With 0.75 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.43 million shares. The 52-week range on MLTX shows that it touched its highest point at $58.26 and its lowest point at $31.42 during that stretch. It currently has a 1-year price target of $80.21. Beta for the stock currently stands at 1.30.
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 down-trending over the past week, with a drop of -4.10%, but this was up by 21.03% over a month. Three-month performance dropped to -15.64% while six-month performance fell -14.35%. The stock lost -10.74% in the past year, while it has lost -26.61% so far this year. A look at the trailing 12-month EPS for MLTX yields -1.89 with Next year EPS estimates of -3.81. For the next quarter, that number is -0.75. This implies an EPS growth rate of -60.96% for this year and -25.15% for next year. EPS is expected to decline by -27.11% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -319.65%.
Float and Shares Shorts:
At present, 63.08 million MLTX shares are outstanding with a float of 52.94 million shares on hand for trading.
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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$1.60875 being high and -$1.9166 being low. For MLTX, this leads to a yearly average estimate of -$1.7875.
