The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
The closing price of ATAI Life Sciences N.V. (NASDAQ: ATAI) was $2.05 for the day, down -3.30% from the previous closing price of $2.12. In other words, the price has decreased by -$3.30 from its previous closing price. On the day, 0.73 million shares were traded. ATAI stock price reached its highest trading level at $2.1402 during the session, while it also had its lowest trading level at $2.01.
Ratios:
Our analysis of ATAI’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.22 and its Current Ratio is at 9.22. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.
On November 01, 2022, Loop Capital started tracking the stock assigning a Buy rating and target price of $18.
On November 30, 2021, Maxim Group started tracking the stock assigning a Buy rating and target price of $25.Maxim Group initiated its Buy rating on November 30, 2021, with a $25 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 02 ’24 when Rao Srinivas sold 61,640 shares for $1.85 per share. The transaction valued at 114,034 led to the insider holds 113,360 shares of the business.
Kirpekar Sahil sold 35,801 shares of ATAI for $66,232 on Apr 02 ’24. The Chief Business Officer now owns 64,199 shares after completing the transaction at $1.85 per share. On Apr 02 ’24, another insider, Johnson Anne Nagengast, who serves as the Chief Financial Officer of the company, sold 27,410 shares for $1.85 each. As a result, the insider received 50,708 and left with 73,590 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, ATAI now has a Market Capitalization of 343196640 and an Enterprise Value of 183993104. For the stock, the TTM Price-to-Sale (P/S) ratio is 1107.07 while its Price-to-Book (P/B) ratio in mrq is 1.40. Its current Enterprise Value per Revenue stands at 585.965 whereas that against EBITDA is -1.509.
Stock Price History:
Over the past 52 weeks, ATAI has reached a high of $2.85, while it has fallen to a 52-week low of $1.02. The 50-Day Moving Average of the stock is 2.47%, while the 200-Day Moving Average is calculated to be 25.52%.
Shares Statistics:
ATAI traded an average of 1.61M shares per day over the past three months and 931850 shares per day over the past ten days. A total of 166.03M shares are outstanding, with a floating share count of 116.45M. Insiders hold about 30.44% of the company’s shares, while institutions hold 7.89% stake in the company. Shares short for ATAI as of 1713139200 were 5901316 with a Short Ratio of 3.66, compared to 1710460800 on 5205386. Therefore, it implies a Short% of Shares Outstanding of 5901316 and a Short% of Float of 4.62.
