Milestone Pharmaceuticals Inc (NASDAQ: MIST) is -16.10% lower on its value in year-to-date trading and has touched a low of $1.12 and a high of $2.75 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The MIST stock was last observed hovering at around $1.96 in the last trading session, with the day’s gains setting it 0.02%.
Currently trading at $1.98, the stock is -2.35% and 3.21% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.21 million and changing 1.02% at the moment leaves the stock 22.42% off its SMA200. MIST registered 32.00% gain for a year compared to 6-month gain of 27.74%. The firm has a 50-day simple moving average (SMA 50) of $1.9184 and a 200-day simple moving average (SMA200) of $1.617365.
The stock witnessed a 10.61% loss in the last 1 month and extending the period to 3 months gives it a 35.62%, and is -4.81% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.91% over the week and 8.37% over the month.
Milestone Pharmaceuticals Inc (MIST) has around 47 employees, a market worth around $105.59M and $0.00M in sales. Distance from 52-week low is 76.79% and -28.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-55.22%).
The EPS is expected to grow by 54.82% this year, but quarterly earnings will post -100.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.
Milestone Pharmaceuticals Inc (MIST) Top Institutional Holders
46.0 institutions hold shares in Milestone Pharmaceuticals Inc (MIST), with institutional investors hold 57.41% of the company’s shares. The shares outstanding are 53.33M, and float is at 50.59M with Short Float at 1.01%. Institutions hold 57.01% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.97 million shares valued at $6.56 million. The investor’s holdings represent 9.9119% of the MIST Shares outstanding. As of 2024-06-30, the second largest holder is RTW INVESTMENTS, LP with 3.26 million shares valued at $4.3 million to account for 6.4921 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.75 million shares representing 5.4829% and valued at over $3.66 million, while ALTA FUNDAMENTAL ADVISERS LLC holds 5.3007 of the shares totaling 2.66 million with a market value of $3.51 million.
Milestone Pharmaceuticals Inc (MIST) Insider Activity
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