Its Stock Has Paid Off Big Time For Neumora Therapeutics Inc.

With 1.04 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.78 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $10.54 whereas the lowest price it dropped to was $10.04. The 52-week range on NMRA shows that it touched its highest point at $21.00 and its lowest point at $8.33 during that stretch. It currently has a 1-year price target of $23.29.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of NMRA was up-trending over the past week, with a rise of 3.72%, but this was up by 3.83% over a month. Three-month performance dropped to -29.86% while six-month performance fell -35.32%. A look at the trailing 12-month EPS for NMRA yields -1.62 with Next year EPS estimates of -1.57. For the next quarter, that number is -0.37. This implies an EPS growth rate of 59.26% for this year and -6.21% for next year.

Float and Shares Shorts:

At present, 158.83 million NMRA shares are outstanding with a float of 54.56 million shares on hand for trading. On 2024-06-14, short shares totaled 6.42 million, which was 401.99999999999994 higher than short shares on 1715731200. In addition to Mr. Paul L. Berns as the firm’s Co-Founder & Executive Chairman, Mr. Henry O. Gosebruch serves as its President, CEO & Director.

Institutional Ownership:

Through their ownership of 0.54137003 of NMRA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, NMRA reported revenue of $0.0 and operating income of -$60074000.0. The EBITDA in the recently reported quarter was -$59916000.0 and diluted EPS was -$0.34.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for NMRA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.