Mustang Bio Inc (MBIO) concluded trading on Wednesday at a closing price of $0.31, with 4.99 million shares of worth about $1.55 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 18.61% during that period and on October 30, 2024 the price saw a gain of about 5.00%. Currently the company’s common shares owned by public are about 37.23M shares, out of which, 33.65M shares are available for trading.
Stock saw a price change of 1.85% in past 5 days and over the past one month there was a price change of 36.44%. Year-to-date (YTD), MBIO shares are showing a performance of -77.15% which decreased to -78.87% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.13 but also hit the highest price of $1.97 during that period. The average intraday trading volume for Mustang Bio Inc shares is 1.75 million. The stock is currently trading 23.69% above its 20-day simple moving average (SMA20), while that difference is up 17.29% for SMA50 and it goes to -46.17% lower than SMA200.
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Mustang Bio Inc (NASDAQ: MBIO) currently have 37.23M outstanding shares and institutions hold larger chunk of about 2.38% of that.
The stock has a current market capitalization of $11.49M and its 3Y-monthly beta is at 1.96. It has posted earnings per share of -$2.98 in the same period. It has Quick Ratio of 0.46. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MBIO, volatility over the week remained 14.22% while standing at 12.86% over the month.
Stock’s fiscal year EPS is expected to rise by 86.50% while it is estimated to increase by 56.79% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BTIG Research on May 18, 2021 offering a Buy rating for the stock and assigned a target price of $11 to it. Coverage by B. Riley FBR stated Mustang Bio Inc (MBIO) stock as a Buy in their note to investors on October 02, 2020, suggesting a price target of $9 for the stock. On November 20, 2019, Cantor Fitzgerald Initiated their recommendations, while on August 13, 2019, H.C. Wainwright Initiated their ratings for the stock with a price target of $7. Stock get an Overweight rating from Cantor Fitzgerald on June 21, 2019.
