NASDAQ:MBIO - Mustang Bio Stock Price, News, & Analysis

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$2.63 -0.18 (-6.41 %)
(As of 12/19/2018 08:22 AM ET)
Previous Close$2.81
Today's Range$2.59 - $3.0618
52-Week Range$2.37 - $12.89
Volume115,496 shs
Average Volume56,510 shs
Market Capitalization$76.61 million
P/E Ratio-3.51
Dividend YieldN/A
Beta1.71
Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on the acquisition, development, and commercialization of novel cancer immunotherapy products based on the chimeric antigen receptor engineered T (CAR T) cell technology. The company's CAR T product candidates include MB-101, a IL13Ra2 CAR T cell program which is in Phase I clinical study for glioblastoma; and MB-102, a CD123 CAR T cell program to treat acute myeloid leukemia and blastic plasmacytoid dendritic cell neoplasm; and MB-106, a CD20 CAR T cell program that is in Phase I clinical study for the treatment of B cell non-Hodgkin lymphoma. It also develops MB-104, a CS1 CAR T, which is in Preclinical study for multiple myeloma and light chain amyloidosisy; MB-103, a human epidermal growth factor receptor 2 CAR T that is in Preclinical study to treat glioblastoma multiforme and metastatic breast cancer to brain; and MB-105, a prostate stem-cell antigen CAR T for prostate and pancreatic cancers. The company has a partnership agreement with the City of Hope National Medical Center and Fred Hutchinson Cancer Research Center to develop proprietary CAR T therapies across various cancers. It also holds a license agreement with Harvard University; and a research collaboration agreement with Beth Israel Deaconess Medical Center for the development of CRISPR/Cas9-enhanced CAR T therapies for the treatment of cancer. The company was incorporated in 2015 and is based in New York, New York. Mustang Bio, Inc. is a subsidiary of Fortress Biotech, Inc.

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Industry, Sector and Symbol

Stock Exchange NASDAQ
Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MBIO
Previous Symbol
CUSIPN/A
Phone781-652-4500

Debt

Debt-to-Equity RatioN/A
Current Ratio10.33
Quick Ratio10.33

Price-To-Earnings

Trailing P/E Ratio-3.51
Forward P/E Ratio-2.68
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / Cash FlowN/A
Book Value$2.27 per share
Price / Book1.16

Profitability

EPS (Most Recent Fiscal Year)($0.75)
Net Income$-31,280,000.00
Net MarginsN/A
Return on Equity-46.09%
Return on Assets-42.54%

Miscellaneous

Employees6
Outstanding Shares27,260,000
Market Cap$76.61 million
OptionableOptionable

Mustang Bio (NASDAQ:MBIO) Frequently Asked Questions

What is Mustang Bio's stock symbol?

Mustang Bio trades on the NASDAQ under the ticker symbol "MBIO."

How were Mustang Bio's earnings last quarter?

Mustang Bio Inc (NASDAQ:MBIO) announced its quarterly earnings data on Tuesday, November, 13th. The company reported ($0.28) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.20) by $0.08. View Mustang Bio's Earnings History.

When is Mustang Bio's next earnings date?

Mustang Bio is scheduled to release their next quarterly earnings announcement on Thursday, April 4th 2019. View Earnings Estimates for Mustang Bio.

What price target have analysts set for MBIO?

2 brokers have issued twelve-month price targets for Mustang Bio's shares. Their predictions range from $18.00 to $18.00. On average, they expect Mustang Bio's stock price to reach $18.00 in the next year. This suggests a possible upside of 584.4% from the stock's current price. View Analyst Price Targets for Mustang Bio.

What is the consensus analysts' recommendation for Mustang Bio?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mustang Bio in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mustang Bio.

Has Mustang Bio been receiving favorable news coverage?

Headlines about MBIO stock have trended neutral this week, InfoTrie reports. The research group ranks the sentiment of press coverage by reviewing more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Mustang Bio earned a coverage optimism score of 0.4 on InfoTrie's scale. They also gave headlines about the company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an impact on the stock's share price in the next few days.

Who are some of Mustang Bio's key competitors?

Who are Mustang Bio's key executives?

Mustang Bio's management team includes the folowing people:
  • Mr. Michael S. Weiss, Exec. Chairman (Age 52)
  • Dr. Manuel Litchman, Pres, CEO & Director (Age 64)
  • Mr. David Jay Horin CPA, Interim Chief Financial Officer (Age 50)
  • Mr. Brian K. Achenbach, VP of Fin. & Corp. Controller (Age 53)
  • Dr. Knut Niss, Chief Technology Officer

Who are Mustang Bio's major shareholders?

Mustang Bio's stock is owned by a number of of institutional and retail investors. Top institutional investors include BlackRock Inc. (3.01%). View Institutional Ownership Trends for Mustang Bio.

Which institutional investors are buying Mustang Bio stock?

MBIO stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc.. View Insider Buying and Selling for Mustang Bio.

How do I buy shares of Mustang Bio?

Shares of MBIO can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Mustang Bio's stock price today?

One share of MBIO stock can currently be purchased for approximately $2.63.

How big of a company is Mustang Bio?

Mustang Bio has a market capitalization of $76.61 million. The company earns $-31,280,000.00 in net income (profit) each year or ($0.75) on an earnings per share basis. Mustang Bio employs 6 workers across the globe.

What is Mustang Bio's official website?

The official website for Mustang Bio is http://www.mustangbio.com.

How can I contact Mustang Bio?

Mustang Bio's mailing address is 2 GANSEVOORT STREET 9TH FLOOR, NEW YORK NY, 10014. The company can be reached via phone at 781-652-4500 or via email at [email protected]


MarketBeat Community Rating for Mustang Bio (NASDAQ MBIO)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  78 (Vote Outperform)
Underperform Votes:  97 (Vote Underperform)
Total Votes:  175
MarketBeat's community ratings are surveys of what our community members think about Mustang Bio and other stocks. Vote "Outperform" if you believe MBIO will outperform the S&P 500 over the long term. Vote "Underperform" if you believe MBIO will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 12/19/2018 by MarketBeat.com Staff

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