In terms of market performance, Mustang Bio Inc had a fairly uneven. The highest value for the stock in the past year was $1.53 on 01/12/24, and the lowest value was recorded at $0.13 on 06/10/24.
52-week price history of MBIO Stock
A stock’s 52-week high and low prices can reveal much about its current status and future trajectory. Mustang Bio Inc’s current trading price is -83.23% away from its 52-week high, while its distance from the 52-week low is 100.31%. The stock’s price range during this period has spanned from $0.13 to $1.53. In the Healthcare sector, the Mustang Bio Inc’s shares surpassed a trading volume of approximately 19.06 million for the day, which was noticeably higher compared to the average daily volume of 9.8.15 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Mustang Bio Inc (MBIO) has experienced a quarterly rise of 18.80% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 12.73M and boasts a workforce of 80 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 0.2394, with a change in price of -0.1126. Similarly, Mustang Bio Inc recorded 5,548,294 in trading volume during the last 100 days, posting a change of -30.50%.
MBIO Stock Stochastic Average
Today, Mustang Bio Inc’s raw stochastic average for the past 50 days stands at 36.04%, indicating a rise from the raw stochastic average of the last 20 days, which was 36.04%. Moreover, the company’s Stochastic %K and %D values over the past 20 days were 28.04% and 24.85% respectively.
MBIO Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been split, with some feeling optimistic and others feeling pessimistic, as it’s been a mixed bag. This year’s metric has recorded a Price increase of 44.97%. However, over the past six months, we’ve seen a stronger performance of -39.02%. The price of MBIO fallen by 35.19% over the last 30 days. And in the last five days, it has surged by 22.83%.
