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 ATAI Life Sciences N.V. (NASDAQ: ATAI) closed at $1.85 in the last session, down -3.14% from day before closing price of $1.91. In other words, the price has decreased by -$3.14 from its previous closing price. On the day, 1.0 million shares were traded. ATAI stock price reached its highest trading level at $1.98 during the session, while it also had its lowest trading level at $1.84.
Ratios:
We take a closer look at ATAI’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.22 and its Current Ratio is at 9.22. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
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:
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 Apr 02 ’24 when Rao Srinivas sold 61,640 shares for $1.85 per share. The transaction valued at 114,034 led to the insider holds 113,360 shares of the business.
Kirpekar Sahil sold 35,801 shares of ATAI for $66,232 on Apr 02 ’24. The Chief Business Officer now owns 64,199 shares after completing the transaction at $1.85 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 307148096 and an Enterprise Value of 150787840. For the stock, the TTM Price-to-Sale (P/S) ratio is 990.82 while its Price-to-Book (P/B) ratio in mrq is 1.26. Its current Enterprise Value per Revenue stands at 480.216 whereas that against EBITDA is -1.236.
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 -5.77%, while the 200-Day Moving Average is calculated to be 12.81%.
Shares Statistics:
According to the various share statistics, ATAI traded on average about 1.62M shares per day over the past 3-months and 1467320 shares per day over the past 10 days. A total of 166.03M shares are outstanding, with a floating share count of 115.49M. Insiders hold about 30.44% of the company’s shares, while institutions hold 8.29% stake in the company. Shares short for ATAI as of 1711584000 were 5549435 with a Short Ratio of 3.42, compared to 1709164800 on 3533948. Therefore, it implies a Short% of Shares Outstanding of 5549435 and a Short% of Float of 4.37.
Earnings Estimates
As of right now, RTAI analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is $24.78, with high estimates of $2.75 and low estimates of $1.85.
