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Milestone Pharmaceuticals Inc (MIST) Stock Could Soon Reward Patient Investors

Milestone Pharmaceuticals Inc (NASDAQ: MIST) is 2.12% higher 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 continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The MIST stock was last observed hovering at around $2.17 in the last trading session, with the day’s gains setting it 0.24%.

Currently trading at $2.41, the stock is 25.29% and 19.07% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.93 million and changing 11.06% at the moment leaves the stock 43.65% off its SMA200. MIST registered 66.21% gain for a year compared to 6-month gain of 63.95%. The firm has a 50-day simple moving average (SMA 50) of $2.024 and a 200-day simple moving average (SMA200) of $1.67769.

The stock witnessed a 5.24% loss in the last 1 month and extending the period to 3 months gives it a 28.19%, and is 29.57% up 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 9.40% over the week and 9.53% over the month.

Milestone Pharmaceuticals Inc (MIST) has around 33 employees, a market worth around $128.58M and $0.00M in sales. Distance from 52-week low is 115.18% and -12.36% from its 52-week high. The company has generated returns on investments over the last 12 months (-61.63%).

The EPS is expected to shrink by -80.60% this year, but quarterly earnings will post 0.00% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.

Milestone Pharmaceuticals Inc (MIST) Top Institutional Holders

51.0 institutions hold shares in Milestone Pharmaceuticals Inc (MIST), with institutional investors hold 46.57% of the company’s shares. The shares outstanding are 53.35M, and float is at 50.76M with Short Float at 1.46%. Institutions hold 46.26% 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 4.9211 of the shares outstanding. The other top investors are MILLENNIUM MANAGEMENT LLC which holds 2.75 million shares representing 4.1561% and valued at over $3.66 million, while ALTA FUNDAMENTAL ADVISERS LLC holds 4.0181 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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