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

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$3.52 -0.46 (-11.56 %)
(As of 03/22/2019 04:00 PM ET)
Previous Close$3.98
Today's Range$3.48 - $3.92
52-Week Range$2.18 - $11.65
Volume60,700 shs
Average Volume56,482 shs
Market Capitalization$99.68 million
P/E Ratio-3.09
Dividend YieldN/A
Beta2.42
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

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:MBIO
CUSIPN/A
Phone781-652-4500

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$2.27 per share

Profitability

Net Income$-31,280,000.00

Miscellaneous

EmployeesN/A
Market Cap$99.68 million
Next Earnings Date5/13/2019 (Estimated)
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 Monday, March, 18th. The company reported ($0.44) earnings per share for the quarter, missing the Zacks' consensus estimate of ($0.27) by $0.17. 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 Monday, May 13th 2019. View Earnings Estimates for Mustang Bio.

What price target have analysts set for MBIO?

1 brokerages have issued 12-month price objectives for Mustang Bio's stock. 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 411.4% from the stock's current price. View Analyst Price Targets for Mustang Bio.

What is the consensus analysts' recommendation for Mustang Bio?

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mustang Bio in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Mustang Bio.

Has Mustang Bio been receiving favorable news coverage?

News coverage about MBIO stock has been trending somewhat positive on Saturday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores nearest to five being the most favorable. Mustang Bio earned a media sentiment score of 0.9 on InfoTrie's scale. They also gave news coverage about the company a news buzz of 2.0 out of 10, meaning that recent news coverage is very unlikely to have an impact on the stock's share price in the near term.

Who are some of Mustang Bio's key competitors?

What other stocks do shareholders of Mustang Bio own?

Who are Mustang Bio's key executives?

Mustang Bio's management team includes the folowing people:
  • Mr. Michael S. Weiss, Exec. Chairman (Age 53)
  • Dr. Manuel Litchman, Pres, CEO & Director (Age 65)
  • Mr. David Jay Horin CPA, Interim Chief Financial Officer (Age 51)
  • Mr. Brian K. Achenbach, VP of Fin. & Corp. Controller (Age 54)
  • Dr. Knut Niss, Chief Technology Officer

Who are Mustang Bio's major shareholders?

Mustang Bio's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (3.03%), Geode Capital Management LLC (0.62%), Geode Capital Management LLC (0.62%), National Asset Management Inc. (0.30%), Bank of New York Mellon Corp (0.20%) and Fenimore Asset Management Inc. (0.14%). View Institutional Ownership Trends for Mustang Bio.

Which major investors are buying Mustang Bio stock?

MBIO stock was acquired by a variety of institutional investors in the last quarter, including Fenimore Asset Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, National Asset Management Inc., Geode Capital Management LLC, Geode Capital Management LLC, Rhumbline Advisers and 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 $3.52.

How big of a company is Mustang Bio?

Mustang Bio has a market capitalization of $99.68 million. The company earns $-31,280,000.00 in net income (profit) each year or ($1.14) on an earnings per share basis.

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:  85 (Vote Outperform)
Underperform Votes:  109 (Vote Underperform)
Total Votes:  194
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 3/23/2019 by MarketBeat.com Staff

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