Mind Medicine Inc (MNMD) Falls -6.35%, Causing Bears To Lose

Mind Medicine Inc (NASDAQ:MNMD) has a beta value of -7.38 and has seen 0.48 million shares traded in the recent trading session. The company, currently valued at $207.54M, closed the recent trade at $7.37 per share which meant it lost -$0.5 on the day or -6.35% during that session. The MNMD stock price is -65.81% off its 52-week high price of $12.22 and 67.3% above the 52-week low of $2.41. The 3-month trading volume is 1.81 million shares.

Mind Medicine Inc (NASDAQ:MNMD) trade information

Sporting -6.35% in the red today, the stock has traded in the red over the last five days, when the MNMD stock price touched $7.37 or saw a rise of 8.22%. Year-to-date, Mind Medicine Inc shares have moved 101.37%, while the 5-day performance has seen it change -10.67%. Over the past 30 days, the shares of Mind Medicine Inc (NASDAQ:MNMD) have changed -20.41%.

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Mind Medicine Inc (MNMD) estimates and forecasts

Figures show that Mind Medicine Inc shares have outperformed across the wider relevant industry. The company’s shares have gained 129.60% over the past 6 months, with this year growth rate of 22.13%, compared to 15.40% for the industry.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 2.29% over the past 5 years.

MNMD Dividends

Mind Medicine Inc is expected to release its next earnings report in July this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.