A new trading day began on Monday, with Molecular Templates Inc (NASDAQ: MTEM) stock price down -3.10% from the previous day of trading, before settling in for the closing price of $0.47. MTEM’s price has ranged from $0.29 to $5.45 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 59.75%. With a float of $5.44 million, this company’s outstanding shares have now reached $6.58 million.
The extent of productivity of a business whose workforce counts for 62 workers is very important to gauge. In terms of profitability, gross margin is 63.35%, operating margin of -33.69%, and the pretax margin is -28.78%.
Molecular Templates Inc (MTEM) Insider and Institutional Ownership
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Molecular Templates Inc is 17.39%, while institutional ownership is 40.94%. The most recent insider transaction that took place on Nov 14 ’24, was worth 845,833. In this transaction 10% Owner of this company sold 1,279,820 shares at a rate of $0.66, taking the stock ownership to the 0 shares. Before that another transaction happened on Apr 02 ’24, when Company’s 10% Owner bought 250,000 for $2.35, making the entire transaction worth $587,500. This insider now owns 1,279,820 shares in total.
Molecular Templates Inc (MTEM) Latest Financial update
For the long-term projections, market analysts anticipate that the company’s EPS will surge by 3.20% during the next five years compared to 34.83% growth over the previous five years of trading.
Molecular Templates Inc (NASDAQ: MTEM) Trading Performance Indicators
Here are Molecular Templates Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 1.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.09.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.70
Technical Analysis of Molecular Templates Inc (MTEM)
The latest stats from [Molecular Templates Inc, MTEM] show that its last 5-days average volume of 70.0 million was superior to 2.84 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 23.44%. Additionally, its Average True Range was 0.15.
During the past 100 days, Molecular Templates Inc’s (MTEM) raw stochastic average was set at 12.18%, which indicates a significant decrease from 16.37% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 301.48% in the past 14 days, which was lower than the 305.45% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.9069, while its 200-day Moving Average is $1.6505. Now, the first resistance to watch is $0.5710. This is followed by the second major resistance level at $0.6892. The third major resistance level sits at $0.7585. If the price goes on to break the first support level at $0.3835, it is likely to go to the next support level at $0.3142. The third support level lies at $0.1960 if the price breaches the second support level.
Molecular Templates Inc (NASDAQ: MTEM) Key Stats
With a market capitalization of 2.29 million, the company has a total of 6,584K Shares Outstanding. Currently, annual sales are 57,310 K while annual income is -8,120 K. The company’s previous quarter sales were 570 K while its latest quarter income was -8,100 K.
