Matinas Biopharma Holdings Inc (MTNB) Shares Have Declined -24.10% Year To Date

Matinas Biopharma Holdings Inc (AMEX:MTNB) has a beta value of 1.68 and has seen 0.6 million shares traded in the recent trading session. The MTNB stock price is -456.25% off its 52-week high price of $0.89 and 25.0% above the 52-week low of $0.12. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.66 million shares traded. The 3-month trading volume is 819.74K shares.

Matinas Biopharma Holdings Inc (AMEX:MTNB) trade information

Sporting 5.87% in the green today, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the MTNB stock price touched $0.16 or saw a rise of 4.59%. Year-to-date, Matinas Biopharma Holdings Inc shares have moved -24.10%, while the 5-day performance has seen it change 6.84%. Over the past 30 days, the shares of Matinas Biopharma Holdings Inc (AMEX:MTNB) have changed -12.01%. Short interest in the company has seen 1.37 million shares shorted with days to cover at 1.6.

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Matinas Biopharma Holdings Inc (MTNB) estimates and forecasts

The company’s shares have lost -21.03% 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 2024-Aug-14 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 2.53% of the company shares, while shares held by institutions stand at 15.68% with a share float percentage of 16.09%. Investors are also buoyed by the number of investors in a company, with Matinas Biopharma Holdings Inc having a total of 51.0 institutions that hold shares in the company. The top two institutional holders are VANGUARD GROUP INC with over 9.32 million shares worth more than $2.53 million. As of 2024-03-31, VANGUARD GROUP INC held 4.2887% of shares outstanding.

The other major institutional holder is SARGENT INVESTMENT GROUP, LLC, with the holding of over 3.61 million shares as of 2024-03-31. The firm’s total holdings are worth over $0.98 million and represent 1.6618% of shares outstanding.