Quarterly Snapshot: Quick and Current Ratios for Clearmind Medicine Inc (CMND)

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The closing price of Clearmind Medicine Inc (NASDAQ: CMND) was $1.58 for the day, up 6.04% from the previous closing price of $1.49. In other words, the price has increased by $6.04 from its previous closing price. On the day, 0.86 million shares were traded. CMND stock price reached its highest trading level at $1.75 during the session, while it also had its lowest trading level at $1.55.

Ratios:

Our analysis of CMND’s different ratios will help us gain a deeper understanding of the company. 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 6925519 and an Enterprise Value of -1209740.

Stock Price History:

Over the past 52 weeks, CMND has reached a high of $3.58, while it has fallen to a 52-week low of $0.92. The 50-Day Moving Average of the stock is 13.57%, while the 200-Day Moving Average is calculated to be 18.18%.

Shares Statistics:

CMND traded an average of 1.15M shares per day over the past three months and 5645620 shares per day over the past ten days. A total of 3.98M shares are outstanding, with a floating share count of 2.96M. Insiders hold about 6.69% of the company’s shares, while institutions hold 22.16% stake in the company. Shares short for CMND as of 1734048000 were 112124 with a Short Ratio of 0.10, compared to 1731628800 on 187570. Therefore, it implies a Short% of Shares Outstanding of 112124 and a Short% of Float of 2.56.

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