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InMed Pharmaceuticals Inc (NASDAQ: INM) closed the day trading at $0.27 down -0.30% from the previous closing price of $0.27. In other words, the price has decreased by -$0.30 from its previous closing price. On the day, 0.63 million shares were traded. INM stock price reached its highest trading level at $0.283 during the session, while it also had its lowest trading level at $0.2602.
Ratios:
For a better understanding of INM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.80 and its Current Ratio is at 6.58. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.07.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Feb 21 ’24 when HULL ANDREW bought 37,500 shares for $0.39 per share. The transaction valued at 14,625 led to the insider holds 38,258 shares of the business.
ADAMS ERIC A bought 41,600 shares of INM for $14,922 on Feb 20 ’24. The President & CEO now owns 43,959 shares after completing the transaction at $0.36 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INM now has a Market Capitalization of 2400984 and an Enterprise Value of -4322940. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.16 while its Price-to-Book (P/B) ratio in mrq is 0.15. Its current Enterprise Value per Revenue stands at -0.768 whereas that against EBITDA is 0.673.
Stock Price History:
Over the past 52 weeks, INM has reached a high of $2.08, while it has fallen to a 52-week low of $0.21. The 50-Day Moving Average of the stock is -0.69%, while the 200-Day Moving Average is calculated to be -28.05%.
Shares Statistics:
Over the past 3-months, INM traded about 816.27K shares per day on average, while over the past 10 days, INM traded about 573870 shares per day. A total of 3.33M shares are outstanding, with a floating share count of 3.29M. Insiders hold about 1.13% of the company’s shares, while institutions hold 20.61% stake in the company. Shares short for INM as of 1719532800 were 84651 with a Short Ratio of 0.10, compared to 1717113600 on 42495. Therefore, it implies a Short% of Shares Outstanding of 84651 and a Short% of Float of 0.95.
