ATAI Life Sciences N.V (ATAI) recent activity suggests a positive outlook with the last week’s performance of -6.76%

ATAI Life Sciences N.V (NASDAQ: ATAI) kicked off on Tuesday, down -10.00% from the previous trading day, before settling in for the closing price of $2.30. Over the past 52 weeks, ATAI has traded in a range of $1.03-$2.85.

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A company in the Healthcare sector has dropped its sales by -16.02% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded -217.14%. With a float of $116.28 million, this company’s outstanding shares have now reached $167.82 million.

In an organization with 83 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 19.64%, operating margin of -31987.01%, and the pretax margin is -38614.5%.

ATAI Life Sciences N.V (ATAI) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of ATAI Life Sciences N.V is 30.71%, while institutional ownership is 8.44%. The most recent insider transaction that took place on Sep 26 ’24, was worth 16,093,000. In this transaction 10% Owner of this company sold 2,660,000 shares at a rate of $6.05, taking the stock ownership to the 6,905,774 shares. Before that another transaction happened on May 16 ’24, when Company’s insider sold 151,303 for $1.92, making the entire transaction worth $290,502. This insider now owns 328,697 shares in total.

ATAI Life Sciences N.V (ATAI) Latest Financial update

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.15 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around -217.14% per share during the next fiscal year.

ATAI Life Sciences N.V (NASDAQ: ATAI) Trading Performance Indicators

Take a look at ATAI Life Sciences N.V’s (ATAI) current performance indicators. Last quarter, stock had a quick ratio of 5.81. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1352.06.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.80, a number that is poised to hit -0.14 in the next quarter and is forecasted to reach -0.62 in one year’s time.

Technical Analysis of ATAI Life Sciences N.V (ATAI)

Let’s dig in a bit further. During the last 5-days, its volume was 6.89 million. That was better than the volume of 3.55 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 51.09%. Additionally, its Average True Range was 0.28.

During the past 100 days, ATAI Life Sciences N.V’s (ATAI) raw stochastic average was set at 67.75%, which indicates a significant increase from 55.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 157.46% in the past 14 days, which was higher than the 102.97% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.62, while its 200-day Moving Average is $1.46. However, in the short run, ATAI Life Sciences N.V’s stock first resistance to watch stands at $2.33. Second resistance stands at $2.60. The third major resistance level sits at $2.79. If the price goes on to break the first support level at $1.87, it is likely to go to the next support level at $1.68. The third support level lies at $1.41 if the price breaches the second support level.

ATAI Life Sciences N.V (NASDAQ: ATAI) Key Stats

The company with the Market Capitalisation of 446.18 million has total of 167,802K Shares Outstanding. Its annual sales at the moment are 310 K in contrast with the sum of -40,220 K annual income. Company’s last quarter sales were recorded 40 K and last quarter income was -26,290 K.