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The closing price of Mustang Bio Inc (NASDAQ: MBIO) was $0.24 for the day, down -22.58% from the previous closing price of $0.31. In other words, the price has decreased by -$22.58 from its previous closing price. On the day, 46.03 million shares were traded. MBIO stock price reached its highest trading level at $0.4388 during the session, while it also had its lowest trading level at $0.235.
Ratios:
Our analysis of MBIO’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.53 and its Current Ratio is at 0.53.
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 3879624 and an Enterprise Value of 4063573.
Stock Price History:
Over the past 52 weeks, MBIO has reached a high of $8.17, while it has fallen to a 52-week low of $0.22. The 50-Day Moving Average of the stock is -58.63%, while the 200-Day Moving Average is calculated to be -84.65%.
Shares Statistics:
MBIO traded an average of 351.98K shares per day over the past three months and 5352380 shares per day over the past ten days. A total of 12.51M shares are outstanding, with a floating share count of 9.07M. Insiders hold about 27.54% of the company’s shares, while institutions hold 7.09% stake in the company. Shares short for MBIO as of 1714435200 were 82150 with a Short Ratio of 0.23, compared to 1711584000 on 177977. Therefore, it implies a Short% of Shares Outstanding of 82150 and a Short% of Float of 0.97.
Earnings Estimates
As of right now, 1.0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of -$0.87 for the current quarter, with a high estimate of -$0.87 and a low estimate of -$0.87, while EPS last year was -$2.06. The consensus estimate for the next quarter is -$0.88, with high estimates of -$0.88 and low estimates of -$0.88.
Analysts are recommending an EPS of between -$3.57 and -$3.57 for the fiscal current year, implying an average EPS of -$3.57. EPS for the following year is -$5.04, with 1.0 analysts recommending between -$5.04 and -$5.04.
