Pasithea Therapeutics Corp’s Market Journey: Closing Weak at 0.29, Down -29.58

Ulysses Smith

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The closing price of Pasithea Therapeutics Corp (NASDAQ: KTTA) was $0.29 for the day, down -29.58% from the previous closing price of $0.42. In other words, the price has decreased by -$29.58 from its previous closing price. On the day, 3.23 million shares were traded. KTTA stock price reached its highest trading level at $0.369 during the session, while it also had its lowest trading level at $0.281.

Ratios:

Our analysis of KTTA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.02 and its Current Ratio is at 4.02. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on May 12 ’25 when Tiago Reis Marques bought 960 shares for $0.83 per share.

Marques Tiago sold 960 shares of KTTA for $792 on May 12 ’25. The Chief Executive Officer now owns 40,001 shares after completing the transaction at $0.82 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KTTA now has a Market Capitalization of 2175757 and an Enterprise Value of -1947195.

Stock Price History:

The Beta on a monthly basis for KTTA is 0.50, which has changed by -0.9042623 over the last 52 weeks, in comparison to a change of 0.1028198 over the same period for the S&P500. Over the past 52 weeks, KTTA has reached a high of $3.85, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -59.55%, while the 200-Day Moving Average is calculated to be -68.80%.

Shares Statistics:

KTTA traded an average of 204.38K shares per day over the past three months and 908710 shares per day over the past ten days. A total of 7.44M shares are outstanding, with a floating share count of 6.97M. Insiders hold about 6.38% of the company’s shares, while institutions hold 8.23% stake in the company. Shares short for KTTA as of 1761868800 were 38606 with a Short Ratio of 0.19, compared to 1759190400 on 21917. Therefore, it implies a Short% of Shares Outstanding of 38606 and a Short% of Float of 0.53.

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