Mind Medicine Inc (NASDAQ: MNMD) started the day on Wednesday, with a price increase of 2.50% at $8.40, before settling in for the price of $8.19 at the close. Taking a more long-term approach, MNMD posted a 52-week range of $2.41-$12.22.
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In the past 5-years timespan, the Healthcare sector firm’s annual sales growth 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 39.06%. 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 $615.62 million. At the time of writing, stock’s 50-day Moving Average stood at $6.24, while the 200-day Moving Average is $7.35.
Mind Medicine Inc (MNMD) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Mind Medicine Inc’s current insider ownership accounts for 3.15%, in contrast to 145.43% 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
Mind Medicine Inc’s EPS increase for this current 12-month fiscal period is 39.06% and is forecasted to reach -1.43 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 9.00. The Stock has managed to achieve an average true range (ATR) of 0.58.
In the same vein, MNMD’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.09, a figure that is expected to reach -0.31 in the next quarter, and analysts are predicting that it will be -1.43 at the market close of one year from today.
Technical Analysis of Mind Medicine Inc (MNMD)
If we take a close look at the recent performances of Mind Medicine Inc (NASDAQ: MNMD), its last 5-days Average volume was 2.97 million that shows progress from its year to date volume of 1.43 million. During the previous 9 days, stock’s Stochastic %D was recorded 73.98% While, its Average True Range was 0.68.
Raw Stochastic average of Mind Medicine Inc (MNMD) in the period of the previous 100 days is set at 70.09%, which indicates a major fall in contrast to 70.53% 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 94.83% that was higher than 70.27% volatility it exhibited in the past 100-days period.
