Financial Analysis: NeuroOne Medical Technologies Corp (NMTC)’s Ratios Unveil Key Insights

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.83 million shares were traded. NMTC stock price reached its highest trading level at $1.29 during the session, while it also had its lowest trading level at $1.16.


To gain a deeper understanding of NMTC’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.52 and its Current Ratio is at 3.68. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.

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 the company, Craig Hallum on March 29, 2022, Downgraded its rating to Hold and sets its target price to $2 from $6 previously.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 27 ’23 when Christianson Mark sold 31,445 shares for $1.46 per share. The transaction valued at 45,859 led to the insider holds 300,594 shares of the business.

Christianson Mark sold 6,848 shares of NMTC for $9,269 on Dec 26 ’23. The Business Development Director now owns 332,039 shares after completing the transaction at $1.35 per share. On Dec 22 ’23, another insider, Christianson Mark, who serves as the Business Development Director of the company, sold 1,800 shares for $1.40 each. As a result, the insider received 2,520 and left with 338,887 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, NMTC now has a Market Capitalization of 30339152 and an Enterprise Value of 27811920. For the stock, the TTM Price-to-Sale (P/S) ratio is 10.76 while its Price-to-Book (P/B) ratio in mrq is 6.58. Its current Enterprise Value per Revenue stands at 9.878 whereas that against EBITDA is -2.085.

Stock Price History:

Over the past 52 weeks, NMTC has reached a high of $2.00, while it has fallen to a 52-week low of $0.85. The 50-Day Moving Average of the stock is -0.46%, while the 200-Day Moving Average is calculated to be -0.62%.

Shares Statistics:

It appears that NMTC traded 195.97K shares on average per day over the past three months and 98480 shares per day over the past ten days. A total of 23.93M shares are outstanding, with a floating share count of 22.07M. Insiders hold about 14.90% of the company’s shares, while institutions hold 24.97% stake in the company. Shares short for NMTC as of 1713139200 were 308541 with a Short Ratio of 1.57, compared to 1710460800 on 156775. Therefore, it implies a Short% of Shares Outstanding of 308541 and a Short% of Float of 1.24.

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