As on Wednesday, Mind Medicine Inc (NASDAQ: MNMD) got off with the flyer as it spiked 9.76% to $6.75, before settling in for the price of $6.15 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 company of the Healthcare sector’s yearbook sales growth during the past 5- year span was recorded 0.00%. Meanwhile, its Annual Earning per share during the time was 2.29%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 38.36%. This publicly-traded company’s shares outstanding now amounts to $41.10 million, simultaneously with a float of $27.28 million. The organization now has a market capitalization sitting at $494.99 million. At the time of writing, stock’s 50-day Moving Average stood at $6.01, while the 200-day Moving Average is $7.24.
Mind Medicine Inc (MNMD) Ownership Facts and Figures
Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Mind Medicine Inc’s current insider ownership accounts for 3.15%, in contrast to 144.50% institutional ownership. Preceding that transaction, on Sep 25 ’24, Company’s Chief Accounting Officer sold 2,352 for 5.98, making the whole transaction’s value amount to 14,065. This particular insider is now the holder of 99,543 in total.
Mind Medicine Inc (MNMD) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.31 per share during the current fiscal year.
Mind Medicine Inc’s EPS increase for this current 12-month fiscal period is 38.36% and is forecasted to reach -1.36 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 5.92. The Stock has managed to achieve an average true range (ATR) of 0.37.
In the same vein, MNMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.26, a figure that is expected to reach -0.28 in the next quarter, and analysts are predicting that it will be -1.36 at the market close of one year from today.
Technical Analysis of Mind Medicine Inc (MNMD)
Through scrutinizing the latest numbers posted by the [Mind Medicine Inc, MNMD], it can be observed that its last 5-days Average volume of 1.02 million was lower the volume of 1.39 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 43.87% While, its Average True Range was 0.39.
Raw Stochastic average of Mind Medicine Inc (MNMD) in the period of the previous 100 days is set at 35.79%, which indicates a major fall in contrast to 72.13% 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 63.35% that was lower than 63.42% volatility it exhibited in the past 100-days period.
