Molecular Templates Inc saw a rather unpredictable run in, in terms of market performance. The company’s stock reached its highest point at $4.12 on 03/04/24, while the lowest price for the same duration was marked at $0.29 on 10/14/24.
52-week price history of MTEM Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Molecular Templates Inc’s current trading price is -91.50% away from its 52-week high, while its distance from the 52-week low is 18.64%. The stock’s price range during the 52-week period has remained between $0.29 and $4.12. In the Healthcare sector, the company’s shares saw a trading volume of around 2.13 million for the day, which was evidently lower than the average daily volume of 14.51 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Molecular Templates Inc (MTEM) has experienced a quarterly decline of -74.07% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 2.30M and boasts a workforce of 62 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9499, with a change in price of -1.2300. Similarly, Molecular Templates Inc recorded 9,333,278 in trading volume during the last 100 days, posting a change of -77.85%.
Examining MTEM’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for MTEM stands at 1.55. Similarly, the long-term debt-to-equity ratio is also 1.18.
MTEM Stock Stochastic Average
Molecular Templates Inc’s raw stochastic average for the past 50 days is presently 4.64%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 4.38%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 5.55% and 7.82%, respectively.
MTEM Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook. Year to date metric has recorded a loss of -90.62%.However, over the last six months, we can see a stronger performance of -67.89%. Over the last 30 days, the price of MTEM has leaped by -13.30%. And in the last five days, it has fallen by -13.37%.
