Upward Trajectory: Mustang Bio Inc (MBIO) Posts a Slidee, Closing at 2.42

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The closing price of Mustang Bio Inc (NASDAQ: MBIO) was $2.42 for the day, down -8.68% from the previous closing price of $2.65. In other words, the price has decreased by -$8.68 from its previous closing price. On the day, 1.06 million shares were traded. MBIO stock price reached its highest trading level at $2.74 during the session, while it also had its lowest trading level at $2.39.

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 1.34 and its Current Ratio is at 1.34. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 10594373 and an Enterprise Value of -10050869.

Stock Price History:

The Beta on a monthly basis for MBIO is 2.13, which has changed by -0.8804938 over the last 52 weeks, in comparison to a change of 0.10611236 over the same period for the S&P500. Over the past 52 weeks, MBIO has reached a high of $24.00, while it has fallen to a 52-week low of $0.89. The 50-Day Moving Average of the stock is 74.62%, while the 200-Day Moving Average is calculated to be -55.53%.

Shares Statistics:

MBIO traded an average of 6.16M shares per day over the past three months and 35191910 shares per day over the past ten days. A total of 4.38M shares are outstanding, with a floating share count of 3.15M. Insiders hold about 28.11% of the company’s shares, while institutions hold 2.62% stake in the company. Shares short for MBIO as of 1749772800 were 3845 with a Short Ratio of 0.00, compared to 1747267200 on 58835. Therefore, it implies a Short% of Shares Outstanding of 3845 and a Short% of Float of 0.11.

Dividends & Splits

Against a Trailing Annual Dividend Yield of 0.0

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between -$17.5 and -$17.5 for the fiscal current year, implying an average EPS of -$17.5.

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