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NASDAQ:MLTX

MoonLake Immunotherapeutics (MLTX) Stock Price, News & Analysis

$46.02
+0.44 (+0.97%)
(As of 09/6/2024 ET)
Today's Range
$44.71
$46.05
50-Day Range
$40.15
$50.19
52-Week Range
$35.11
$64.98
Volume
115,077 shs
Average Volume
384,098 shs
Market Capitalization
$2.94 billion
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$78.67

MoonLake Immunotherapeutics MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.69 Rating Score
Upside/​Downside
70.9% Upside
$78.67 Price Target
Short Interest
Bearish
14.78% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
N/A
Proj. Earnings Growth
Decreasing
From ($1.45) to ($2.47) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

0.67 out of 5 stars

Medical Sector

833rd out of 910 stocks

Pharmaceutical Preparations Industry

386th out of 426 stocks

MLTX stock logo

About MoonLake Immunotherapeutics Stock (NASDAQ:MLTX)

MoonLake Immunotherapeutics, a clinical-stage biopharmaceutical company, engages in developing therapies. It develops Sonelokimab, a novel investigational Nanobody for the treatment of inflammation diseases; and hidradenitis suppurativa, psoriatic arthritis, axial spondyloarthritis, and psoriasis. MoonLake Immunotherapeutics was incorporated in 2020 and is headquartered in Zug, Switzerland.

MLTX Stock Price History

MLTX Stock News Headlines

The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
MLTX Sep 2024 60.000 call (MLTX240920C00060000)
The solution to fast food’s wage hike crisis
Shake Shack will be closing six California locations in response to the recent $20/hour minimum wage increase, according to the NY Post. With a sky-high 150% turnover rate, the fast food industry is already grappling with labor issues before taking into account these wage hikes. The industry will need a projected 1 million new workers every year through 2032.
See More Headlines
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Company Calendar

Last Earnings
8/07/2024
Today
9/07/2024
Next Earnings (Estimated)
11/12/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Medical
Industry
Pharmaceutical preparations
Sub-Industry
Pharmaceutical Products
Current Symbol
NASDAQ:MLTX
Fax
N/A
Employees
2
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$78.67
High Stock Price Target
$104.00
Low Stock Price Target
$59.00
Potential Upside/Downside
+70.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.69
Research Coverage
13 Analysts

Profitability

Net Income
$-36,010,000.00
Pretax Margin
N/A

Debt

Sales & Book Value

Annual Sales
N/A
Book Value
$8.30 per share

Miscellaneous

Free Float
56,208,000
Market Cap
$2.94 billion
Optionable
Optionable
Beta
1.26
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MLTX Stock Analysis - Frequently Asked Questions

How have MLTX shares performed this year?

MoonLake Immunotherapeutics' stock was trading at $60.39 at the beginning of 2024. Since then, MLTX shares have decreased by 23.8% and is now trading at $46.02.
View the best growth stocks for 2024 here
.

How were MoonLake Immunotherapeutics' earnings last quarter?

MoonLake Immunotherapeutics (NASDAQ:MLTX) announced its earnings results on Wednesday, August, 7th. The company reported ($0.39) earnings per share for the quarter, missing the consensus estimate of ($0.28) by $0.11.

Who are MoonLake Immunotherapeutics' major shareholders?

Top institutional shareholders of MoonLake Immunotherapeutics include Avoro Capital Advisors LLC (4.34%), Federated Hermes Inc. (1.77%), Marshall Wace LLP (1.72%) and Logos Global Management LP (1.17%). Insiders that own company stock include Bihua Chen, Da Silva Jorge Santos, Matthias Bodenstedt and Kristian Reich.
View institutional ownership trends
.

How do I buy shares of MoonLake Immunotherapeutics?

Shares of MLTX stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:MLTX) was last updated on 9/7/2024 by MarketBeat.com Staff

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