Currently, there are 41.31M common shares owned by the public and among those 32.32M shares have been available to trade.
The company’s stock has a 5-day price change of 40.49% and -12.70% over the past three months. MESA shares are trading -5.17% year to date (YTD), with the 12-month market performance up to 35.97% higher. It has a 12-month low price of $0.68 and touched a high of $1.89 over the same period. MESA has an average intraday trading volume of 195.70K shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 23.79%, 4.45%, and -7.67% respectively.
Institutional ownership of Mesa Air Group Inc (NASDAQ: MESA) shares accounts for 10.63% of the company’s 41.31M shares outstanding.
It has a market capitalization of $45.45M and a beta (3y monthly) value of 2.91. The earnings-per-share (ttm) stands at -$2.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 15.95% over the week and 9.07% over the month.
Analysts forecast that Mesa Air Group Inc (MESA) will achieve an EPS of 0 for the current quarter, 0 for the next quarter and 0 for current fiscal year. The lowest estimate earnings-per-share for the quarter is 0 while analysts give the company a high EPS estimate of 0.
BofA Securities coverage for the Mesa Air Group Inc (MESA) stock in a research note released on January 07, 2022 offered a Neutral rating with a price target of $8. Deutsche Bank was of a view on December 10, 2021 that the stock is Hold, while Deutsche Bank gave the stock Buy rating on May 11, 2021, issuing a price target of $15. Deutsche Bank on their part issued Hold rating on March 04, 2021.
