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After finishing at $8.07 in the prior trading day, 4D Molecular Therapeutics Inc (NASDAQ: FDMT) closed at $7.87, down -2.48%. In other words, the price has decreased by -$2.48 from its previous closing price. On the day, 0.65 million shares were traded. FDMT stock price reached its highest trading level at $8.12 during the session, while it also had its lowest trading level at $7.72.
Ratios:
Our goal is to gain a better understanding of FDMT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 28.48 and its Current Ratio is at 28.48. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
On April 15, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $459.
On April 15, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $45.Barclays initiated its Overweight rating on April 15, 2024, with a $45 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Sep 16 ’24 when Bizily Scott sold 500 shares for $16.33 per share. The transaction valued at 8,165 led to the insider holds 6,781 shares of the business.
Bizily Scott sold 500 shares of FDMT for $7,500 on Aug 19 ’24. The Chief Legal Officer now owns 6,781 shares after completing the transaction at $15.00 per share. On Jul 16 ’24, another insider, Bizily Scott, who serves as the Chief Legal Officer of the company, sold 1,750 shares for $27.11 each. As a result, the insider received 47,442 and left with 6,781 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, FDMT now has a Market Capitalization of 409000736 and an Enterprise Value of -119809024. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.60 while its Price-to-Book (P/B) ratio in mrq is 0.69. Its current Enterprise Value per Revenue stands at -5.926 whereas that against EBITDA is 0.945.
Stock Price History:
Over the past 52 weeks, FDMT has reached a high of $36.25, while it has fallen to a 52-week low of $7.90. The 50-Day Moving Average of the stock is -26.71%, while the 200-Day Moving Average is calculated to be -61.72%.
Shares Statistics:
The stock has traded on average 778.96K shares per day over the past 3-months and 647090 shares per day over the last 10 days, according to various share statistics. A total of 51.97M shares are outstanding, with a floating share count of 43.64M. Insiders hold about 16.04% of the company’s shares, while institutions hold 107.03% stake in the company. Shares short for FDMT as of 1728950400 were 9490542 with a Short Ratio of 10.50, compared to 1726185600 on 9517746. Therefore, it implies a Short% of Shares Outstanding of 9490542 and a Short% of Float of 18.92.