Matinas BioPharma Holdings Inc. (AMEX:MTNB) went down by -7.81% from its latest closing price compared to the recent 1-year high of $2.22. The company’s stock price has collected -13.87% of loss in the last five trading sessions. Press Release reported on 03/01/21 that Matinas BioPharma to Present at the Barclays Global Healthcare Conference
Is It Worth Investing in Matinas BioPharma Holdings Inc. (AMEX :MTNB) Right Now?
Plus, the 36-month beta value for MTNB is at 2.82. Opinions of the stock are interesting as 5 analysts out of 5 who provided ratings for Matinas BioPharma Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $3.40. MTNB currently public float of 184.06M and currently shorts hold a 9.14% ratio of that float. Today, the average trading volume of MTNB was 6.48M shares.
MTNB’s Market Performance
MTNB stocks went down by -13.87% for the week, with a monthly jump of 22.92% and a quarterly performance of 10.28%, while its annual performance rate touched 9.26%. The volatility ratio for the week stands at 8.94% while the volatility levels for the past 30 days are set at 11.12% for Matinas BioPharma Holdings Inc.. The simple moving average for the period of the last 20 days is -11.58% for MTNB stocks with a simple moving average of 20.76% for the last 200 days.
Analysts’ Opinion of MTNB
Piper Sandler, on the other hand, stated in their research note that they expect to see MTNB reach a price target of $3. The rating they have provided for MTNB stocks is “Overweight” according to the report published on January 27th, 2020.
MTNB Trading at -14.40% from the 50-Day Moving Average
After a stumble in the market that brought MTNB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -46.85% of loss for the given period.
Volatility was left at 11.12%, however, over the last 30 days, the volatility rate increased by 8.94%, as shares surge +16.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.28% upper at present.
During the last 5 trading sessions, MTNB fell by -13.87%, which changed the moving average for the period of 200-days by +54.47% in comparison to the 20-day moving average, which settled at $1.3430. In addition, Matinas BioPharma Holdings Inc. saw -13.24% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at MTNB starting from STERN ADAM K, who purchase 20,000 shares at the price of $0.83 back on Aug 21. After this action, STERN ADAM K now owns 3,301,983 shares of Matinas BioPharma Holdings Inc., valued at $16,600 using the latest closing price.
Stock Fundamentals for MTNB
Current profitability levels for the company are sitting at:
- -21067.38 for the present operating margin
The net margin for Matinas BioPharma Holdings Inc. stands at -19343.35. The total capital return value is set at -70.32, while invested capital returns managed to touch -65.49. Equity return is now at value -38.20, with -32.30 for asset returns.
Based on Matinas BioPharma Holdings Inc. (MTNB), the company’s capital structure generated 12.79 points at debt to equity in total, while total debt to capital is 11.34. Total debt to assets is 10.51, with long-term debt to equity ratio resting at 12.90. Finally, the long-term debt to capital ratio is 10.06.
When we switch over and look at the enterprise to sales, we see a ratio of 3,449.23, with the company’s debt to enterprise value settled at 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 9.66.