Milestone Pharmaceuticals Inc (NASDAQ: MIST) is -3.87% lower on its value in year-to-date trading and has touched a low of $0.63 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 $1.58 in the last trading session, with the day’s loss setting it -0.09%.
Currently trading at $1.49, the stock is -19.70% and -9.63% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.74 million and changing -5.70% at the moment leaves the stock -11.77% off its SMA200. MIST registered -36.86% loss for a year compared to 6-month loss of -23.98%. The firm has a 50-day simple moving average (SMA 50) of $1.6448 and a 200-day simple moving average (SMA200) of $1.68885.
The stock witnessed a -13.37% gain in the last 1 month and extending the period to 3 months gives it a 67.62%, and is 7.97% 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 9.77% over the week and 9.40% over the month.
Milestone Pharmaceuticals Inc (MIST) has around 33 employees, a market worth around $126.60M and $0.00M in sales. Distance from 52-week low is 138.25% and -45.82% from its 52-week high. The company has generated returns on investments over the last 12 months (-106.14%).
The EPS is expected to shrink by -19.78% this year.
Milestone Pharmaceuticals Inc (MIST) Top Institutional Holders
49.0 institutions hold shares in Milestone Pharmaceuticals Inc (MIST), with institutional investors hold 23.35% of the company’s shares. The shares outstanding are 84.96M, and float is at 83.48M with Short Float at 2.36%. Institutions hold 22.25% 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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