Axsome Therapeutics Inc (AXSM) posted a 10.21% change over the last five days signaling a new trend

On Tuesday, Axsome Therapeutics Inc (NASDAQ: AXSM) opened higher 5.11% from the last session, before settling in for the closing price of $107.43. Price fluctuations for AXSM have ranged from $64.11 to $111.51 over the past 52 weeks.

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Healthcare Sector giant saw their annual sales surged by 110.20% over the last five years. Company’s average yearly earnings per share was noted -3.19% at the time writing. With a float of $39.60 million, this company’s outstanding shares have now reached $48.44 million.

The firm has a total of 545 workers. Let’s measure their productivity. In terms of profitability, gross margin is 90.55%, operating margin of -90.84%, and the pretax margin is -91.97%.

Axsome Therapeutics Inc (AXSM) Breakdown of a Key Holders of the stock

A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Axsome Therapeutics Inc is 18.28%, while institutional ownership is 79.74%. The most recent insider transaction that took place on Sep 11 ’24, was worth 1,005,871. In this transaction Director of this company sold 11,016 shares at a rate of $91.31, taking the stock ownership to the 10,002 shares. Before that another transaction happened on Sep 11 ’24, when Company’s Director proposed sale 11,016 for $91.31, making the entire transaction worth $1,005,843.

Axsome Therapeutics Inc (AXSM) Recent Fiscal highlights

Wall Street market experts anticipate that the next fiscal year will bring earnings of -1.06 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -3.19% per share during the next fiscal year.

Axsome Therapeutics Inc (NASDAQ: AXSM) Trading Performance Indicators

Check out the current performance indicators for Axsome Therapeutics Inc (AXSM). In the past quarter, the stock posted a quick ratio of 2.37. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 16.17.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -6.54, a number that is poised to hit -0.97 in the next quarter and is forecasted to reach -1.94 in one year’s time.

Technical Analysis of Axsome Therapeutics Inc (AXSM)

Analysing the last 5-days average volume posted by the [Axsome Therapeutics Inc, AXSM], we can find that recorded value of 0.94 million was lower than the volume posted last year of 0.98 million. As of the previous 9 days, the stock’s Stochastic %D was 81.88%. Additionally, its Average True Range was 4.72.

During the past 100 days, Axsome Therapeutics Inc’s (AXSM) raw stochastic average was set at 98.91%, which indicates a significant increase from 98.50% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 52.06% in the past 14 days, which was higher than the 45.78% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $94.89, while its 200-day Moving Average is $86.57. Now, the first resistance to watch is $114.83. This is followed by the second major resistance level at $116.75. The third major resistance level sits at $120.16. If the price goes on to break the first support level at $109.50, it is likely to go to the next support level at $106.09. Now, if the price goes above the second support level, the third support stands at $104.17.

Axsome Therapeutics Inc (NASDAQ: AXSM) Key Stats

There are currently 48,462K shares outstanding in the company with a market cap of 5.47 billion. Presently, the company’s annual sales total 270,600 K according to its annual income of -239,240 K. Last quarter, the company’s sales amounted to 104,760 K and its income totaled -64,600 K.