In terms of market performance, Molecular Templates Inc had a somewhat inconsistent run in. The highest value for the stock in the past year was $9.45 on 08/03/23, while the lowest value was $1.68 on 03/20/24.
52-week price history of MTEM Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Molecular Templates Inc’s current trading price is -81.06% away from its 52-week high, while its distance from the 52-week low is 6.55%. The stock’s price range during this period has fluctuated between $1.68 and $9.45. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.58 million for the day, which was evidently higher than the average daily volume of 26440.0 over the last three months.
Financial Performance and Market Capitalization
Molecular Templates Inc (MTEM) has experienced a quarterly decline of -48.12% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 9.61M and boasts a workforce of 62 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.6410, with a change in price of -3.8000. Similarly, Molecular Templates Inc recorded 35,462 in trading volume during the last 100 days, posting a change of -67.50%.
MTEM Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for MTEM stands at 2.90. Similarly, the long-term debt-to-equity ratio is also 2.31.
MTEM Stock Stochastic Average
The raw stochastic average for Molecular Templates Inc over the last 50 days is presently at 6.15%. This reflects a drop from the raw stochastic average of the previous 20 days, which was noted at 9.89%. Further, the company’s Stochastic %K and %D values for the last 20 days were 13.71% and 11.71%, respectively.
MTEM Stock Price Performance Analysis
The stock price performance for the year has been a mixed bag, indicating either a pessimistic or optimistic outlook depending on how you look at it. Year to date metric has recorded a loss of -52.01%.However, over the last six months, we can see a stronger performance of -73.52%. Over the last 30 days, the price of MTEM has leaped by -48.56%. And in the last five days, it has fallen by -5.79%.
