For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Larimar Therapeutics Inc (NASDAQ: LRMR) was $1.87 for the day, down -4.59% from the previous closing price of $1.96. In other words, the price has decreased by -$4.59 from its previous closing price. On the day, 0.75 million shares were traded. LRMR stock price reached its highest trading level at $1.98 during the session, while it also had its lowest trading level at $1.735.
Ratios:
Our analysis of LRMR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 8.02 and its Current Ratio is at 8.02. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.02.
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, Truist on January 29, 2025, initiated with a Buy rating and assigned the stock a target price of $18.
On October 16, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $26.
On October 03, 2024, Wedbush started tracking the stock assigning a Outperform rating and target price of $22.Wedbush initiated its Outperform rating on October 03, 2024, with a $22 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LRMR now has a Market Capitalization of 119732176 and an Enterprise Value of -52842332.
Stock Price History:
The Beta on a monthly basis for LRMR is 0.96, which has changed by -0.734375 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, LRMR has reached a high of $11.20, while it has fallen to a 52-week low of $1.85. The 50-Day Moving Average of the stock is -35.62%, while the 200-Day Moving Average is calculated to be -68.52%.
Shares Statistics:
LRMR traded an average of 700.73K shares per day over the past three months and 1144220 shares per day over the past ten days. A total of 63.82M shares are outstanding, with a floating share count of 36.59M. Insiders hold about 42.86% of the company’s shares, while institutions hold 59.04% stake in the company. Shares short for LRMR as of 1741910400 were 5077276 with a Short Ratio of 7.25, compared to 1739491200 on 5375685. Therefore, it implies a Short% of Shares Outstanding of 5077276 and a Short% of Float of 12.1800005.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
