Does Mustang Bio Inc (NASDAQ:MBIO) warrant a purchase right now? What to Consider Before Making a Decision

The stock of Mustang Bio Inc (NASDAQ:MBIO) last traded at $2.66, down -20.36% from the previous session.

MBIO stock price is now 110.86% away from the 50-day moving average and -52.63% away from the 200-day moving average. The market capitalization of the company currently stands at $11.65M.

With the price target of $11, BTIG Research recently initiated with Buy rating for Mustang Bio Inc (NASDAQ: MBIO). On October 02, 2020, B. Riley FBR recently initiated its ‘Buy’ rating on the stock quoting a target price of $9, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’

A total of 28.11% of the company’s stock is owned by insiders.

During the past 12 months, Mustang Bio Inc has had a low of $0.89 and a high of $25.00. As of last week, the company has a debt-to-equity ratio of 0.00, a current ratio of 1.34, and a quick ratio of 1.34. The fifty day moving average price for MBIO is $1.2615 and a two-hundred day moving average price translates $5.615735 for the stock.

The latest earnings results from Mustang Bio Inc (NASDAQ: MBIO) was released for 2025-03-31. The company reported revenue of $0.25 million for the quarter, compared to $5.23 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -95.16 percent.

Related Posts

Fosters Research
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.