When Is The Right Time To Get Involved In Mustang Bio, Inc. (MBIO)?

Mustang Bio, Inc. (MBIO) has seen some recent movement in the marketplace and its shares finished trading at $3.1850 yesterday. Investors are starting to take interest of MBIO as the shares traded as high as $3.3000 and as low as $3.1400 in the prior market trading session.

Mustang Bio, Inc. (MBIO) average trading volume is 664.58K. However, in the prior market trading session Mustang Bio, Inc. (MBIO) exchanged 1,104,695 shares. The 1st downside support level on MBIO is $2.89 and the 1st upside resistance level on MBIO is $4.60. MBIO fifty day moving average is $3.3859 and MBIO 200day moving average is $3.2894.

Mustang Bio, Inc. (MBIO) current performance has been shown by the recent movement in MBIO shares. MBIO has performed -14.61% over the past month, MBIO has performed 20.19% over the past quarter and MBIO has shown -13.45% over the past 12 months. Mustang Bio, Inc. (MBIO) has a 1 year range of $1.7800 to $4.8500. Mustang Bio, Inc. (MBIO) is trading 78.93% from its 1 year low and -34.33% from its 1 year high. Mustang Bio, Inc. (MBIO) is displaying a 3.32% short float displaying the quantity short in the float.

MBIO has 41.97M shares outstanding and 31.49M shares in the float. Mustang Bio, Inc. (MBIO) presently has a market cap of $168.87M and income of -48.60M. The EPS next quarter for MBIO is -0.27 and anticipated EPS next year is -2.90%. The market cap of Mustang Bio, Inc. (MBIO) at $168.87M signifies how many Investors own shares of MBIO and is based off the last price ($3.1850) of MBIO and the quantity of shares outstanding (41.97M) with Mustang Bio, Inc. (MBIO).

Mustang Bio, Inc. (MBIO) has aggregate cash (mrq) of 55.81M, aggregate cash per share (mrq) of 1.31, aggregate debt of MBIO rests at 16.1M and aggregate debt/equity (mrq) is 35.16. . Mustang Bio, Inc. (MBIO) operating cash flow (ttm) is -37.25M, MBIO leveraged free cash flow (ttm) is -30.86M.

MBIO is trading -9.87% below (bearish) its SMA20, -1.07% below (bearish) its SMA50 and -1.74% below (bearish) its SMA200.