ATAI Life Sciences N.V. (ATAI) Falls -3.28%, Causing Bears To Lose

ATAI Life Sciences N.V. (NASDAQ:ATAI) has a beta value of 0.84 and has seen 0.44 million shares traded in the recent trading session. The company, currently valued at $197.54M, closed the last trade at $1.18 per share which meant it lost -$0.04 on the day or -3.28% during that session. The ATAI stock price is -141.53% off its 52-week high price of $2.85 and 13.56% above the 52-week low of $1.02. If we look at the company’s 10-day average daily trading volume, we find that it stood at 0.7 million shares traded. The 3-month trading volume is 847.91K shares.

The consensus among analysts is that ATAI Life Sciences N.V. (ATAI) is Buy stock at the moment, with a recommendation rating of 1.00. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 0 out of 1 have rated it as a Hold, with 1 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.16.

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ATAI Life Sciences N.V. (NASDAQ:ATAI) trade information

Sporting -3.28% in the red today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the ATAI stock price touched $1.18 or saw a rise of 11.27%. Year-to-date, ATAI Life Sciences N.V. shares have moved -16.31%, while the 5-day performance has seen it change -9.23%. Over the past 30 days, the shares of ATAI Life Sciences N.V. (NASDAQ:ATAI) have changed -28.05%. Short interest in the company has seen 8.78 million shares shorted with days to cover at 13.91.

Wall Street analysts have a consensus price target for the stock at $6, which means that the shares’ value could jump 80.33% from the levels at last check today. The projected low price target is $6.0 while the price target rests at a high of $6.0. In that case, then, we find that the latest price level in today’s session is -408.47% off the targeted high while a plunge would see the stock gain -408.47% from the levels at last check today.

ATAI Life Sciences N.V. (ATAI) estimates and forecasts

Figures show that ATAI Life Sciences N.V. shares have underperformed across the wider relevant industry. The company’s shares have lost -32.18% over the past 6 months, with this year growth rate of -164.00%, compared to 15.40% for the industry. Revenue growth from the last financial year stood is estimated to be -4.50%.

5 have an estimated revenue figure of 300k for the next ending quarter.

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 44.19% over the past 5 years.

ATAI Dividends

ATAI Life Sciences N.V. is expected to release its next earnings report 2024-Nov-05 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.

ATAI Life Sciences N.V. (NASDAQ:ATAI)’s Major holders

Insiders own 10.01% of the company shares, while shares held by institutions stand at 27.66% with a share float percentage of 30.74%. Investors are also buoyed by the number of investors in a company, with ATAI Life Sciences N.V. having a total of 119.0 institutions that hold shares in the company. The top two institutional holders are MORGAN STANLEY with over 2.67 million shares worth more than $5.26 million. As of 2024-03-31, MORGAN STANLEY held 1.6796% of shares outstanding.

The other major institutional holder is MILLENNIUM MANAGEMENT LLC, with the holding of over 2.22 million shares as of 2024-03-31. The firm’s total holdings are worth over $4.37 million and represent 1.3954% of shares outstanding.