For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.
Insmed Inc (NASDAQ: INSM) closed the day trading at $66.62 down -4.64% from the previous closing price of $69.86. In other words, the price has decreased by -$4.64 from its previous closing price. On the day, 2.13 million shares were traded. INSM stock price reached its highest trading level at $69.78 during the session, while it also had its lowest trading level at $66.07.
Ratios:
For a better understanding of INSM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.99 and its Current Ratio is at 6.37. In the meantime, Its Debt-to-Equity ratio is 2.41 whereas as Long-Term Debt/Eq ratio is at 2.38.
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, Truist on April 23, 2024, initiated with a Buy rating and assigned the stock a target price of $48.
On February 15, 2024, Wolfe Research started tracking the stock assigning a Outperform rating and target price of $42.
On December 08, 2023, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $55.Wells Fargo initiated its Overweight rating on December 08, 2023, with a $55 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Lewis William sold 18,750 shares for $69.84 per share. The transaction valued at 1,309,500 led to the insider holds 384,960 shares of the business.
Lewis William sold 6,830 shares of INSM for $477,144 on Jan 02 ’25. The Chair and CEO now owns 233,924 shares after completing the transaction at $69.86 per share. On Jan 02 ’25, another insider, Lewis William, who serves as the Officer of the company, bought 25,580 shares for $69.82 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INSM now has a Market Capitalization of 12498112512 and an Enterprise Value of 11610508288. For the stock, the TTM Price-to-Sale (P/S) ratio is 34.71 while its Price-to-Book (P/B) ratio in mrq is 24.65. Its current Enterprise Value per Revenue stands at 33.854 whereas that against EBITDA is -16.704.
Stock Price History:
The Beta on a monthly basis for INSM is 1.11, which has changed by 1.3998625 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, INSM has reached a high of $80.53, while it has fallen to a 52-week low of $21.92. The 50-Day Moving Average of the stock is -6.82%, while the 200-Day Moving Average is calculated to be 9.72%.
Shares Statistics:
Over the past 3-months, INSM traded about 1.49M shares per day on average, while over the past 10 days, INSM traded about 1545170 shares per day. A total of 178.85M shares are outstanding, with a floating share count of 174.61M. Insiders hold about 2.40% of the company’s shares, while institutions hold 105.25% stake in the company. Shares short for INSM as of 1734048000 were 13010105 with a Short Ratio of 8.73, compared to 1731628800 on 12100491. Therefore, it implies a Short% of Shares Outstanding of 13010105 and a Short% of Float of 7.369999600000001.
