In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of NeuroOne Medical Technologies Corp (NASDAQ: NMTC) closed at $1.05 in the last session, up 0.95% from day before closing price of $1.04. In other words, the price has increased by $0.95 from its previous closing price. On the day, 0.19 million shares were traded. NMTC stock price reached its highest trading level at $1.09 during the session, while it also had its lowest trading level at $1.0.
Ratios:
We take a closer look at NMTC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.84 and its Current Ratio is at 2.03. In the meantime, Its Debt-to-Equity ratio is 0.32 whereas as Long-Term Debt/Eq ratio is at 0.23.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 06 ’24 when Christianson Mark sold 2,189 shares for $0.88 per share. The transaction valued at 1,918 led to the insider holds 295,035 shares of the business.
Christianson Mark sold 25,800 shares of NMTC for $22,663 on Jun 05 ’24. The Business Development Director now owns 297,224 shares after completing the transaction at $0.88 per share.
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 32383888 and an Enterprise Value of 23036148. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.39 while its Price-to-Book (P/B) ratio in mrq is 39.37. Its current Enterprise Value per Revenue stands at 5.873 whereas that against EBITDA is -1.921.
Stock Price History:
The Beta on a monthly basis for NMTC is 0.64, which has changed by -0.25 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, NMTC has reached a high of $1.59, while it has fallen to a 52-week low of $0.55. The 50-Day Moving Average of the stock is 28.23%, while the 200-Day Moving Average is calculated to be 15.62%.
Shares Statistics:
According to the various share statistics, NMTC traded on average about 193.71K shares per day over the past 3-months and 289230 shares per day over the past 10 days. A total of 30.82M shares are outstanding, with a floating share count of 26.66M. Insiders hold about 13.61% of the company’s shares, while institutions hold 19.40% stake in the company. Shares short for NMTC as of 1732838400 were 95520 with a Short Ratio of 0.36, compared to 1730332800 on 122753. Therefore, it implies a Short% of Shares Outstanding of 95520 and a Short% of Float of 0.32.
