InMed Pharmaceuticals Inc (NASDAQ:INM) Is -4.94% Lower Than A Week Ago, Can It Hit Well Above -$0.0095?

In last trading session, InMed Pharmaceuticals Inc (NASDAQ:INM) saw 0.32 million shares changing hands with its beta currently measuring 0.60. Company’s recent per share price level of $0.25 trading at $0.0 or 0.89% at ring of the bell on the day assigns it a market valuation of $0.83M. That closing price of INM’s stock is at a discount of -732.0% from its 52-week high price of $2.08 and is indicating a premium of 16.0% from its 52-week low price of $0.21. Taking a look at company’s average trading volume volume of 881.49K if we extend that period to 3-months.

For InMed Pharmaceuticals Inc (INM), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 3.00. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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InMed Pharmaceuticals Inc (NASDAQ:INM) trade information

Upright in the green during last session for gaining 0.89%, in the last five days INM remained trading in the red while hitting it’s week-highest on Friday, 06/28/24 when the stock touched $0.25 price level, adding 10.68% to its value on the day. InMed Pharmaceuticals Inc’s shares saw a change of -39.90% in year-to-date performance and have moved -4.94% in past 5-day. InMed Pharmaceuticals Inc (NASDAQ:INM) showed a performance of -18.11% in past 30-days.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 39.17% during past 5 years.

INM Dividends

InMed Pharmaceuticals Inc is more likely to be releasing its next quarterly report in August and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt.