Mustang Bio Inc (NASDAQ: MBIO) is -94.76% lower on its value in year-to-date trading and has touched a low of $0.89 and a high of $31.00 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 MBIO stock was last observed hovering at around $2.05 in the last trading session, with the day’s gains setting it 883097.95%.
Currently trading at $883100.0, the stock is 4.44% and 3.86% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.8 million and changing -39.51% at the moment leaves the stock -78.55% off its SMA200. MBIO registered -85.99% loss for a year compared to 6-month loss of -86.51%. The firm has a 50-day simple moving average (SMA 50) of $1.19388 and a 200-day simple moving average (SMA200) of $5.779535.
The stock witnessed a -5.34% gain in the last 1 month and extending the period to 3 months gives it a -4.11%, and is 20.39% 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 33.70% over the week and 12.59% over the month.
Mustang Bio Inc (MBIO) has around 6 employees, a market worth around $5.43M and $0.00M in sales. Distance from 52-week low is 38.92% and -96.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-296.87%).
21.0 institutions hold shares in Mustang Bio Inc (MBIO), with institutional investors hold 7.73% of the company’s shares. The shares outstanding are 4.38M, and float is at 3.15M with Short Float at 0.12%. Institutions hold 6.88% of the Float.
The top institutional shareholder in the company is UBS GROUP AG with over 0.19 million shares valued at $91561.0. The investor’s holdings represent 0.0445 of the MBIO Shares outstanding. As of 2024-06-30, the second largest holder is KOSS-OLINGER CONSULTING, LLC with 98366.0 shares valued at $47000.0 to account for 0.0226 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 87216.0 shares representing 0.0201 and valued at over $41253.0, while VANGUARD GROUP INC holds 0.0173 of the shares totaling 75394.0 with a market value of $35661.0.
