Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Mirum Pharmaceuticals Inc (NASDAQ: MIRM) closed the day trading at $46.97 down -7.02% from the previous closing price of $50.52. In other words, the price has decreased by -$7.02 from its previous closing price. On the day, 0.97 million shares were traded.
Ratios:
For a better understanding of MIRM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.15 and its Current Ratio is at 3.34. In the meantime, Its Debt-to-Equity ratio is 1.37 whereas as Long-Term Debt/Eq ratio is at 1.36.
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, Stifel on April 17, 2024, initiated with a Buy rating and assigned the stock a target price of $48.
On December 18, 2023, H.C. Wainwright reiterated its Buy rating and also upped its target price recommendation from $60 to $58.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 03 ’25 when Radovich Peter sold 2,627 shares for $48.22 per share. The transaction valued at 126,681 led to the insider holds 26,961 shares of the business.
Peetz Christopher sold 9,102 shares of MIRM for $438,921 on Feb 03 ’25. The CHIEF EXECUTIVE OFFICER now owns 115,920 shares after completing the transaction at $48.22 per share. On Feb 03 ’25, another insider, Howe Jolanda, who serves as the SVP, GLOBAL CONTROLLER of the company, sold 1,064 shares for $48.22 each. As a result, the insider received 51,309 and left with 4,232 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.34 while its Price-to-Book (P/B) ratio in mrq is 9.71.
Stock Price History:
Over the past 52 weeks, MIRM has reached a high of $54.23, while it has fallen to a 52-week low of $23.14. The 50-Day Moving Average of the stock is 0.87%, while the 200-Day Moving Average is calculated to be 17.83%.
Shares Statistics:
A total of 47.97M shares are outstanding, with a floating share count of 38.13M. Insiders hold about 20.57% of the company’s shares, while institutions hold 93.51% stake in the company.
