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 Mind Medicine Inc (NASDAQ: MNMD) was $9.91 for the day, up 2.80% from the previous closing price of $9.64. In other words, the price has increased by $2.80 from its previous closing price. On the day, 1.04 million shares were traded. MNMD stock price reached its highest trading level at $9.93 during the session, while it also had its lowest trading level at $9.54.
Ratios:
Our analysis of MNMD’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 7.27 and its Current Ratio is at 7.27. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.10.
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, Evercore ISI on January 28, 2025, initiated with a Outperform rating and assigned the stock a target price of $23.
On December 20, 2024, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $20.
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 Jun 25 ’25 when Sullivan Mark sold 11,491 shares for $6.80 per share. The transaction valued at 78,139 led to the insider holds 305,130 shares of the business.
Karlin Daniel sold 7,848 shares of MNMD for $53,366 on Jun 25 ’25. The Chief Medical Officer now owns 438,329 shares after completing the transaction at $6.80 per share. On Jun 25 ’25, another insider, Barrow Robert, who serves as the Chief Executive Officer of the company, sold 26,491 shares for $6.80 each. As a result, the insider received 180,139 and left with 830,065 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, MNMD now has a Market Capitalization of 748733120 and an Enterprise Value of 558327872.
Stock Price History:
The Beta on a monthly basis for MNMD is 2.93, which has changed by 0.052016973 over the last 52 weeks, in comparison to a change of 0.17774606 over the same period for the S&P500. Over the past 52 weeks, MNMD has reached a high of $10.44, while it has fallen to a 52-week low of $4.70. The 50-Day Moving Average of the stock is 32.78%, while the 200-Day Moving Average is calculated to be 41.74%.
Shares Statistics:
MNMD traded an average of 1.19M shares per day over the past three months and 1401020 shares per day over the past ten days. A total of 75.51M shares are outstanding, with a floating share count of 72.87M. Insiders hold about 3.55% of the company’s shares, while institutions hold 54.00% stake in the company. Shares short for MNMD as of 1751241600 were 11165609 with a Short Ratio of 9.40, compared to 1748563200 on 11783994. Therefore, it implies a Short% of Shares Outstanding of 11165609 and a Short% of Float of 14.89.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
