At the time of writing, Molecular Templates Inc [MTEM] stock is trading at $0.36, down -1.84%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The MTEM shares have gain 8.35% over the last week, with a monthly amount drifted -19.27%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Molecular Templates Inc [NASDAQ: MTEM] stock has seen the most recent analyst activity on April 21, 2021, when BofA Securities initiated its Buy rating and assigned the stock a price target of $12. Previously, UBS started tracking the stock with Neutral rating on February 01, 2021, and set its price target to $13. On September 08, 2020, Jefferies initiated with a Buy rating and assigned a price target of $21 on the stock. Stifel started tracking the stock assigning a Buy rating and suggested a price target of $19 on March 25, 2020. Barclays initiated its recommendation with a Overweight and recommended $22 as its price target on February 27, 2020. UBS started tracking with a Buy rating for this stock on April 29, 2019, and assigned it a price target of $12. In a note dated December 11, 2018, Oppenheimer initiated an Outperform rating and provided a target price of $15 on this stock.
For the past year, the stock price of Molecular Templates Inc fluctuated between $0.29 and $5.25. Molecular Templates Inc [NASDAQ: MTEM] shares were valued at $0.36 at the most recent close of the market.
Analyzing the MTEM fundamentals
According to Molecular Templates Inc [NASDAQ:MTEM], the company’s sales were 25.47M for trailing twelve months, which represents an -91.67% plunge. Gross Profit Margin for this corporation currently stands at 0.63% with Operating Profit Margin at -0.34%, Pretax Profit Margin comes in at -0.29%, and Net Profit Margin reading is -0.29%. To continue investigating profitability, this company’s Return on Assets is posted at -0.27, Equity is -1.22 and Total Capital is -0.45.
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 0.3535 points at the first support level, and at 0.3438 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3745, and for the 2nd resistance point, it is at 0.3858.
Ratios To Look Out For
It is important to note that Molecular Templates Inc [NASDAQ:MTEM] has a current ratio of 1.56. Also, the Quick Ratio is 1.56, while the Cash Ratio stands at 1.26. Considering the valuation of this stock, the price to sales ratio is 0.09, the price to book ratio is 0.34.
Transactions by insiders
Recent insider trading involved BIOTECH TARGET N V, 10% Owner, that happened on Nov 14 ’24 when 1.28 million shares were sold. 10% Owner, BIOTECH TARGET N V completed a deal on Apr 02 ’24 to buy 0.25 million shares.
