With 78860.0 shares changed hands, the volume of the stock remained lighter than its average volume of 0.31 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $54.6 whereas the lowest price it dropped to was $52.37. The 52-week range on MLTX shows that it touched its highest point at $64.98 and its lowest point at $37.55 during that stretch. It currently has a 1-year price target of $74.08. Beta for the stock currently stands at 1.29.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of MLTX was up-trending over the past week, with a rise of 8.87%, but this was up by 12.55% over a month. Three-month performance surged to 14.24% while six-month performance rose 32.16%. The stock gained 27.59% in the past year, while it has lost -10.18% so far this year. A look at the trailing 12-month EPS for MLTX yields -1.29 with Next year EPS estimates of -2.63. For the next quarter, that number is -0.60. This implies an EPS growth rate of -140.80% for this year and -49.88% for next year.
Float and Shares Shorts:
At present, 60.47 million MLTX shares are outstanding with a float of 52.81 million shares on hand for trading. On 2024-11-15, short shares totaled 8.0 million, which was 1269.0000000000002 higher than short shares on 1728950400. In addition to Dr. Jorge Santos da Silva as the firm’s Co-Founder, CEO & Director, Dr. Kristian Reich serves as its Co-Founder & Chief Scientific Officer.
Institutional Ownership:
Through their ownership of 0.98144996 of MLTX’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, MLTX reported revenue of $0.0 and operating income of -$43112009.0. The EBITDA in the recently reported quarter was -$43052748.0 and diluted EPS was -$0.56.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for MLTX since 6 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With MLTX analysts setting a high price target of 104.0 and a low target of 55.0, the average target price over the next 12 months is 73.92308. Based on these targets, MLTX could surge 91.74% to reach the target high and rise by 1.4% to reach the target low. Reaching the average price target will result in a growth of 36.29% from current levels.
Analysts have provided yearly estimates in a range of -$1.38406 being high and -$1.94981 being low. For MLTX, this leads to a yearly average estimate of -$1.75786. The surprise factor in the prior quarter was -$0.28. Based on analyst estimates, the high estimate for the next quarter is -$0.54 and the low estimate is -$0.69. The average estimate for the next quarter is thus -$0.62.
