After A Decline Of -773.68% From The High, Can Mustang Bio Inc (NASDAQ: MBIO) Recover Quickly?

Mustang Bio Inc (NASDAQ:MBIO)’s traded shares stood at 0.54 million during the last session, with the company’s beta value hitting 1.77. At the close of trading, the stock’s price was $0.19, to imply an increase of 1.80% or $0.0 in intraday trading. The MBIO share’s 52-week high remains $1.66, putting it -773.68% down since that peak but still an impressive 31.58% since price per share fell to its 52-week low of $0.13. The company has a valuation of $9.19M, with an average of 0.58 million shares in intraday trading volume over the past 10 days and average of 1.84 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Mustang Bio Inc (MBIO), translating to a mean rating of 1.00. Of 2 analyst(s) looking at the stock, 0 analyst(s) give MBIO a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 2 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.16.

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Mustang Bio Inc (NASDAQ:MBIO) trade information

After registering a 1.80% upside in the last session, Mustang Bio Inc (MBIO) has traded red over the past five days. The 5-day price performance for the stock is -3.56%, and -19.83% over 30 days. With these gigs, the year-to-date price performance is -85.75%. Short interest in Mustang Bio Inc (NASDAQ:MBIO) saw shorts transact 0.42 million shares and set a 0.1 days time to cover.

Mustang Bio Inc (MBIO) estimates and forecasts

Looking at statistics comparing Mustang Bio Inc share performance against respective industry, we note that the company has outperformed competitors. Mustang Bio Inc (MBIO) shares are 29.56% up over the last 6 months, with its year-to-date growth rate higher than industry average at 86.50% against 17.50%.

MBIO Dividends

Mustang Bio Inc has its next earnings report out in January. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Mustang Bio Inc (NASDAQ:MBIO)’s Major holders

Mustang Bio Inc insiders hold 5.87% of total outstanding shares, with institutional holders owning 5.95% of the shares at 6.32% float percentage. In total, 5.95% institutions holds shares in the company.