On Monday, Mind Medicine Inc (NASDAQ: MNMD) was -1.00% down from the session before settling in for the closing price of $11.00. A 52-week range for MNMD has been $2.41 – $12.22.
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When this article was written, the company’s average yearly earnings per share was at 36.53%. With a float of $26.94 million, this company’s outstanding shares have now reached $41.10 million.
The firm has a total of 57 workers. Let’s measure their productivity.
Mind Medicine Inc (MNMD) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mind Medicine Inc stocks. The insider ownership of Mind Medicine Inc is 4.36%, while institutional ownership is 61.39%. The most recent insider transaction that took place on Mar 25 ’24, was worth 156,930. In this transaction Chief Executive Officer of this company sold 16,519 shares at a rate of $9.50, taking the stock ownership to the 580,202 shares. Before that another transaction happened on Mar 25 ’24, when Company’s Chief Medical Officer sold 6,578 for $9.50, making the entire transaction worth $62,491. This insider now owns 358,452 shares in total.
Mind Medicine Inc (MNMD) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 12/30/2023, it has been observed that the corporation posted -$0.59 earnings per share (EPS) during the time that was less than consensus figure (set at -$0.46) by -$0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.37 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 36.53% per share during the next fiscal year.
Mind Medicine Inc (NASDAQ: MNMD) Trading Performance Indicators
You can see what Mind Medicine Inc (MNMD) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 3.22.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.45, a number that is poised to hit -0.42 in the next quarter and is forecasted to reach -1.47 in one year’s time.
Technical Analysis of Mind Medicine Inc (MNMD)
Analysing the last 5-days average volume posted by the [Mind Medicine Inc, MNMD], we can find that recorded value of 2.74 million was better than the volume posted last year of 2.02 million. As of the previous 9 days, the stock’s Stochastic %D was 59.24%. Additionally, its Average True Range was 1.02.
During the past 100 days, Mind Medicine Inc’s (MNMD) raw stochastic average was set at 86.44%, which indicates a significant increase from 59.04% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 93.36% in the past 14 days, which was lower than the 107.20% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.92, while its 200-day Moving Average is $4.42. Now, the first resistance to watch is $11.24. This is followed by the second major resistance level at $11.60. The third major resistance level sits at $11.83. If the price goes on to break the first support level at $10.65, it is likely to go to the next support level at $10.42. Now, if the price goes above the second support level, the third support stands at $10.06.
Mind Medicine Inc (NASDAQ: MNMD) Key Stats
There are 70,268K outstanding shares of the company, which has a market capitalization of 306.66 million. As of now, sales total 0 K while income totals -95,730 K. Its latest quarter income was 0 K while its last quarter net income were -23,860 K.
