Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
As of close of business last night, Larimar Therapeutics Inc’s stock clocked out at $3.75, down -0.27% from its previous closing price of $3.76. In other words, the price has decreased by -$0.27 from its previous closing price. On the day, 1.26 million shares were traded. LRMR stock price reached its highest trading level at $4.0099 during the session, while it also had its lowest trading level at $3.65.
Ratios:
To gain a deeper understanding of LRMR’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.48 and its Current Ratio is at 7.48. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 this company, Truist on January 29, 2025, initiated with a Buy rating and assigned the stock a target price of $18.
On October 16, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $26.
On October 03, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $22.Wedbush initiated its Outperform rating on October 03, 2024, with a $22 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LRMR now has a Market Capitalization of 240104624 and an Enterprise Value of 87444592.
Stock Price History:
The Beta on a monthly basis for LRMR is 0.95, which has changed by -0.60609245 over the last 52 weeks, in comparison to a change of 0.16564083 over the same period for the S&P500. Over the past 52 weeks, LRMR has reached a high of $9.97, while it has fallen to a 52-week low of $1.61. The 50-Day Moving Average of the stock is 36.49%, while the 200-Day Moving Average is calculated to be -5.43%.
Shares Statistics:
It appears that LRMR traded 1.25M shares on average per day over the past three months and 920010 shares per day over the past ten days. A total of 64.03M shares are outstanding, with a floating share count of 36.46M. Insiders hold about 43.06% of the company’s shares, while institutions hold 62.39% stake in the company. Shares short for LRMR as of 1752537600 were 6145819 with a Short Ratio of 5.03, compared to 1749772800 on 6493245. Therefore, it implies a Short% of Shares Outstanding of 6145819 and a Short% of Float of 17.37.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
