Neumora Therapeutics Inc. (NMRA)’s Market Momentum: Closing Strong at 12.86, Up 0.39

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As of close of business last night, Neumora Therapeutics Inc.’s stock clocked out at $12.86, up 0.39% from its previous closing price of $12.81. In other words, the price has increased by $0.39 from its previous closing price. On the day, 0.61 million shares were traded. NMRA stock price reached its highest trading level at $13.29 during the session, while it also had its lowest trading level at $12.47.

Ratios:

To gain a deeper understanding of NMRA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.99 and its Current Ratio is at 17.99. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

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, Needham on July 22, 2024, initiated with a Buy rating and assigned the stock a target price of $23.

On July 08, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $20.

On December 12, 2023, Deutsche Bank started tracking the stock assigning a Hold rating and target price of $13.Deutsche Bank initiated its Hold rating on December 12, 2023, with a $13 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 Nov 14 ’23 when Burow Kristina bought 3,357 shares for $11.98 per share. The transaction valued at 40,217 led to the insider holds 4,131,207 shares of the business.

ARCH Venture Partners XII, LLC bought 3,357 shares of NMRA for $40,217 on Nov 14 ’23. The 10% Owner now owns 4,131,207 shares after completing the transaction at $11.98 per share. On Nov 13 ’23, another insider, ARCH Venture Partners XII, LLC, who serves as the 10% Owner of the company, bought 31,653 shares for $11.75 each. As a result, the insider paid 371,923 and bolstered with 4,127,850 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, NMRA now has a Market Capitalization of 2051478528 and an Enterprise Value of 1625216384.

Stock Price History:

Over the past 52 weeks, NMRA has reached a high of $21.00, while it has fallen to a 52-week low of $8.33. The 50-Day Moving Average of the stock is 24.76%, while the 200-Day Moving Average is calculated to be 0.60%.

Shares Statistics:

It appears that NMRA traded 807.17K shares on average per day over the past three months and 589530 shares per day over the past ten days. A total of 158.83M shares are outstanding, with a floating share count of 54.56M. Insiders hold about 65.80% of the company’s shares, while institutions hold 20.54% stake in the company. Shares short for NMRA as of 1721001600 were 8860430 with a Short Ratio of 10.98, compared to 1718323200 on 6417657. Therefore, it implies a Short% of Shares Outstanding of 8860430 and a Short% of Float of 10.6300004.

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