Mustang Bio Inc (NASDAQ: MBIO) Jumps 4.90%: The Most Likely Path Going Forward

Mustang Bio Inc (NASDAQ:MBIO) shares, rose in value on Wednesday, June 18, with the stock price up by 4.90% to the previous day’s close as strong demand from buyers drove the stock to $1.07.

Actively observing the price movement in the last trading, the stock closed the session at $1.02, falling within a range of $1.02 and $1.1. The value of beta (5-year monthly) was 2.245. Referring to stock’s 52-week performance, its high was $65.00, and the low was $1.01. On the whole, MBIO has fluctuated by -7.76% over the past month.

With the market capitalization of Mustang Bio Inc currently standing at about $4.69 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-Mar-28.

Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that MBIO’s technical picture suggests that short-term indicators denote the stock is a 50% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.

The stock’s technical analysis shows that the price of MBIO currently trading nearly -13.71% and -12.57% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 35.97, while the 7-day volatility ratio is showing 6.22% which for the 30-day chart, stands at 4.12%. Furthermore, Mustang Bio Inc (MBIO)’s beta value is 2.24, and its average true range (ATR) is 0.08.

A comparison of Mustang Bio Inc (MBIO) with its peers suggests the former has fared considerably weaker in the market. MBIO showed an intraday change of 4.90% in last session, and over the past year, it shrunk by -83.54%%.

Data on historical trading for Mustang Bio Inc (NASDAQ:MBIO) indicates that the trading volumes over the past 10 days have averaged 92170.0 and over the past 3 months, they’ve averaged 397.03K. According to company’s latest data on outstanding shares, there are 4.38 million shares outstanding.

Nearly 28.11% of Mustang Bio Inc’s shares belong to company insiders and institutional investors own 2.62% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 97080.0 shares as on 2025-05-30, resulting in a short ratio of 0.65. According to the data, the short interest in Mustang Bio Inc (MBIO) stood at 275.00 of shares outstanding as of 2025-05-30; the number of short shares registered in 2025-04-30 reached 0.2 million. The stock has fallen by -87.91% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the MBIO stock heading into the next quarter.

Stocks Register
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.