Market Watch: 4D Molecular Therapeutics Inc (FDMT)’s Noteworthy Gain, Closing at 8.67

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As of close of business last night, 4D Molecular Therapeutics Inc’s stock clocked out at $8.67, up 4.21% from its previous closing price of $8.32. In other words, the price has increased by $4.21 from its previous closing price. On the day, 0.75 million shares were traded. FDMT stock price reached its highest trading level at $8.68 during the session, while it also had its lowest trading level at $8.0371.

Ratios:

To gain a deeper understanding of FDMT’s stock, we examine its different ratios. 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.

On April 15, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $459.

On April 15, 2024, Barclays started tracking the stock assigning a Overweight rating and target price of $45.Barclays initiated its Overweight rating on April 15, 2024, with a $45 target price.

Insider Transactions:

Investing in insider trades can also provide an investor with insight into how management views future 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 400794176. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.23 while its Price-to-Book (P/B) ratio in mrq is 0.82.

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 $7.32. The 50-Day Moving Average of the stock is -13.55%, while the 200-Day Moving Average is calculated to be -57.18%.

Shares Statistics:

It appears that FDMT traded 835.35K shares on average per day over the past three months and 1004370 shares per day over the past ten days. A total of 51.97M shares are outstanding, with a floating share count of 43.86M. Insiders hold about 15.61% of the company’s shares, while institutions hold 100.24% stake in the company. Shares short for FDMT as of 1730332800 were 8182326 with a Short Ratio of 9.80, compared to 1727654400 on 10925855. Therefore, it implies a Short% of Shares Outstanding of 8182326 and a Short% of Float of 16.309999.

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