Market Insight: ATAI Life Sciences N.V. (ATAI)’s Notable Gain, Closing at 1.28

Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

In the latest session, ATAI Life Sciences N.V. (NASDAQ: ATAI) closed at $1.28 up 6.67% from its previous closing price of $1.20. In other words, the price has increased by $6.67 from its previous closing price. On the day, 0.9 million shares were traded. ATAI stock price reached its highest trading level at $1.3 during the session, while it also had its lowest trading level at $1.1997.

Ratios:

For a deeper understanding of ATAI Life Sciences N.V.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.68 and its Current Ratio is at 6.68. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.

On November 01, 2022, Loop Capital started tracking the stock assigning a Buy rating and target price of $18.

On November 30, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $25.Maxim Group initiated its Buy rating on November 30, 2021, with a $25 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 214782720 and an Enterprise Value of 135587744. For the stock, the TTM Price-to-Sale (P/S) ratio is 565.22 while its Price-to-Book (P/B) ratio in mrq is 1.28. Its current Enterprise Value per Revenue stands at 358.698 whereas that against EBITDA is -1.295.

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 $1.02. The 50-Day Moving Average of the stock is 5.56%, while the 200-Day Moving Average is calculated to be -20.69%.

Shares Statistics:

For the past three months, ATAI has traded an average of 589.44K shares per day and 708310 over the past ten days. A total of 166.03M shares are outstanding, with a floating share count of 117.07M. Insiders hold about 30.23% of the company’s shares, while institutions hold 7.40% stake in the company. Shares short for ATAI as of 1727654400 were 9484569 with a Short Ratio of 16.09, compared to 1724976000 on 8780745. Therefore, it implies a Short% of Shares Outstanding of 9484569 and a Short% of Float of 7.3999999999999995.

Most Popular