Matinas Biopharma Holdings Inc (AMEX:MTNB) has a beta value of 1.58 and has seen 1.24 million shares traded in the last trading session. The company, currently valued at $46.28M, closed the last trade at $0.21 per share which meant it lost -$0.01 on the day or -3.01% during that session. The MTNB stock price is -323.81% off its 52-week high price of $0.89 and 47.62% above the 52-week low of $0.11. If we look at the company’s 10-day average daily trading volume, we find that it stood at 5.23 million shares traded. The 3-month trading volume is 1.55 million shares.
Matinas Biopharma Holdings Inc (AMEX:MTNB) trade information
Sporting -3.01% in the red in last session, the stock has traded in the red over the last five days, when the MTNB stock price touched $0.21 or saw a rise of 43.21%. Year-to-date, Matinas Biopharma Holdings Inc shares have moved -1.57%, while the 5-day performance has seen it change -21.48%. Over the past 30 days, the shares of Matinas Biopharma Holdings Inc (AMEX:MTNB) have changed -18.12%. Short interest in the company has seen 1.32 million shares shorted with days to cover at 1.07.
Matinas Biopharma Holdings Inc (MTNB) estimates and forecasts
The company’s shares have gained 73.01% over the past 6 months.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 7.12% over the past 5 years.
MTNB Dividends
Matinas Biopharma Holdings Inc is expected to release its next earnings report between March 13 and March 18 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Matinas Biopharma Holdings Inc (AMEX:MTNB)’s Major holders
Insiders own 2.91% of the company shares, while shares held by institutions stand at 12.05% with a share float percentage of 12.41%. Investors are also buoyed by the number of investors in a company, with Matinas Biopharma Holdings Inc having a total of 55 institutions that hold shares in the company. The top two institutional holders are Vanguard Group Inc with over 8.72 million shares worth more than $3.14 million. As of Jun 29, 2023, Vanguard Group Inc held 4.01% of shares outstanding.
The other major institutional holder is Sargent Investment Group, LLC, with the holding of over 3.92 million shares as of Jun 29, 2023. The firm’s total holdings are worth over $1.41 million and represent 1.81% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund. As of Jun 29, 2023, the former fund manager holds about 2.77% shares in the company for having 6.02 million shares of worth $2.17 million while later fund manager owns 2.32 million shares of worth $0.84 million as of Jun 29, 2023, which makes it owner of about 1.07% of company’s outstanding stock.
