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After finishing at $2.25 in the prior trading day, Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed at $0.88, down -60.89%. In other words, the price has decreased by -$60.89 from its previous closing price. On the day, 33.29 million shares were traded. MIST stock price reached its highest trading level at $0.97 during the session, while it also had its lowest trading level at $0.75.
Ratios:
Our goal is to gain a better understanding of MIST by taking a closer 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 46951520 and an Enterprise Value of 43414824.
Stock Price History:
The Beta on a monthly basis for MIST is 0.97, which has changed by -0.5191257 over the last 52 weeks, in comparison to a change of 0.06429911 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 -55.79%, while the 200-Day Moving Average is calculated to be -48.13%.
Shares Statistics:
The stock has traded on average 1.56M shares per day over the past 3-months and 7261640 shares per day over the last 10 days, according to various share statistics. 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 1741910400 were 880568 with a Short Ratio of 0.56, compared to 1739491200 on 398732. Therefore, it implies a Short% of Shares Outstanding of 880568 and a Short% of Float of 1.66.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
Earnings Estimates
The company has 2.0 analysts who recommend its stock at the moment. The consensus estimate for the next quarter is -$0.28, with high estimates of -$0.22 and low estimates of -$0.33.
Analysts are recommending an EPS of between -$0.95 and -$1.53 for the fiscal current year, implying an average EPS of -$1.24. EPS for the following year is -$1.71, with 2.0 analysts recommending between -$1.53 and -$1.89.
Revenue Estimates
Based on 2 analysts’ estimates, the company’s revenue will be $55.45M in the next fiscal year. The high estimate is $60M and the low estimate is $50.9M.
