Molecular Templates Inc (MTEM) concluded trading on Tuesday at a closing price of $0.11, with 4.32 million shares of worth about $0.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -90.73% during that period and on December 24, 2024 the price saw a loss of about -23.43%. 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 -72.45% in past 5 days and over the past one month there was a price change of -70.15%. Year-to-date (YTD), MTEM shares are showing a performance of -97.32% which decreased to -97.30% 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 $4.12 during that period. The average intraday trading volume for Molecular Templates Inc shares is 14.74 million. The stock is currently trading -69.79% below its 20-day simple moving average (SMA20), while that difference is down -75.17% for SMA50 and it goes to -91.30% 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 41.02% of that.
The stock has a current market capitalization of $0.54M and its 3Y-monthly beta is at 1.15. 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 25.48% while standing at 21.73% over the month.
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.
