Metric Deep Dive: Understanding Clearmind Medicine Inc (CMND) Through its Ratios

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After finishing at $1.33 in the prior trading day, Clearmind Medicine Inc (NASDAQ: CMND) closed at $1.28, down -3.76%. In other words, the price has decreased by -$3.76 from its previous closing price. On the day, 61192.0 shares were traded. CMND stock price reached its highest trading level at $1.35 during the session, while it also had its lowest trading level at $1.27.

Ratios:

Our goal is to gain a better understanding of CMND by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.71 and its Current Ratio is at 1.71. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CMND now has a Market Capitalization of 5211315 and an Enterprise Value of -2426641.

Stock Price History:

Over the past 52 weeks, CMND has reached a high of $6.80, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is -6.88%, while the 200-Day Moving Average is calculated to be -5.15%.

Shares Statistics:

The stock has traded on average 258.03K shares per day over the past 3-months and 88660 shares per day over the last 10 days, according to various share statistics. A total of 3.17M shares are outstanding, with a floating share count of 3.01M. Insiders hold about 5.13% of the company’s shares, while institutions hold 22.16% stake in the company. Shares short for CMND as of 1731628800 were 187570 with a Short Ratio of 0.73, compared to 1728950400 on 217363. Therefore, it implies a Short% of Shares Outstanding of 187570 and a Short% of Float of 4.61.

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