Mustang Bio Inc (NASDAQ: MBIO) is -87.95% lower on its value in year-to-date trading and has touched a low of $0.89 and a high of $24.00 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 $2.68 in the last trading session, with the day’s loss setting it -0.03%.
Currently trading at $2.65, the stock is 66.90% and 94.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.42 million and changing -1.12% at the moment leaves the stock -51.67% off its SMA200. MBIO registered -70.06% loss for a year compared to 6-month loss of -75.91%. The firm has a 50-day simple moving average (SMA 50) of $1.3593 and a 200-day simple moving average (SMA200) of $5.483185.
The stock witnessed a 108.66% gain in the last 1 month and extending the period to 3 months gives it a 94.85%, and is 122.69% 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 43.23% over the week and 22.26% over the month.
Mustang Bio Inc (MBIO) has around 6 employees, a market worth around $11.60M and $0.00M in sales. Distance from 52-week low is 196.89% and -88.96% from its 52-week high. The company has generated returns on investments over the last 12 months (-296.87%).
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Mustang Bio Inc (MBIO) Top Institutional Holders
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 0.03%. 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.
