A new trading day began on Monday, with Molecular Templates Inc (NASDAQ: MTEM) stock price up 19.77% from the previous day of trading, before settling in for the closing price of $0.34. MTEM’s price has ranged from $0.29 to $5.37 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 59.75%. With a float of $5.44 million, this company’s outstanding shares have now reached $6.58 million.
Considering the fact that the conglomerate employs 62 people, you should pay attention to its efficiency factor. 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) Breakdown of a Key Holders of the stock
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 41.02%. 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) Recent Fiscal highlights
In its latest quarterly report, released on 6/30/2024, the company reported earnings of -0.97 per share, which was $0.1 higher than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.0 per share during the current fiscal year.
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)
Compared to the last year’s volume of 2.9 million, its volume of 5.54 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 6.45%. Additionally, its Average True Range was 0.12.
During the past 100 days, Molecular Templates Inc’s (MTEM) raw stochastic average was set at 8.23%, which indicates a significant decrease from 10.06% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 317.42% in the past 14 days, which was higher than the 307.75% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.8229, while its 200-day Moving Average is $1.5720. Nevertheless, the first resistance level for the watch stands at $0.4502 in the near term. At $0.4988, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.5576. If the price goes on to break the first support level at $0.3428, it is likely to go to the next support level at $0.2840. Now, if the price goes above the second support level, the third support stands at $0.2354.
Molecular Templates Inc (NASDAQ: MTEM) Key Stats
With a market capitalization of 2.34 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.
