Mangoceuticals Inc (NASDAQ: MGRX) started the day on Wednesday, with a price decrease of -15.70% at $0.22, before settling in for the price of $0.26 at the close. Taking a more long-term approach, MGRX posted a 52-week range of $0.14-$1.25.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 4041.58%. This publicly-traded company’s shares outstanding now amounts to $21.42 million, simultaneously with a float of $16.83 million. The organization now has a market capitalization sitting at $6.45 million. At the time of writing, stock’s 50-day Moving Average stood at $0.3431, while the 200-day Moving Average is $0.3376.
Mangoceuticals Inc (MGRX) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Health Information Services Industry. Mangoceuticals Inc’s current insider ownership accounts for 43.72%, in contrast to 1.62% institutional ownership. According to the most recent insider trade that took place on Jun 26 ’24, this organization’s Director sold 108,426 shares at the rate of 0.32, making the entire transaction reach 34,696 in total value, affecting insider ownership by 50,000. Preceding that transaction, on Jun 25 ’24, Company’s Director sold 16,574 for 0.31, making the whole transaction’s value amount to 5,138. This particular insider is now the holder of 158,426 in total.
Mangoceuticals Inc (NASDAQ: MGRX) Trading Performance Indicators
Let’s observe the current performance indicators for Mangoceuticals Inc (MGRX). It’s Quick Ratio in the last reported quarter now stands at 0.37. 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 7.42.
In the same vein, MGRX’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -0.43.
Technical Analysis of Mangoceuticals Inc (MGRX)
If we take a close look at the recent performances of Mangoceuticals Inc (NASDAQ: MGRX), its last 5-days Average volume was 0.33 million that shows plunge from its year to date volume of 2.65 million. During the previous 9 days, stock’s Stochastic %D was recorded 19.10% While, its Average True Range was 0.0366.
Raw Stochastic average of Mangoceuticals Inc (MGRX) in the period of the previous 100 days is set at 1.58%, which indicates a major rise in contrast to 1.09% 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 98.72% that was lower than 159.54% volatility it exhibited in the past 100-days period.
