In recent trading session, InMed Pharmaceuticals Inc (NASDAQ:INM) saw 1.71 million shares changing hands at last check today with its beta currently measuring 0.58. Company’s recent per share price level of $0.28 trading at $0.0 or 0.71% at last check today assigns it a market valuation of $0.94M. That most recent trading price of INM’s stock is at a discount of -642.86% from its 52-week high price of $2.08 and is indicating a premium of 25.0% from its 52-week low price of $0.21. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 2.33 million shares which gives us an average trading volume of 1.09 million 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 today for gaining 0.71%, in the last five days INM remained trading in the green while hitting it’s week-highest on Tuesday, 07/23/24 when the stock touched $0.28 price level, adding 6.98% to its value on the day. InMed Pharmaceuticals Inc’s shares saw a change of -31.97% in year-to-date performance and have moved 6.91% in past 5-day. InMed Pharmaceuticals Inc (NASDAQ:INM) showed a performance of 7.60% in past 30-days. Number of shares sold short was 0.14 million shares which calculate 0.13 days to cover the short interests.
InMed Pharmaceuticals Inc (INM) estimates and forecasts
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.
InMed Pharmaceuticals Inc (NASDAQ:INM)’s Major holders
Insiders are in possession of 0.58% of company’s total shares while institution are holding 4.85 percent of that, with stock having share float percentage of 4.88%. Investors also watch the number of corporate investors in a company very closely, which is 4.85% institutions for InMed Pharmaceuticals Inc that are currently holding shares of the company. SABBY MANAGEMENT, LLC is the top institutional holder at INM for having 0.36 million shares of worth $0.13 million. And as of 2024-03-31, it was holding 4.5366 of the company’s outstanding shares.
The second largest institutional holder is ARMISTICE CAPITAL, LLC, which was holding about 0.27 million shares on 2024-03-31. The number of shares represents firm’s hold over 3.3482 of outstanding shares, having a total worth of $97176.0.
