As on Wednesday, Mustang Bio Inc (NASDAQ: MBIO) started slowly as it slid -23.14% to $0.52, before settling in for the price of $0.68 at the close. Taking a more long-term approach, MBIO posted a 52-week range of $0.65-$8.17.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth was 0.00%. Meanwhile, its Annual Earning per share during the time was 18.87%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 43.17%. This publicly-traded company’s shares outstanding now amounts to $8.37 million, simultaneously with a float of $7.65 million. The organization now has a market capitalization sitting at $5.40 million. At the time of writing, stock’s 50-day Moving Average stood at $1.1574, while the 200-day Moving Average is $2.2983.
Mustang Bio Inc (MBIO) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Mustang Bio Inc’s current insider ownership accounts for 26.38%, in contrast to 10.40% institutional ownership.
Mustang Bio Inc (MBIO) Earnings and Revenue Records
If we go through the results of last quarter, which was made public on 12/30/2023, the company posted -$0.86 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -$1.33) by $0.47. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.88 per share during the current fiscal year.
Mustang Bio Inc’s EPS increase for this current 12-month fiscal period is 43.17% and is forecasted to reach -3.92 in the upcoming year.
Mustang Bio Inc (NASDAQ: MBIO) Trading Performance Indicators
Let’s observe the current performance indicators for Mustang Bio Inc (MBIO). It’s Quick Ratio in the last reported quarter now stands at 0.74. The Stock has managed to achieve an average true range (ATR) of 0.13.
In the same vein, MBIO’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -6.23, a figure that is expected to reach -0.87 in the next quarter, and analysts are predicting that it will be -3.92 at the market close of one year from today.
Technical Analysis of Mustang Bio Inc (MBIO)
Through scrutinizing the latest numbers posted by the [Mustang Bio Inc, MBIO], it can be observed that its last 5-days Average volume of 0.36 million was better the volume of 0.16 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 5.95% While, its Average True Range was 0.1299.
Raw Stochastic average of Mustang Bio Inc (MBIO) in the period of the previous 100 days is set at 0.79%, which indicates a major fall in contrast to 1.16% 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 137.44% that was higher than 84.02% volatility it exhibited in the past 100-days period.
