On Monday, Mind Medicine Inc (NASDAQ: MNMD) opened higher 5.26% from the last session, before settling in for the closing price of $12.35. Price fluctuations for MNMD have ranged from $4.70 to $14.43 over the past 52 weeks.
Annual sales at Healthcare sector company grew by 12.11% over the past five years. Company’s average yearly earnings per share was noted -31.17% at the time writing. With a float of $73.33 million, this company’s outstanding shares have now reached $76.77 million.
Mind Medicine Inc (MNMD) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of Mind Medicine Inc is 2.94%, while institutional ownership is 51.73%. The most recent insider transaction that took place on Sep 25 ’25, was worth 110,186. In this transaction Chief Legal Officer of this company sold 11,278 shares at a rate of $9.77, taking the stock ownership to the 293,852 shares. Before that another transaction happened on Sep 25 ’25, when Company’s Chief Executive Officer sold 25,797 for $9.77, making the entire transaction worth $252,037. This insider now owns 804,268 shares in total.
Mind Medicine Inc (MNMD) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted -0.41 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at -0.28) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.45 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -31.17% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -3.63% during the next five years compared to 12.11% growth over the previous five years of trading.
Mind Medicine Inc (NASDAQ: MNMD) Trading Performance Indicators
Check out the current performance indicators for Mind Medicine Inc (MNMD). In the past quarter, the stock posted a quick ratio of 3.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.97, a number that is poised to hit -0.51 in the next quarter and is forecasted to reach -1.77 in one year’s time.
Technical Analysis of Mind Medicine Inc (MNMD)
Mind Medicine Inc (NASDAQ: MNMD) saw its 5-day average volume 1.84 million, a positive change from its year-to-date volume of 1.59 million. As of the previous 9 days, the stock’s Stochastic %D was 79.82%.
During the past 100 days, Mind Medicine Inc’s (MNMD) raw stochastic average was set at 77.90%, which indicates a significant decrease from 84.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.72 in the past 14 days, which was higher than the 0.72 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.21, while its 200-day Moving Average is $8.81. Nevertheless, the first resistance level for the watch stands at $13.49 in the near term. At $13.99, the stock is likely to face the second major resistance level. The third major resistance level sits at $14.52. If the price goes on to break the first support level at $12.46, it is likely to go to the next support level at $11.93. Assuming the price breaks the second support level, the third support level stands at $11.43.
Mind Medicine Inc (NASDAQ: MNMD) Key Stats
There are currently 98,509K shares outstanding in the company with a market cap of 1.28 billion. Presently, the company’s annual sales total 0 K according to its annual income of -108,680 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -67,270 K.
