Matinas Biopharma Holdings Inc (AMEX: MTNB) started the day on Wednesday, with a price decrease of -1.83% at $0.21, before settling in for the price of $0.21 at the close. Taking a more long-term approach, MTNB posted a 52-week range of $0.11-$0.89.
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It was noted that the giant of the Healthcare sector posted annual sales growth of 1874.16% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 7.12%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -4.55%. This publicly-traded company’s shares outstanding now amounts to $250.82 million, simultaneously with a float of $243.50 million. The organization now has a market capitalization sitting at $52.42 million. At the time of writing, stock’s 50-day Moving Average stood at $0.2490, while the 200-day Moving Average is $0.2399.
Matinas Biopharma Holdings Inc (MTNB) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Matinas Biopharma Holdings Inc’s current insider ownership accounts for 2.92%, in contrast to 10.33% institutional ownership.
Matinas Biopharma Holdings Inc (MTNB) Earnings and Revenue Records
In the latest quarterly report released, which was put into the public domain on 12/30/2023, the organization reported -$0.02 earnings per share (EPS) for the three months, surpassing the consensus estimate (set at -$0.03) by $0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.03 per share during the current fiscal year.
Matinas Biopharma Holdings Inc’s EPS decrease for this current 12-month fiscal period is -4.55% and is forecasted to reach -0.10 in the upcoming year.
Matinas Biopharma Holdings Inc (AMEX: MTNB) Trading Performance Indicators
Let’s observe the current performance indicators for Matinas Biopharma Holdings Inc (MTNB). It’s Quick Ratio in the last reported quarter now stands at 5.93. The Stock has managed to achieve an average true range (ATR) of 0.04. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 47.66.
In the same vein, MTNB’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.11, a figure that is expected to reach -0.03 in the next quarter, and analysts are predicting that it will be -0.10 at the market close of one year from today.
Technical Analysis of Matinas Biopharma Holdings Inc (MTNB)
If we take a close look at the recent performances of Matinas Biopharma Holdings Inc (AMEX: MTNB), its last 5-days Average volume was 1.29 million that shows plunge from its year to date volume of 1.48 million. During the previous 9 days, stock’s Stochastic %D was recorded 4.72% While, its Average True Range was 0.0363.
Raw Stochastic average of Matinas Biopharma Holdings Inc (MTNB) in the period of the previous 100 days is set at 15.00%, which indicates a major rise in contrast to 2.90% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 230.39% that was higher than 118.86% volatility it exhibited in the past 100-days period.
