MBIO · Mustang Bio, Inc.
What's happening
- MBIO is down 0.50% today, trading at $0.38. — Live quote
- It's trading within 3% of its 52-week low ($0.37). (Finnhub fundamentals)
- Volume today (201) is well below its 3-month average of 34,950. (Finnhub fundamentals)
- Reports earnings on 2026-11-05, 14 days away. (Finnhub earnings calendar)
- Last quarter's EPS missed estimates: $-37.95 actual vs. $-8.16 estimated (-365.1%). (Finnhub earnings history)
Deterministic template sentences filled in from the same sourced figures shown elsewhere on this page -- not an AI-written summary, no live model call.
Key Statistics
Analyst Recommendations
Aggregate ratings for 2024-12-01 (7 analysts polled by Finnhub) — consensus count.
Performance Overview (Trailing returns vs S&P 500 benchmark)
Earnings Trends (Quarterly EPS Actual vs Estimate)
Valuation Measures & Ratios
Quarterly history (5 periods)
| Measure | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 |
|---|---|---|---|---|---|
| Market cap | $4.7M | $5.0M | $10.2M | $8.1M | $30.2M |
| P/E | -1.43 | -2.14 | -3.65 | -0.77 | -2.02 |
| Price/Book | 0.62 | 0.58 | 1.04 | 2.80 | 8.38 |
| ROE | -43.17% | -27.20% | -28.58% | -363.90% | -414.33% |
| ROA | -20.86% | -14.10% | -14.43% | -80.67% | -100.30% |
Trailing-twelve-month ratios computed from SEC EDGAR quarterly figures and historical daily close prices (Alpaca). Diluted shares are derived from Net income ÷ EPS (diluted) for each quarter, not separately reported. Forward P/E/PEG unavailable (no free data source).
Glossary — what these abbreviations mean
- 1. TTM
- Trailing twelve months — the sum of the last four reported quarters, not a calendar year or the single latest quarter.
- 2. EPS
- Earnings per share — net income divided by diluted shares outstanding.
- 3. Beta
- A stock's historical volatility relative to the overall market. Above 1 means it has moved more than the market; below 1, less.
- 4. EV (Enterprise Value)
- Market cap plus total debt minus cash — roughly what it would cost to buy the whole company, debt included.
- 5. Forward P/E
- Price divided by analysts' estimated earnings for the next 12 months, instead of trailing actual earnings.
- 6. PEG Ratio
- P/E divided by expected earnings growth rate. A lower number can indicate a stock is cheap relative to how fast it's expected to grow.
- 7. Price / Book
- Share price divided by book value (assets minus liabilities) per share.
- 8. ROE
- Return on equity — net income divided by shareholders' equity, a measure of how efficiently a company turns equity into profit.
- 9. ROA
- Return on assets — net income divided by total assets, a measure of how efficiently a company turns assets into profit.
- 10. MRQ
- Most recent quarter — the single latest reported period, as opposed to TTM. The Financials section's "Quarterly" view below shows MRQ-style figures.
- 11. YoY
- Year over year — percent change versus the same period one year earlier, used for growth figures like those on Compare cards and the Screener.
Short Interest
Source: FINRA Rule 4560 consolidated short interest, settlement date 2026-09-30. Reported bi-monthly with a reporting lag — not real-time.
Quotes and the 1-day extended-hours chart: Yahoo Finance. Longer historical charts: Alpaca (IEX feed) — real-time but IEX-only volume (~2.5% of consolidated market volume). Fundamentals + earnings: Finnhub.
Price history
Drag horizontally to zoom into a section; use Reset view to restore all observations.
Technical signal summary
Calculating from the latest year of daily price history…
Show Technical Analysis Breakdown ▾ 10 Indicators
Not investment advice — read several signals together.
Indicators None active
History limited by data provider; markers are heuristics, not signals.
Peer and sector context
Balanced evidence
A deterministic summary of sourced facts—not an AI verdict.
Potential strengths
- Latest SEC filing is Form 8-K, filed 2026-10-15; review it for current changes and risks. SEC EDGAR ↗
Potential concerns
- Trailing 52-week price return is -75.3%. Finnhub market metrics ↗
Rule-based facts only; absence from either side is not evidence, and this is not a recommendation.
More on MBIO
No accessible free API for these — links go to the source directly.
Financials
Fundamental trends
Visualized from the same SEC figures in the tables below.
Income statement
| Line item | Jun '26 | Mar '26 | Sep '25 | Jun '25 | Mar '25 | Sep '24 | Jun '24 | Mar '24 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | — | — | — | — | — | — |
| Operating income | -$1.2M | -$1.1M | -$624.0K | -$885.0K | -$253.0K | -$1.5M | -$8.5M | -$5.2M |
| Net income | -$1.1M | -$955.0K | -$468.0K | -$762.0K | -$153.0K | -$1.4M | -$8.2M | -$5.2M |
| EPS (diluted) | $-0.16 | $-0.14 | $-0.07 | $-0.19 | $-0.05 | $-1.96 | $-18.36 | $-24.81 |
| EPS (basic) | $-0.16 | $-0.14 | $-0.07 | $-0.19 | $-0.05 | $-1.96 | $-18.36 | $-24.81 |
Balance sheet
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Total assets | $15.6M | $16.6M | $17.6M | $19.4M | $13.0M | $14.9M | $9.3M | $7.2M |
| Total liabilities | $8.1M | $8.0M | $8.1M | $9.6M | $10.2M | $11.3M | $13.2M | $15.8M |
| Stockholders' equity | $7.5M | $8.6M | $9.5M | $9.8M | $2.9M | $3.6M | -$3.9M | -$8.7M |
| Total current assets | — | — | $17.6M | $19.4M | $13.0M | $14.9M | $8.6M | $6.1M |
| Total current liabilities | $7.9M | $7.8M | $7.9M | $9.4M | $10.0M | $11.2M | $12.6M | $15.0M |
| Cash & equivalents | $15.2M | $16.3M | $17.3M | $19.0M | $12.7M | $14.2M | $6.8M | $3.5M |
| Marketable securities (current) | — | — | — | — | — | — | — | — |
| Property, plant & equipment | — | — | $0 | $0 | $0 | $0 | $371.0K | $421.0K |
| Other non-current assets | — | — | $0 | $0 | $0 | $0 | $250.0K | $250.0K |
| Accounts payable | $3.2M | $3.3M | $3.5M | $5.0M | $5.7M | $6.3M | $7.5M | $8.8M |
| Short-term debt | — | — | — | — | — | — | — | — |
| Other current liabilities | $2.5M | $2.5M | $2.5M | $2.5M | $2.5M | $2.8M | $2.7M | $2.5M |
| Common stock & paid-in capital | — | — | — | — | — | — | — | — |
| Retained earnings | -$400.7M | -$399.6M | -$398.6M | -$398.1M | -$397.6M | -$396.9M | -$396.7M | -$395.8M |
Cash flow
| Line item | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow | -$967.0K | -$1.0M | -$1.7M | -$818.0K | -$1.3M | -$1.4M | -$2.0M | -$1.8M |
| Investing cash flow | $0 | $0 | $0 | $0 | $0 | $1.2M | $0 | $0 |
| Financing cash flow | -$141.0K | $0 | $0 | $7.1M | -$235.0K | $7.6M | $4.9M | $1.0M |
| Free cash flow | — | — | — | — | — | — | -$2.0M | -$1.8M |
| Capital expenditures | — | — | — | — | — | — | $0 | $0 |
| Share-based compensation | $21.0K | $22.0K | $91.0K | $23.0K | $45.0K | $38.0K | -$526.0K | $42.0K |
Income statement
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating income | -$2.4M | -$16.2M | -$49.3M | -$76.2M | -$66.7M |
| Net income | -$1.9M | -$15.8M | -$51.6M | -$77.5M | -$66.4M |
| EPS (diluted) | $-0.39 | $-38.57 | $-299.95 | $-10.09 | $-0.76 |
| EPS (basic) | $-0.39 | $-38.57 | $-299.95 | $-10.09 | $-0.76 |
Balance sheet
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Total assets | $17.6M | $9.3M | $17.7M | $92.4M | $125.2M |
| Total liabilities | $8.1M | $13.2M | $17.6M | $46.1M | $12.8M |
| Stockholders' equity | $9.5M | -$3.9M | $123.0K | $46.3M | $112.4M |
| Total current assets | $17.6M | $8.6M | $11.3M | $78.9M | $111.7M |
| Total current liabilities | $7.9M | $12.6M | $15.4M | $15.1M | $10.8M |
| Cash & equivalents | $17.3M | $6.8M | $6.2M | $75.7M | $109.6M |
| Marketable securities (current) | — | — | — | — | — |
| Property, plant & equipment | $0 | $371.0K | $3.2M | $8.4M | $11.1M |
| Other non-current assets | $0 | $250.0K | $833.0K | $261.0K | $362.0K |
| Accounts payable | $3.5M | $7.5M | $6.3M | $6.8M | $3.5M |
| Short-term debt | — | — | — | — | — |
| Other current liabilities | $2.5M | $2.7M | $834.0K | — | — |
| Common stock & paid-in capital | — | — | — | — | — |
| Retained earnings | -$398.6M | -$396.7M | -$381.0M | -$329.4M | -$251.8M |
Cash flow
| Line item | Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 |
|---|---|---|---|---|---|
| Operating cash flow | -$5.3M | -$11.4M | -$49.5M | -$65.1M | -$53.7M |
| Investing cash flow | $1.2M | $0 | $5.9M | -$3.0M | -$5.4M |
| Financing cash flow | $14.5M | $11.3M | -$26.1M | $34.1M | $70.8M |
| Free cash flow | — | -$11.4M | -$49.5M | -$67.8M | -$57.7M |
| Capital expenditures | — | $0 | $64.0K | $2.7M | $4.0M |
| Share-based compensation | $129.0K | -$450.0K | $568.0K | $2.3M | $3.3M |
Source: SEC EDGAR XBRL filings (10-Q/10-K), as originally tagged by the company. Quarterly cash flow is reconstructed by de-cumulating fiscal-year-to-date figures (how cash flow is tagged in 10-Qs); other quarterly lines are reported directly.
Institutional holders
SEC Form 13F filers holding MBIO as of the latest reported quarter. 13F only covers investment managers with $100M+ in assets — this is not a complete ownership picture, and does not include insiders (see Recent SEC filings below) or non-13F-eligible holders.
Insider activity
Directors, officers, and 10%+ owners' reported transactions from SEC Form 4. A filing reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR Form 4 filings · checked 25 most recent filings · covers 2022-03-18 to 2026-04-24
Recent transactions
- Most recent: Litchman Manuel MD (President, CEO and Interim CFO) — Tax withholding of 19 shares on 2026-04-24.
Deterministic template sentences filled in from the SEC Form 4 figures in the tables below -- not an AI-written summary, no live model call.
Insider purchases & sales, last 6 months
Counts only open-market purchases (code P) and sales (code S) — grants, option exercises, tax withholding, and gifts are excluded since they aren't a market buy/sell decision.
Insider roster
| Name | Title | Most Recent Transaction | Date | Shares |
|---|---|---|---|---|
| Litchman Manuel MD | President, CEO and Interim CFO | Tax withholding | 2026-04-24 | 19 |
| Fortress Biotech, Inc. | Reporting person | Grant / award | 2026-01-02 | 278,385 |
| Herskowitz Neil | Director | Open market sale | 2025-12-30 | 247 |
| Chill Adam J. | Director | Open market sale | 2025-12-30 | 4 |
| Jin David | Director | Open market purchase | 2025-12-30 | 247 |
| ZELEFSKY MICHAEL J | Director | Grant / award | 2023-07-05 | 7,246 |
| ROSENWALD LINDSAY A MD | Director | Grant / award | 2023-07-05 | 7,246 |
| WEISS MICHAEL S | Director | Grant / award | 2023-07-05 | 7,246 |
Recent transactions
| Date | Insider | Title | Transaction | Shares | Price |
|---|---|---|---|---|---|
| 2026-04-24 | Litchman Manuel MD | President, CEO and Interim CFO | Tax withholding | 19 | $0.75 |
| 2026-01-02 | Fortress Biotech, Inc. | Reporting person | Grant / award | 278,385 | $0.00 |
| 2025-12-30 | Herskowitz Neil | Director | Open market sale | 247 | $0.96 |
| 2025-12-30 | Chill Adam J. | Director | Open market sale | 4 | $0.95 |
| 2025-12-30 | Jin David | Director | Open market purchase | 247 | $0.96 |
| 2025-09-29 | Fortress Biotech, Inc. | Reporting person | Grant / award | 59,334 | $0.00 |
| 2025-04-24 | Litchman Manuel MD | President, CEO and Interim CFO | Tax withholding | 27 | $1.24 |
| 2025-03-31 | Fortress Biotech, Inc. | Reporting person | Grant / award | 67,806 | $0.00 |
Recent SEC filings
Official company reports and insider transaction filings. Form 4 reports a transaction; it does not by itself explain why it happened.
Source: SEC EDGAR submissions · updated 2026-10-22 07:51 UTC
| Filed | Form | Report period | Official filing |
|---|---|---|---|
| 2026-10-15 | 8-K | 2026-10-13 | View on SEC.gov → |
| 2026-08-05 | 10-Q | 2026-06-30 | View on SEC.gov → |
| 2026-05-05 | 10-Q | 2026-03-31 | View on SEC.gov → |
| 2026-04-27 | 4 | 2026-04-24 | View on SEC.gov → |
| 2026-04-17 | 8-K | 2026-04-15 | View on SEC.gov → |
| 2026-03-19 | 10-K | 2025-12-31 | View on SEC.gov → |
| 2026-01-05 | 4 | 2026-01-02 | View on SEC.gov → |
| 2025-12-30 | 4 | 2025-12-30 | View on SEC.gov → |
| 2025-12-30 | 4 | 2025-12-30 | View on SEC.gov → |
| 2025-12-30 | 4 | 2025-12-30 | View on SEC.gov → |
| 2025-12-23 | 8-K | 2025-12-17 | View on SEC.gov → |
| 2025-11-07 | 10-Q | 2025-09-30 | View on SEC.gov → |
Recent news
Headlines about MBIO (Mustang Bio, Inc.). Links open the publisher — we don’t host full articles.
-
Mustang Bio gets Nasdaq reprieve. Mustang Bio stock needs USD 1.00 bids - ad-hoc-news.de
ad-hoc-news.de · 2026-10-16 -
MindBio Therapeutics Corp. (CSE: MBIO) (OTCQB: MBQIF) Harnesses Key AI, Voice Analysis to Offer Impairment Solution
Yahoo Finance · 2026-05-14 -
Mustang Bio rises after FDA orphan drug status for MB-101
Seeking Alpha · 2025-07-07 -
MindBio Therapeutics Advances Voice AI Kiosk for Intoxication Detection Toward Commercial Pilot
Streetwise Reports · 2026-10-21
No headlines in this category right now — try “All”.