Milestone Pharmaceuticals Inc (NASDAQ: MIST) is -62.71% 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 $2.25 in the last trading session, with the day’s loss setting it -1.37%.
Currently trading at $0.88, the stock is -54.30% and -55.79% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 33.29 million and changing -60.89% at the moment leaves the stock -48.13% off its SMA200. MIST registered -51.38% loss for a year compared to 6-month gain of -41.72%. The firm has a 50-day simple moving average (SMA 50) of $1.9906 and a 200-day simple moving average (SMA200) of $1.69664.
The stock witnessed a -49.43% loss in the last 1 month and extending the period to 3 months gives it a -52.43%, and is -53.68% 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 25.86% over the week and 15.12% over the month.
Milestone Pharmaceuticals Inc (MIST) has around 33 employees, a market worth around $46.95M and $0.00M in sales. Distance from 52-week low is -21.43% and -68.00% 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 -50.75% 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
53.0 institutions hold shares in Milestone Pharmaceuticals Inc (MIST), with institutional investors hold 47.00% of the company’s shares. The shares outstanding are 53.35M, and float is at 50.79M with Short Float at 1.73%. Institutions hold 46.69% 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 7.5135% 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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