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The closing price of Insmed Inc (NASDAQ: INSM) was $71.40 for the day, down -2.22% from the previous closing price of $73.02. In other words, the price has decreased by -$2.22 from its previous closing price. On the day, 1.11 million shares were traded. INSM stock price reached its highest trading level at $73.8 during the session, while it also had its lowest trading level at $71.11.
Ratios:
Our analysis of INSM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 35.53 whereas as Long-Term Debt/Eq ratio is at 29.43.
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 April 23, 2024, initiated with a Buy rating and assigned the stock a target price of $48.
On February 15, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $42.
On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $55.Wells Fargo initiated its Overweight rating on December 08, 2023, with a $55 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 13 ’24 when Smith Michael Alexander sold 27,871 shares for $74.35 per share. The transaction valued at 2,072,223 led to the insider holds 67,856 shares of the business.
Flammer Martina M.D. sold 26,969 shares of INSM for $2,019,978 on Sep 13 ’24. The Chief Medical Officer now owns 106,134 shares after completing the transaction at $74.90 per share. On Sep 16 ’24, another insider, Flammer Martina M.D., who serves as the Chief Medical Officer of the company, sold 13,436 shares for $74.92 each. As a result, the insider received 1,006,625 and left with 106,134 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, INSM now has a Market Capitalization of 12548407296 and an Enterprise Value of 12398990336. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.34 while its Price-to-Book (P/B) ratio in mrq is 306.56. Its current Enterprise Value per Revenue stands at 37.732 whereas that against EBITDA is -19.528.
Stock Price History:
Over the past 52 weeks, INSM has reached a high of $80.53, while it has fallen to a 52-week low of $21.92. The 50-Day Moving Average of the stock is -3.63%, while the 200-Day Moving Average is calculated to be 53.25%.
Shares Statistics:
INSM traded an average of 2.10M shares per day over the past three months and 2089890 shares per day over the past ten days. A total of 171.85M shares are outstanding, with a floating share count of 167.78M. Insiders hold about 2.37% of the company’s shares, while institutions hold 105.44% stake in the company. Shares short for INSM as of 1726185600 were 12218173 with a Short Ratio of 5.82, compared to 1723680000 on 13504646. Therefore, it implies a Short% of Shares Outstanding of 12218173 and a Short% of Float of 7.21.
