Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
The closing price of ATAI Life Sciences N.V (NASDAQ: ATAI) was $1.62 for the day, down -7.43% from the previous closing price of $1.75. In other words, the price has decreased by -$7.43 from its previous closing price. On the day, 2.12 million shares were traded. ATAI stock price reached its highest trading level at $1.82 during the session, while it also had its lowest trading level at $1.61.
Ratios:
Our analysis of ATAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.81 and its Current Ratio is at 5.81. In the meantime, Its Debt-to-Equity ratio is 0.16 whereas as Long-Term Debt/Eq ratio is at 0.15.
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, H.C. Wainwright on November 18, 2024, Reiterated its Buy rating but revised its target price to $10 from $15 previously.
On April 03, 2024, Maxim Group Upgraded its rating to Buy which previously was Hold but kept the price unchanged to $6.
On November 01, 2022, Loop Capital started tracking the stock assigning a Buy rating and target price of $18.Loop Capital initiated its Buy rating on November 01, 2022, with a $18 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 Sep 26 ’24 when ATAI Life Sciences N.V. sold 2,660,000 shares for $6.05 per share. The transaction valued at 16,093,000 led to the insider holds 6,905,774 shares of the business.
Brand Florian sold 151,303 shares of ATAI for $290,502 on May 16 ’24. The insider now owns 328,697 shares after completing the transaction at $1.92 per share. On Apr 02 ’24, another insider, Johnson Anne Nagengast, who serves as the Chief Financial Officer of the company, sold 27,410 shares for $1.85 each. As a result, the insider received 50,708 and left with 73,590 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, ATAI now has a Market Capitalization of 271839232 and an Enterprise Value of 198690336. For the stock, the TTM Price-to-Sale (P/S) ratio is 823.75 while its Price-to-Book (P/B) ratio in mrq is 1.87. Its current Enterprise Value per Revenue stands at 600.273 whereas that against EBITDA is -1.94.
Stock Price History:
Over the past 52 weeks, ATAI has reached a high of $2.85, while it has fallen to a 52-week low of $1.03. The 50-Day Moving Average of the stock is 12.84%, while the 200-Day Moving Average is calculated to be 8.18%.
Shares Statistics:
ATAI traded an average of 1.60M shares per day over the past three months and 2144210 shares per day over the past ten days. A total of 167.82M shares are outstanding, with a floating share count of 117.06M. Insiders hold about 30.24% of the company’s shares, while institutions hold 7.12% stake in the company. Shares short for ATAI as of 1734048000 were 10610076 with a Short Ratio of 6.62, compared to 1731628800 on 9874736. Therefore, it implies a Short% of Shares Outstanding of 10610076 and a Short% of Float of 8.28.
