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The closing price of Neumora Therapeutics Inc (NASDAQ: NMRA) was $9.67 for the day, down -0.72% from the previous closing price of $9.74. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 1.96 million shares were traded. NMRA stock price reached its highest trading level at $9.97 during the session, while it also had its lowest trading level at $9.61.
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 10.98 and its Current Ratio is at 10.98. 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 the company, JP Morgan on November 05, 2024, Downgraded its rating to Neutral and sets its target price to $15 from $18 previously.
On October 01, 2024, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $30.
On July 22, 2024, Needham started tracking the stock assigning a Buy rating and target price of $23.Needham initiated its Buy rating on July 22, 2024, with a $23 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 Oct 18 ’24 when Fust Matthew K sold 14,049 shares for $17.03 per share. The transaction valued at 239,319 led to the insider holds 20,100 shares of the business.
Fust Matthew K sold 7,739 shares of NMRA for $131,643 on Oct 17 ’24. The Director now owns 20,100 shares after completing the transaction at $17.01 per share. On Oct 18 ’24, another insider, Fust Matthew K, who serves as the Director of the company, bought 14,049 shares for $17.03 each.
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 1562294784 and an Enterprise Value of 1179436288.
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 $8.33. The 50-Day Moving Average of the stock is -24.88%, while the 200-Day Moving Average is calculated to be -21.51%.
Shares Statistics:
NMRA traded an average of 1.04M shares per day over the past three months and 1082470 shares per day over the past ten days. A total of 158.83M shares are outstanding, with a floating share count of 53.81M. Insiders hold about 66.37% of the company’s shares, while institutions hold 30.05% stake in the company. Shares short for NMRA as of 1730332800 were 9367098 with a Short Ratio of 8.98, compared to 1727654400 on 9681279. Therefore, it implies a Short% of Shares Outstanding of 9367098 and a Short% of Float of 11.17.
