Milestone Pharmaceuticals Inc (NASDAQ: MIST) is 7.59% higher 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 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 $2.56 in the last trading session, with the day’s loss setting it -1.0%.
Currently trading at $1.56, the stock is -18.00% and -3.75% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 21.17 million and changing -39.06% at the moment leaves the stock -7.59% off its SMA200. MIST registered -33.90% loss for a year compared to 6-month loss of -29.73%. The firm has a 50-day simple moving average (SMA 50) of $1.6208 and a 200-day simple moving average (SMA200) of $1.688175.
The stock witnessed a -10.86% gain in the last 1 month and extending the period to 3 months gives it a 115.68%, and is -19.59% 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 15.52% over the week and 7.77% over the month.
Milestone Pharmaceuticals Inc (MIST) has around 33 employees, a market worth around $83.40M and $0.00M in sales. Distance from 52-week low is 149.44% and -43.27% 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 -20.52% 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 53.46M, and float is at 52.90M with Short Float at 3.72%. 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.
