During the last session, ATAI Life Sciences N.V. (NASDAQ:ATAI)’s traded shares were 0.71 million, with the beta value of the company hitting 0.84. At the end of the trading day, the stock’s price was $1.27, reflecting an intraday loss of -3.05% or -$0.04. The 52-week high for the ATAI share is $2.85, that puts it down -124.41 from that peak though still a striking 19.69% gain since the share price plummeted to a 52-week low of $1.02. The company’s market capitalization is $212.61M, and the average intraday trading volume over the past 10 days was 0.66 million shares, and the average trade volume was 831.34K shares over the past three months.
ATAI Life Sciences N.V. (ATAI) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. ATAI has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.16.
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ATAI Life Sciences N.V. (NASDAQ:ATAI) trade information
ATAI Life Sciences N.V. (ATAI) registered a -3.05% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -3.05% in intraday trading to $1.27, hitting a weekly high. The stock’s 5-day price performance is -8.63%, and it has moved by -13.01% in 30 days. Based on these gigs, the overall price performance for the year is -27.84%. The short interest in ATAI Life Sciences N.V. (NASDAQ:ATAI) is 9.28 million shares and it means that shorts have 10.99 day(s) to cover.
The consensus price target of analysts on Wall Street is $6, which implies an increase of 78.83% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $6 respectively. As a result, ATAI is trading at a discount of -372.44% off the target high and -372.44% off the low.
ATAI Life Sciences N.V. (ATAI) estimates and forecasts
Statistics show that ATAI Life Sciences N.V. has underperformed its competitors in share price, compared to the industry in which it operates. ATAI Life Sciences N.V. (ATAI) shares have gone down -27.43% during the last six months, with a year-to-date growth rate less than the industry average at -164.00% against 15.20. In the rating firms’ projections, revenue will decrease -4.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be nan as predicted by 5 analyst(s). Meanwhile, a consensus of 5 analyst(s) estimates revenue growth to nan by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 172k and 87k respectively.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 44.19%. While earnings are projected to return -152.42% in 2024.
ATAI Dividends
ATAI Life Sciences N.V. is due to release its next quarterly earnings 2024-Aug-12. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
ATAI Life Sciences N.V. (NASDAQ:ATAI)’s Major holders
ATAI Life Sciences N.V. insiders own 10.01% of total outstanding shares while institutional holders control 27.76%, with the float percentage being 30.85%. MORGAN STANLEY is the largest shareholder of the company, while 119.0 institutions own stock in it. As of 2024-03-31, the company held over 2.67 million shares (or 1.6796% of all shares), a total value of $5.26 million in shares.
The next largest institutional holding, with 2.22 million shares, is of MILLENNIUM MANAGEMENT LLC’s that is approximately 1.3954% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $4.37 million.
Also, the Mutual Funds coming in first place with the largest holdings of ATAI Life Sciences N.V. (ATAI) shares are iShares Biotechnology ETF and Morgan Stanley Inst Fund Inc-Inception Port . Data provided on Jun 30, 2024 indicates that iShares Biotechnology ETF owns about 850.2 shares. This amounts to just over 0.51 percent of the company’s overall shares, with a $1.08 million market value. The same data shows that the other fund manager holds slightly less at 552.37, or about 0.33% of the stock, which is worth about $0.7 million.
