For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
The price of InMed Pharmaceuticals Inc (NASDAQ: INM) closed at $2.51 in the last session, up 6.36% from day before closing price of $2.36. In other words, the price has increased by $6.36 from its previous closing price. On the day, 96024.0 shares were traded. INM stock price reached its highest trading level at $2.51 during the session, while it also had its lowest trading level at $2.32.
Ratios:
We take a closer look at INM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.04 and its Current Ratio is at 3.49. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.06.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jul 31 ’24 when MANCINI ALEXANDRA DIANE JANET sold 240 shares for $0.18 per share. The transaction valued at 42 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INM now has a Market Capitalization of 3030047 and an Enterprise Value of -841777. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.62 while its Price-to-Book (P/B) ratio in mrq is 0.43. Its current Enterprise Value per Revenue stands at -0.171 whereas that against EBITDA is 0.107.
Stock Price History:
The Beta on a monthly basis for INM is 0.27, which has changed by -0.4726891 over the last 52 weeks, in comparison to a change of 0.092761636 over the same period for the S&P500. Over the past 52 weeks, INM has reached a high of $15.70, while it has fallen to a 52-week low of $1.72. The 50-Day Moving Average of the stock is -9.63%, while the 200-Day Moving Average is calculated to be -34.80%.
Shares Statistics:
According to the various share statistics, INM traded on average about 1.31M shares per day over the past 3-months and 172590 shares per day over the past 10 days. A total of 1.21M shares are outstanding, with a floating share count of 1.20M. Insiders hold about 0.39% of the company’s shares, while institutions hold 7.19% stake in the company. Shares short for INM as of 1748563200 were 49608 with a Short Ratio of 0.04, compared to 1745971200 on 31503. Therefore, it implies a Short% of Shares Outstanding of 49608 and a Short% of Float of 4.1199997.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
