After Hours
There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed MindMed to Participate in the Leerink Partners 2024 Global Biopharma Conference.
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Stocks Info
This NASDAQ-listed company operates within the Biotechnology industry segment, falling under the Healthcare sector. The current market capitalization of Mind Medicine Inc is $293.71M. A total of 3.06 million shares were traded on the day, compared to an average of 1.86M shares.
In the most recent transaction, Barrow Robert sold 13,237 shares of MNMD for 3.63 per share on Dec 26 ’23. After the transaction, the Chief Executive Officer now owns 596,721 company shares. In a previous transaction on Dec 26 ’23, Karlin Dan sold 6,774 shares at 3.63 per share. MNMD shares that Chief Medical Officer owns now total 365,030.
Among the insiders who sold shares, Greenway Schond L. disposed of 5,652 shares on Dec 26 ’23 at a per-share price of $3.63. This resulted in the Chief Financial Officer holding 216,617 shares of MNMD after the transaction. In another insider transaction, Barrow Robert sold 13,499 shares at $3.58 per share on Sep 25 ’23. Company shares held by the Chief Executive Officer now total 611,729.
Even though price targets are rarely accurate, they do tend to exert some kind of influence from time to time and are often considered important by markets. In terms of 52-week highs and lows, MNMD has a high of $11.10 and a low of $2.41.
As of this writing, MNMD has an earnings estimate of -$0.42 per share for the current quarter. EPS was calculated based on a consensus of 6 estimates, with a high estimate of -$0.28 per share and a lower estimate of -$0.56. The company reported an EPS of -$0.45 in the last quarter, which was 32.80% higher than expectations of -$0.67.
Balance Sheet Annually/Quarterly
In a balance sheet, you can see what assets and liabilities the company has, as well as how much equity investors have invested. These figures can be used to calculate a company’s financial ratios to give investors a better idea of its prospects. MNMD’s latest balance sheet shows that the firm has $133.54M in Cash & Short Term Investments as of fiscal 2021. There were $0.00 in debt and $10.41M in liabilities at the time. Its Book Value Per Share was $1.90, while its Total Shareholder’s Equity was $151.66M.
Analysts Opinion
The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for MNMD is Buy with a score of 4.86.
