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The closing price of 4D Molecular Therapeutics Inc (NASDAQ: FDMT) was $8.20 for the day, down -4.32% from the previous closing price of $8.57. In other words, the price has decreased by -$4.32 from its previous closing price. On the day, 0.51 million shares were traded. FDMT stock price reached its highest trading level at $8.61 during the session, while it also had its lowest trading level at $8.13.
Ratios:
Our analysis of FDMT’s different ratios will help us gain a deeper understanding of the company. 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:
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 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 445379712 and an Enterprise Value of -102139360. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.38 while its Price-to-Book (P/B) ratio in mrq is 0.72. Its current Enterprise Value per Revenue stands at -5.052 whereas that against EBITDA is 0.806.
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 -32.44%, while the 200-Day Moving Average is calculated to be -61.04%.
Shares Statistics:
FDMT traded an average of 771.35K shares per day over the past three months and 784600 shares per day over the past ten days. 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 107.46% stake in the company. Shares short for FDMT as of 1728950400 were 9490542 with a Short Ratio of 12.30, compared to 1726185600 on 9517746. Therefore, it implies a Short% of Shares Outstanding of 9490542 and a Short% of Float of 18.92.
