Milestone Pharmaceuticals Inc (NASDAQ: MIST) closed the day trading at $1.42 down -2.07% from the previous closing price of $1.45. In other words, the price has decreased by -$0.0300 from its previous closing price. On the day, 581681 shares were traded. MIST stock price reached its highest trading level at $1.4800 during the session, while it also had its lowest trading level at $1.3600.
Ratios:
For a better understanding of MIST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.45 and its Current Ratio is at 10.45. In the meantime, Its Debt-to-Equity ratio is 1.79 whereas as Long-Term Debt/Eq ratio is at 1.77.
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 the company, Jefferies on June 20, 2023, Downgraded its rating to Hold and sets its target price to $4 from $8 previously.
On April 22, 2022, Piper Sandler Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $8 to $10.
On March 05, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $20.H.C. Wainwright initiated its Buy rating on March 05, 2021, with a $20 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, MIST now has a Market Capitalization of 76.54M and an Enterprise Value of 51.82M. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.77 while its Price-to-Book (P/B) ratio in mrq is 1.67. Its current Enterprise Value per Revenue stands at 11.52 whereas that against EBITDA is -0.88.
Stock Price History:
Over the past 52 weeks, MIST has reached a high of $4.49, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 1.6185, while the 200-Day Moving Average is calculated to be 2.6563.
Shares Statistics:
Over the past 3-months, MIST traded about 410.86K shares per day on average, while over the past 10 days, MIST traded about 423.04k shares per day. A total of 53.15M shares are outstanding, with a floating share count of 50.45M. Insiders hold about 5.08% of the company’s shares, while institutions hold 31.51% stake in the company. Shares short for MIST as of Feb 29, 2024 were 451.29k with a Short Ratio of 1.10, compared to 405.3k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.35% and a Short% of Float of 1.37%.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of -$0.31 for the current quarter, with a high estimate of -$0.29 and a low estimate of -$0.35, while EPS last year was -$0.31. The consensus estimate for the next quarter is -$0.27, with high estimates of -$0.21 and low estimates of -$0.3.
Analysts are recommending an EPS of between -$1.36 and -$1.38 for the fiscal current year, implying an average EPS of -$1.37. EPS for the following year is -$1.31, with 4 analysts recommending between -$0.75 and -$1.83.
Revenue Estimates
A total of 4 analysts have provided revenue estimates for MIST’s current fiscal year. The highest revenue estimate was $1M, while the lowest revenue estimate was $1M, resulting in an average revenue estimate of $1M. In the same quarter a year ago, actual revenue was $5M, down -80.00% from the average estimate.
