At the time of writing, Mustang Bio Inc [MBIO] stock is trading at $1.39, up 5.30%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MBIO shares have gain 2.96% over the last week, with a monthly amount glided 3.73%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Mustang Bio Inc [NASDAQ: MBIO] stock has seen the most recent analyst activity on May 18, 2021, when BTIG Research initiated its Buy rating and assigned the stock a price target of $11. Previously, B. Riley FBR started tracking the stock with Buy rating on October 02, 2020, and set its price target to $9. On November 20, 2019, Cantor Fitzgerald initiated with a Overweight rating and assigned a price target of $7 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $7 on August 13, 2019. Cantor Fitzgerald initiated its recommendation with a Overweight and recommended $7 as its price target on June 21, 2019. Oppenheimer started tracking with a Outperform rating for this stock on December 21, 2017, and assigned it a price target of $18.
For the past year, the stock price of Mustang Bio Inc fluctuated between $1.21 and $8.17. Mustang Bio Inc [NASDAQ: MBIO] shares were valued at $1.39 at the most recent close of the market.
Analyzing the MBIO fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -3.18, Equity is -2.79 and Total Capital is -9.37. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.64.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 1.3033 points at the first support level, and at 1.2167 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.4833, and for the 2nd resistance point, it is at 1.5767.
Ratios To Look Out For
It is important to note that Mustang Bio Inc [NASDAQ:MBIO] has a current ratio of 0.96. Also, the Quick Ratio is 0.96, while the Cash Ratio stands at 0.67.
