Monopar Therapeutics Inc (NASDAQ:MNPR) price on Friday, October 25, fall -48.16% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $16.93.
A look at the stock’s price movement, the close in the last trading session was $32.66, moving within a range at $16.87 and $26.85. The beta value (5-Year monthly) was 1.261. Turning to its 52-week performance, $38.50 and $1.37 were the 52-week high and 52-week low respectively. Overall, MNPR moved 189.90% over the past month.
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Monopar Therapeutics Inc’s market cap currently stands at around $59.59 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Nov-07.
Turning to the stock’s technical picture we see that short term indicators suggest on average that MNPR is a 100% Buy. On the other hand, the stock is on average a 100% Buy as suggested by medium term indicators while long term indicators are putting the stock in 100% Buy category.
1 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 0 analyst(s) rate the stock as a Hold, 1 recommend MNPR as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Buy which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
MNPR’s current price about 135.58% and 247.71% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 61.11, while 7-day volatility ratio is 157.15% and 46.51% in the 30-day chart. Further, Monopar Therapeutics Inc (MNPR) has a beta value of 1.18, and an average true range (ATR) of 3.86.
If we refocus on Monopar Therapeutics Inc (NASDAQ:MNPR), historical trading data shows that trading volumes averaged 2.03 over the past 10 days and 1.12 million over the past 3 months. The company’s latest data on shares outstanding shows there are 2.98 million shares.
The 49.91% of Monopar Therapeutics Inc’s shares are in the hands of company insiders while institutional holders own 7.84% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.11 million on 2024-09-30, giving us a short ratio of 0.05. The data shows that as of 2024-09-30 short interest in Monopar Therapeutics Inc (MNPR) stood at 2303.0000999999997 of shares outstanding, with shares short rising to 92795.0 registered in 2024-08-30. Current price change has pushed the stock 895.30% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the MNPR stock continues to rise going into the next quarter.
