%, while the 200-Day Moving Average is calculated to be 12.54%.
Shares Statistics:
Over the past 3-months, MIST traded about 1.20M shares per day on average, while over the past 10 days, MIST traded about 2723750 shares per day. A total of 53.35M shares are outstanding, with a floating share count of 50.79M. Insiders hold about 4.81% of the company’s shares, while institutions hold 42.45% stake in the company. Shares short for MIST as of 1740700800 were 742790 with a Short Ratio of 0.62, compared to 1738281600 on 481393. Therefore, it implies a Short% of Shares Outstanding of 742790 and a Short% of Float of 1.39999995.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
