Psyence Biomedical Ltd’s Market Journey: Closing Weak at 0.08, Down -0.66

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The closing price of Psyence Biomedical Ltd (NASDAQ: PBM) was $0.08 for the day, down -0.66% from the previous closing price of $0.08. In other words, the price has decreased by -$0.66 from its previous closing price. On the day, 3.23 million shares were traded. PBM stock price reached its highest trading level at $0.0829 during the session, while it also had its lowest trading level at $0.075.

Ratios:

Our analysis of PBM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.01 and its Current 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, PBM now has a Market Capitalization of 4797835 and an Enterprise Value of 10728374.

Stock Price History:

Over the past 52 weeks, PBM has reached a high of $14.55, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is -36.67%, while the 200-Day Moving Average is calculated to be -87.72%.

Shares Statistics:

PBM traded an average of 6.11M shares per day over the past three months and 9101720 shares per day over the past ten days. A total of 13.39M shares are outstanding, with a floating share count of 9.32M. Insiders hold about 44.17% of the company’s shares, while institutions hold 5.91% stake in the company. Shares short for PBM as of 1728950400 were 605549 with a Short Ratio of 0.10, compared to 1726185600 on 384189. Therefore, it implies a Short% of Shares Outstanding of 605549 and a Short% of Float of 1.72.

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