Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The price of 4D Molecular Therapeutics Inc (NASDAQ: FDMT) closed at $5.84 in the last session, down -8.18% from day before closing price of $6.36. In other words, the price has decreased by -$8.18 from its previous closing price. On the day, 0.57 million shares were traded. FDMT stock price reached its highest trading level at $6.4 during the session, while it also had its lowest trading level at $5.83.
Ratios:
We take a closer look at FDMT’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 17.33 and its Current Ratio is at 17.33. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Morgan Stanley on November 21, 2024, initiated with a Underweight rating and assigned the stock a target price of $8.
On April 15, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $459.Barclays initiated its Overweight rating on April 15, 2024, with a $459 target price.
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 Sep 16 ’24 when Bizily Scott sold 500 shares for $16.33 per share. The transaction valued at 8,165 led to the insider holds 6,781 shares of the business.
Bizily Scott sold 500 shares of FDMT for $7,500 on Aug 19 ’24. The Chief Legal Officer now owns 6,781 shares after completing the transaction at $15.00 per share. On Jul 16 ’24, another insider, Bizily Scott, who serves as the Chief Legal Officer of the company, sold 1,750 shares for $27.11 each. As a result, the insider received 47,442 and left with 6,781 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, FDMT now has a Market Capitalization of 269969760.
Stock Price History:
Over the past 52 weeks, FDMT has reached a high of $36.25, while it has fallen to a 52-week low of $5.22. The 50-Day Moving Average of the stock is -19.06%, while the 200-Day Moving Average is calculated to be -64.72%.
Shares Statistics:
According to the various share statistics, FDMT traded on average about 886.14K shares per day over the past 3-months and 849540 shares per day over the past 10 days. A total of 52.00M shares are outstanding, with a floating share count of 38.13M. Insiders hold about 17.53% of the company’s shares, while institutions hold 98.98% stake in the company. Shares short for FDMT as of 1734048000 were 8917026 with a Short Ratio of 10.06, compared to 1731628800 on 7827058. Therefore, it implies a Short% of Shares Outstanding of 8917026 and a Short% of Float of 20.07.
