Mind Medicine Inc (NASDAQ: MNMD) Could Be Viewed Differently By Investors Because Of These Numbers

After Hours

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. Recently, Yahoo Finance discussed the stock, revealing that MindMed to Present at Upcoming April Medical Conferences.

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Stocks Info

The company is listed on the NASDAQ and operates within the Biotechnology industry segment. The current market capitalization of Mind Medicine Inc is $306.66M. A total of 1.18 million shares were traded on the day, compared to an average of 2.12M shares.

In the most recent transaction, Barrow Robert sold 16,519 shares of MNMD for 9.50 per share on Mar 25 ’24. After the transaction, the Chief Executive Officer now owns 580,202 company shares. In a previous transaction on Mar 25 ’24, Karlin Dan sold 6,578 shares at 9.50 per share. MNMD shares that Chief Medical Officer owns now total 358,452.

Among the insiders who sold shares, Barrow Robert disposed of 13,237 shares on Dec 26 ’23 at a per-share price of $3.63. This resulted in the Chief Executive Officer holding 596,721 shares of MNMD after the transaction. In another insider transaction, Karlin Dan sold 6,774 shares at $3.63 per share on Dec 26 ’23. Company shares held by the Chief Medical Officer now total 365,030.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. In terms of 52-week highs and lows, MNMD has a high of $12.22 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

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. Investors can determine the company’s prospects by calculating its financial ratios based on this information. 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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.

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