In the latest trading session,, 0.86 million Mind Medicine Inc (NASDAQ:MNMD) shares changed hands as the company’s beta touched -7.28. With the company’s most recent per share price at $8.73 changing hands around $0.38 or 4.52% at last look, the market valuation stands at $245.91M. MNMD’s current price is a discount, trading about -39.98% off its 52-week high of $12.22. The share price had its 52-week low at $2.41, which suggests the last value was 72.39% up since then. When we look at Mind Medicine Inc’s average trading volume, we note the 3-month average coming to 2.41 million.
Mind Medicine Inc (NASDAQ:MNMD) trade information
Instantly MNMD is in green as seen in intraday trades today. With action 4.65%, the performance over the past five days has been green. The jump to weekly highs of 9.31 added 4.52% to the stock’s daily price. The company’s shares are showing year-to-date upside of 138.60%, with the 5-day performance at 4.65% in the green. However, in the 30-day time frame, Mind Medicine Inc (NASDAQ:MNMD) is -3.29% down.
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Mind Medicine Inc (MNMD) estimates and forecasts
Data shows that the Mind Medicine Inc share is performing relatively much better than most of its peers within the same industry. As can be gleaned from the statistics, the company’s share value shot 188.21% over the past 6 months, a 22.13% in annual growth rate that is considerably higher than the industry average of 15.20%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 2.29%. The 2024 estimates are for Mind Medicine Inc earnings to increase by 25.74%.
MNMD Dividends
Mind Medicine Inc is expected to release its next quarterly earnings report in June.
