Molecular Templates Inc (MTEM) concluded trading on Thursday at a closing price of $0.61, with 329.84 million shares of worth about $201.21 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -59.33% during that period and on November 14, 2024 the price saw a gain of about 89.38%. Currently the company’s common shares owned by public are about 6.58M shares, out of which, 5.44M shares are available for trading.
Stock saw a price change of 55.10% in past 5 days and over the past one month there was a price change of 87.64%. Year-to-date (YTD), MTEM shares are showing a performance of -83.65% which decreased to -89.11% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.29 but also hit the highest price of $5.67 during that period. The average intraday trading volume for Molecular Templates Inc shares is 4.21 million. The stock is currently trading 21.21% above its 20-day simple moving average (SMA20), while that difference is down -35.06% for SMA50 and it goes to -63.74% lower than SMA200.
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Molecular Templates Inc (NASDAQ: MTEM) currently have 6.58M outstanding shares and institutions hold larger chunk of about 43.46% of that.
The stock has a current market capitalization of $4.01M and its 3Y-monthly beta is at 1.08. It has posted earnings per share of -$2.70 in the same period. It has Quick Ratio of 1.56 while making debt-to-equity ratio of 1.55. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for MTEM, volatility over the week remained 56.13% while standing at 32.08% over the month.
EPS is likely to shrink at an annualized rate of 3.20% for next 5-years, compared to annual growth of 34.83% made by the stock over the past 5-years.
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 BofA Securities on April 21, 2021 offering a Buy rating for the stock and assigned a target price of $12 to it. Coverage by UBS stated Molecular Templates Inc (MTEM) stock as a Neutral in their note to investors on February 01, 2021, suggesting a price target of $13 for the stock. On September 08, 2020, Jefferies Initiated their recommendations, while on March 25, 2020, Stifel Initiated their ratings for the stock with a price target of $19. Stock get an Overweight rating from Barclays on February 27, 2020.
