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The price of Insmed Inc (NASDAQ: INSM) closed at $76.53 in the last session, down -0.75% from day before closing price of $77.11. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 1.52 million shares were traded. INSM stock price reached its highest trading level at $77.7594 during the session, while it also had its lowest trading level at $76.01.
Ratios:
We take a closer look at INSM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.53 and its Current Ratio is at 2.71. In the meantime, Its Debt-to-Equity ratio is 35.53 whereas as Long-Term Debt/Eq ratio is at 29.43.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 22 ’24 when McCarthy Daniel Joseph bought 34,162 shares for $32.63 per share.
Smith Michael Alexander sold 88,070 shares of INSM for $6,425,466 on Aug 12 ’24. The Chief Legal Officer now owns 88,727 shares after completing the transaction at $72.96 per share. On Aug 12 ’24, another insider, Schaeffer Orlov S Nicole, who serves as the Chief People Strategy Officer of the company, sold 9,469 shares for $72.49 each. As a result, the insider received 686,408 and left with 100,100 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, INSM now has a Market Capitalization of 13251321856 and an Enterprise Value of 13280575488. For the stock, the TTM Price-to-Sale (P/S) ratio is 40.02 while its Price-to-Book (P/B) ratio in mrq is 328.58. Its current Enterprise Value per Revenue stands at 40.415 whereas that against EBITDA is -20.916.
Stock Price History:
Over the past 52 weeks, INSM has reached a high of $80.53, while it has fallen to a 52-week low of $21.21. The 50-Day Moving Average of the stock is 5.23%, while the 200-Day Moving Average is calculated to be 88.43%.
Shares Statistics:
According to the various share statistics, INSM traded on average about 3.67M shares per day over the past 3-months and 2824430 shares per day over the past 10 days. A total of 171.85M shares are outstanding, with a floating share count of 167.48M. Insiders hold about 2.54% of the company’s shares, while institutions hold 101.77% stake in the company. Shares short for INSM as of 1723680000 were 13504646 with a Short Ratio of 3.68, compared to 1721001600 on 14868059. Therefore, it implies a Short% of Shares Outstanding of 13504646 and a Short% of Float of 7.969999999999999.
