Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
In the latest session, NeuroOne Medical Technologies Corp (NASDAQ: NMTC) closed at $1.16 up 1.75% from its previous closing price of $1.14. In other words, the price has increased by $1.75 from its previous closing price. On the day, 0.52 million shares were traded. NMTC stock price reached its highest trading level at $1.19 during the session, while it also had its lowest trading level at $1.13.
Ratios:
For a deeper understanding of NeuroOne Medical Technologies Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 3.68. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Craig Hallum on March 29, 2022, Downgraded its rating to Hold and sets its target price to $2 from $6 previously.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 27 ’23 when Christianson Mark sold 31,445 shares for $1.46 per share. The transaction valued at 45,859 led to the insider holds 300,594 shares of the business.
Christianson Mark sold 6,848 shares of NMTC for $9,269 on Dec 26 ’23. The Business Development Director now owns 332,039 shares after completing the transaction at $1.35 per share. On Dec 22 ’23, another insider, Christianson Mark, who serves as the Business Development Director of the company, sold 1,800 shares for $1.40 each. As a result, the insider received 2,520 and left with 338,887 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, NMTC now has a Market Capitalization of 30079844 and an Enterprise Value of 27552610. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.67 while its Price-to-Book (P/B) ratio in mrq is 6.52. Its current Enterprise Value per Revenue stands at 9.786 whereas that against EBITDA is -2.066.
Stock Price History:
Over the past 52 weeks, NMTC has reached a high of $2.00, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -1.26%, while the 200-Day Moving Average is calculated to be -3.36%.
Shares Statistics:
For the past three months, NMTC has traded an average of 192.14K shares per day and 124380 over the past ten days. A total of 23.93M shares are outstanding, with a floating share count of 22.04M. Insiders hold about 15.02% of the company’s shares, while institutions hold 24.97% stake in the company. Shares short for NMTC as of 1711584000 were 365334 with a Short Ratio of 1.90, compared to 1709164800 on 144196. Therefore, it implies a Short% of Shares Outstanding of 365334 and a Short% of Float of 1.47.
