On Friday, Larimar Therapeutics Inc (NASDAQ: LRMR) was -11.62% drop from the session before settling in for the closing price of $7.57. A 52-week range for LRMR has been $2.49 – $13.68.
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When this article was written, the company’s average yearly earnings per share was at -41.53%. With a float of $37.32 million, this company’s outstanding shares have now reached $43.91 million.
Considering the fact that the conglomerate employs 42 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Larimar Therapeutics Inc (LRMR) Breakdown of a Key Holders of the stock
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Larimar Therapeutics Inc stocks. The insider ownership of Larimar Therapeutics Inc is 41.52%, while institutional ownership is 60.90%. The most recent insider transaction that took place on Feb 16 ’24, was worth 499,998. In this transaction Director of this company bought 57,208 shares at a rate of $8.74, taking the stock ownership to the 564,798 shares. Before that another transaction happened on Feb 16 ’24, when Company’s Director bought 4,290,617 for $8.74, making the entire transaction worth $37,499,993. This insider now owns 6,151,406 shares in total.
Larimar Therapeutics Inc (LRMR) Recent Fiscal highlights
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.29 earnings per share (EPS) during the time that was less than consensus figure (set at -0.25) by -0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.38 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -41.53% per share during the next fiscal year.
Larimar Therapeutics Inc (NASDAQ: LRMR) Trading Performance Indicators
You can see what Larimar Therapeutics Inc (LRMR) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 13.10.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.15, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -1.55 in one year’s time.
Technical Analysis of Larimar Therapeutics Inc (LRMR)
Compared to the last year’s volume of 0.58 million, its volume of 0.74 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 18.08%. Additionally, its Average True Range was 0.68.
During the past 100 days, Larimar Therapeutics Inc’s (LRMR) raw stochastic average was set at 12.09%, which indicates a significant increase from 5.99% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 113.24% in the past 14 days, which was higher than the 82.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $7.38, while its 200-day Moving Average is $8.13. Nevertheless, the first resistance level for the watch stands at $7.37 in the near term. At $8.04, the stock is likely to face the second major resistance level. The third major resistance level sits at $8.47. If the price goes on to break the first support level at $6.26, it is likely to go to the next support level at $5.83. Now, if the price goes above the second support level, the third support stands at $5.16.
Larimar Therapeutics Inc (NASDAQ: LRMR) Key Stats
There are 63,807K outstanding shares of the company, which has a market capitalization of 377.25 million. As of now, sales total 0 K while income totals -36,950 K. Its latest quarter income was 0 K while its last quarter net income were -15,500 K.
