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NASDAQ:MBIOMustang Bio Stock Price, Forecast & News

$3.73
+0.16 (+4.48 %)
(As of 06/1/2020 04:00 PM ET)
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Today's Range
$3.52
Now: $3.73
$3.77
50-Day Range
$2.63
MA: $2.97
$3.73
52-Week Range
$1.78
Now: $3.73
$4.85
Volume486,600 shs
Average Volume328,094 shs
Market Capitalization$159.81 million
P/E RatioN/A
Dividend YieldN/A
Beta1.68
Mustang Bio, Inc., a clinical-stage biopharmaceutical company, focuses on translating medical breakthroughs in cell and gene therapies into potential cures for hematologic cancers, solid tumors, and rare genetic diseases. Its pipeline focuses on gene therapy programs for rare genetic disorders, chimeric antigen receptor (CAR) engineered T cell (CAR T) therapies for hematologic malignancies, and CAR T therapies for solid tumors. The company develop MB-107, a gene therapy program, potential curative treatment for X-linked severe combined immunodeficiency, a rare genetic immune system condition in which affected patients do not live beyond infancy without treatment. Its ex vivo lentiviral gene therapy is in two Phase I/II clinical trials. The company also develops CD123, a heterodimeric interleukin-3-receptor for acute myeloid leukemia; CD20 for immunotherapy of B-cell lymphomas; CS1, an NK cell receptor regulating immune functions; IL13Ra2 CAR T cell program for glioblastoma; HER2 CAR T for glioblastoma multiforme (GBM) and metastatic breast cancer to brain; and PSCA CAR T for prostate and pancreatic cancers. It has a license agreement with Harvard University for the treatment of cancer; Nationwide Children's Hospital for the development of an oncolytic virus for treating GBM; and Beth Israel Deaconess Medical Center to perform research relating to gene editing. The company was incorporated in 2015 and is headquartered in New York, New York. Mustang Bio, Inc. is a subsidiary of Fortress Biotech, Inc.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 3.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.78 out of 5 stars


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$1.25 per share

Profitability

Net Income$-46,390,000.00

Miscellaneous

Employees38
Market Cap$159.81 million
Next Earnings Date8/14/2020 (Estimated)
OptionableOptionable

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Mustang Bio (NASDAQ:MBIO) Frequently Asked Questions

How has Mustang Bio's stock been impacted by COVID-19 (Coronavirus)?

Mustang Bio's stock was trading at $2.35 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, MBIO stock has increased by 58.7% and is now trading at $3.73. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Mustang Bio?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Mustang Bio in the last year. There are currently 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Mustang Bio.

When is Mustang Bio's next earnings date?

Mustang Bio is scheduled to release its next quarterly earnings announcement on Friday, August 14th 2020. View our earnings forecast for Mustang Bio.

How were Mustang Bio's earnings last quarter?

Mustang Bio Inc (NASDAQ:MBIO) posted its quarterly earnings results on Monday, May, 11th. The company reported ($0.28) earnings per share for the quarter, topping the consensus estimate of ($0.31) by $0.03. View Mustang Bio's earnings history.

What price target have analysts set for MBIO?

3 equities research analysts have issued 1-year target prices for Mustang Bio's stock. Their forecasts range from $7.00 to $13.00. On average, they expect Mustang Bio's share price to reach $9.00 in the next twelve months. This suggests a possible upside of 141.3% from the stock's current price. View analysts' price targets for Mustang Bio.

Has Mustang Bio been receiving favorable news coverage?

News coverage about MBIO stock has been trending very positive this week, InfoTrie Sentiment reports. InfoTrie ranks the sentiment of press coverage by reviewing more than six thousand blog and news 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 3.5 on InfoTrie's scale. They also gave news stories about the company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the near term. View the latest news aboutMustang Bio.

Are investors shorting Mustang Bio?

Mustang Bio saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 303,300 shares, a decline of 19.0% from the April 30th total of 374,400 shares. Based on an average trading volume of 253,500 shares, the short-interest ratio is presently 1.2 days. Currently, 1.1% of the shares of the stock are short sold. View Mustang Bio's Current Options Chain.

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 following 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

What is Mustang Bio's stock symbol?

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

Who are Mustang Bio's major shareholders?

Mustang Bio's stock is owned by a number of institutional and retail investors. Top institutional investors include Geode Capital Management LLC (0.95%), Ikarian Capital LLC (0.83%), FNY Investment Advisers LLC (0.47%), National Asset Management Inc. (0.39%), Acadian Asset Management LLC (0.31%) and DAVENPORT & Co LLC (0.18%). Company insiders that own Mustang Bio stock include Lindsay A Md Rosenwald and Manuel Md Litchman. View institutional ownership trends for Mustang Bio.

Which institutional investors are selling Mustang Bio stock?

MBIO stock was sold by a variety of institutional investors in the last quarter, including Morgan Stanley, UBS Group AG, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Mustang Bio.

Which institutional investors are buying Mustang Bio stock?

MBIO stock was purchased by a variety of institutional investors in the last quarter, including Acadian Asset Management LLC, DAVENPORT & Co LLC, Squarepoint Ops LLC, FNY Investment Advisers LLC, Telemetry Investments L.L.C., Los Angeles Capital Management & Equity Research Inc., GSA Capital Partners LLP, and Ikarian Capital LLC. Company insiders that have bought Mustang Bio stock in the last two years include Lindsay A Md Rosenwald, and Manuel Md Litchman. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Mustang Bio's stock price today?

One share of MBIO stock can currently be purchased for approximately $3.73.

How big of a company is Mustang Bio?

Mustang Bio has a market capitalization of $159.81 million. The company earns $-46,390,000.00 in net income (profit) each year or ($1.29) on an earnings per share basis. Mustang Bio employs 38 workers across the globe.

What is Mustang Bio's official website?

The official website for Mustang Bio is www.mustangbio.com.

How can I contact Mustang Bio?

Mustang Bio's mailing address is 377 PLANTATION STREET, WORCESTER MA, 01605. The company can be reached via phone at 781-652-4500 or via email at [email protected]

This page was last updated on 6/2/2020 by MarketBeat.com Staff

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