Mind Medicine Inc (NASDAQ: MNMD) established initial surge of 8.03% at $9.42, before settling in for the price of $8.72 at the close. Taking a more long-term approach, MNMD posted a 52-week range of $2.41-$12.22.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was 2.29%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 23.36%. This publicly-traded company’s shares outstanding now amounts to $41.10 million, simultaneously with a float of $27.16 million. The organization now has a market capitalization sitting at $265.27 million. At the time of writing, stock’s 50-day Moving Average stood at $7.89, while the 200-day Moving Average is $6.07.
Mind Medicine Inc (MNMD) Ownership Facts and Figures
Sometimes it is also beneficial to study the sentiment of large-scale investors towards the stock of the Mind Medicine Inc industry. Mind Medicine Inc’s current insider ownership accounts for 3.54%, in contrast to 119.82% institutional ownership. According to the most recent insider trade that took place on Jun 25 ’24, this organization’s Chief Legal Officer sold 17,854 shares at the rate of 7.22, making the entire transaction reach 128,906 in total value, affecting insider ownership by 182,146. Preceding that transaction, on Jun 25 ’24, Company’s Chief Executive Officer sold 15,659 for 7.22, making the whole transaction’s value amount to 113,058. This particular insider is now the holder of 564,543 in total.
Mind Medicine Inc (MNMD) Earnings and Revenue Records
Mind Medicine Inc’s EPS increase for this current 12-month fiscal period is 23.36% and is forecasted to reach -1.50 in the upcoming year.
Mind Medicine Inc (NASDAQ: MNMD) Trading Performance Indicators
Let’s observe the current performance indicators for Mind Medicine Inc (MNMD). It’s Quick Ratio in the last reported quarter now stands at 3.91. The Stock has managed to achieve an average true range (ATR) of 0.55.
In the same vein, MNMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.94, a figure that is expected to reach -0.33 in the next quarter, and analysts are predicting that it will be -1.50 at the market close of one year from today.
Technical Analysis of Mind Medicine Inc (MNMD)
Now, what If we examine the latest scores posted by [Mind Medicine Inc, MNMD]. During the last 5-days, its volume was lower the volume of 1.69 million it reported in year-ago period. During the previous 9 days, stock’s Stochastic %D was recorded 84.43% While, its Average True Range was 0.57.
Raw Stochastic average of Mind Medicine Inc (MNMD) in the period of the previous 100 days is set at 56.45%, which indicates a major fall in contrast to 93.77% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 64.49% that was lower than 103.46% volatility it exhibited in the past 100-days period.
