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The closing price of Neumora Therapeutics Inc. (NASDAQ: NMRA) was $9.50 for the day, up 7.34% from the previous closing price of $8.85. In other words, the price has increased by $7.34 from its previous closing price. On the day, 1.26 million shares were traded. NMRA stock price reached its highest trading level at $9.535 during the session, while it also had its lowest trading level at $8.67.
Ratios:
Our analysis of NMRA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.99 and its Current Ratio is at 17.99. In the meantime, Its Debt-to-Equity ratio is 0.01 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 this company, Deutsche Bank on December 12, 2023, initiated with a Hold rating and assigned the stock a target price of $13.
On October 10, 2023, William Blair started tracking the stock assigning a Outperform rating and target price of $26.
On October 10, 2023, Stifel started tracking the stock assigning a Buy rating and target price of $26.Stifel initiated its Buy rating on October 10, 2023, with a $26 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 Nov 14 ’23 when Burow Kristina bought 3,357 shares for $11.98 per share. The transaction valued at 40,217 led to the insider holds 4,131,207 shares of the business.
ARCH Venture Partners XII, LLC bought 3,357 shares of NMRA for $40,217 on Nov 14 ’23. The 10% Owner now owns 4,131,207 shares after completing the transaction at $11.98 per share. On Nov 13 ’23, another insider, ARCH Venture Partners XII, LLC, who serves as the 10% Owner of the company, bought 31,653 shares for $11.75 each. As a result, the insider paid 371,923 and bolstered with 4,127,850 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, NMRA now has a Market Capitalization of 1515478016 and an Enterprise Value of 1097191936.
Stock Price History:
Over the past 52 weeks, NMRA has reached a high of $21.00, while it has fallen to a 52-week low of $8.74. The 50-Day Moving Average of the stock is -4.65%, while the 200-Day Moving Average is calculated to be -26.85%.
Shares Statistics:
NMRA traded an average of 589.97K shares per day over the past three months and 614760 shares per day over the past ten days. A total of 158.83M shares are outstanding, with a floating share count of 54.56M. Insiders hold about 65.80% of the company’s shares, while institutions hold 20.45% stake in the company. Shares short for NMRA as of 1715731200 were 6313891 with a Short Ratio of 11.15, compared to 1713139200 on 5870163. Therefore, it implies a Short% of Shares Outstanding of 6313891 and a Short% of Float of 7.57.
