Mesa Air Group Inc. (NASDAQ:MESA) currently has a daily average trading volume of 184.31K but it saw 1579468 shares traded in last market. With a market cap of 35.73M USD, the company’s current market price of $0.87 came falling about -17.22 while comparing to the previous closing price of $1.04. In past 52 weeks, the stock remained buoying in the range of price level as high as $1.89 and as low as $0.40. In the recent trading on the day, stock has struck highest price mark of $0.8511 while lowest mark touched by it was $1.14.
Taking a look at 20-day trading activity of Mesa Air Group Inc. (MESA) gives us an average price of $1.1543, while its current price level is -54.23% below from 52-week high level whereas it is 116.25% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $1.2088 while that of 200 days or SMA-200 reads an average of $1.1291. A closer look into the stock’s movement over the week reveals that its volatility is standing at 12.79% during that period while stretching the period over a month that decreases to 8.17%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 23.27 which implies that the stock is in oversold territory.
BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on January 07, 2022 while assigning a price target range of $12-$8. Deutsche Bank also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $15 and $7.
Over the week, MESA’s stock price is moving -27.62% down while it is -31.35% when we observe its performance for the past one month. Year-to-date it is -14.36% down and over the past year, the stock is showing an upside performance of 9.08%.
Currently, Mesa Air Group Inc.’s total number of outstanding shares is 40.94M. Company’s return on investment (ROI) stands at -22.01% and return on equity (ROE) at -52.06%. Stock’s beta reads 3.10. Stock has a price to book (P/B) ratio of 0.26 while price to sale or P/S ratio amounts to 0.08. Its return on asset (ROA) is -11.61% on average.
