On Monday, Mind Medicine Inc (NASDAQ: MNMD) was 3.35% up from the session before settling in for the closing price of $7.16. A 52-week range for MNMD has been $2.97 – $12.22.
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When this article was written, the company’s average yearly earnings per share was at 40.94%. With a float of $27.25 million, this company’s outstanding shares have now reached $81.59 million.
The firm has a total of 57 workers. Let’s measure their productivity. In terms of profitability, gross margin is 72.78%, operating margin of -1935.9%, and the pretax margin is -2021.54%.
Mind Medicine Inc (MNMD) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Mind Medicine Inc stocks. The most recent insider transaction that took place on Dec 05 ’24, was worth 17,925. In this transaction Director of this company bought 2,500 shares at a rate of $7.17, taking the stock ownership to the 19,851 shares. Before that another transaction happened on Sep 25 ’24, when Company’s Officer proposed sale 4,430 for $5.98, making the entire transaction worth $26,487.
Mind Medicine Inc (MNMD) Earnings and Forecasts
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 40.94% 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 9.00.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.09, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -1.42 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 1.09 million was lower than the volume posted last year of 1.43 million. As of the previous 9 days, the stock’s Stochastic %D was 30.25%. Additionally, its Average True Range was 0.56.
During the past 100 days, Mind Medicine Inc’s (MNMD) raw stochastic average was set at 49.14%, which indicates a significant increase from 30.63% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 60.63% in the past 14 days, which was lower than the 73.83% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $6.93, while its 200-day Moving Average is $7.66. Now, the first resistance to watch is $7.62. This is followed by the second major resistance level at $7.85. The third major resistance level sits at $8.11. If the price goes on to break the first support level at $7.13, it is likely to go to the next support level at $6.87. Should the price break the second support level, the third support level stands at $6.64.
Mind Medicine Inc (NASDAQ: MNMD) Key Stats
There are 73,332K outstanding shares of the company, which has a market capitalization of 542.65 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 -13,680 K.
