Daily Market Movement: NewAmsterdam Pharma Company NV (NAMS) Sees a 0.69 Increase, Closing at 24.76

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The closing price of NewAmsterdam Pharma Company NV (NASDAQ: NAMS) was $24.76 for the day, up 0.69% from the previous closing price of $24.59. In other words, the price has increased by $0.69 from its previous closing price. On the day, 0.63 million shares were traded. NAMS stock price reached its highest trading level at $24.835 during the session, while it also had its lowest trading level at $24.36.

Ratios:

Our analysis of NAMS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.61 and its Current Ratio is at 10.61. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

On March 14, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $35.

On January 18, 2024, Guggenheim started tracking the stock assigning a Buy rating and target price of $30.Guggenheim initiated its Buy rating on January 18, 2024, with a $30 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 Oct 01 ’24 when Kooij Louise Frederika sold 45,000 shares for $15.72 per share. The transaction valued at 707,400 led to the insider holds 0 shares of the business.

Kooij Louise Frederika bought 45,000 shares of NAMS for $778,050 on Oct 01 ’24. On Sep 26 ’24, another insider, Audet Juliette Berangere, who serves as the Chief Business Officer of the company, bought 1,104 shares for $15.70 each. As a result, the insider paid 17,333 and bolstered with 1,104 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, NAMS now has a Market Capitalization of 2287474944 and an Enterprise Value of 1849545600. Its current Enterprise Value per Revenue stands at 55.056 whereas that against EBITDA is -10.049.

Stock Price History:

Over the past 52 weeks, NAMS has reached a high of $26.35, while it has fallen to a 52-week low of $8.64. The 50-Day Moving Average of the stock is 37.50%, while the 200-Day Moving Average is calculated to be 27.76%.

Shares Statistics:

NAMS traded an average of 328.47K shares per day over the past three months and 446870 shares per day over the past ten days. A total of 82.47M shares are outstanding, with a floating share count of 44.68M. Insiders hold about 51.64% of the company’s shares, while institutions hold 37.25% stake in the company. Shares short for NAMS as of 1728950400 were 548709 with a Short Ratio of 2.19, compared to 1726185600 on 422468. Therefore, it implies a Short% of Shares Outstanding of 548709 and a Short% of Float of 1.0299999.

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