Now Is The Time To Build A Position In Bright Minds Biosciences Inc (NASDAQ:DRUG)

In last trading session, Bright Minds Biosciences Inc (NASDAQ:DRUG) saw 26.96 million shares changing hands with its beta currently measuring 1.91. Company’s recent per share price level of $47.21 trading at $25.51 or 117.56% at ring of the bell on the day assigns it a market valuation of $210.56M. That closing price of DRUG’s stock is at a premium of 18.47% from its 52-week high price of $38.49 and is indicating a premium of 98.03% from its 52-week low price of $0.93. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 14.05 million shares which gives us an average trading volume of 2.26 million if we extend that period to 3-months.

Bright Minds Biosciences Inc (NASDAQ:DRUG) trade information

Upright in the green during last session for gaining 117.56%, in the last five days DRUG remained trading in the green while hitting it’s week-highest on Friday, 10/18/24 when the stock touched $47.21 price level, adding 40.26% to its value on the day. Bright Minds Biosciences Inc’s shares saw a change of 3201.40% in year-to-date performance and have moved 4271.70% in past 5-day. Bright Minds Biosciences Inc (NASDAQ:DRUG) showed a performance of 3695.93% in past 30-days. Number of shares sold short was 85132.0 shares which calculate 3.5 days to cover the short interests.

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Bright Minds Biosciences Inc (DRUG) 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 -137.36% during past 5 years.

Bright Minds Biosciences Inc (NASDAQ:DRUG)’s Major holders

Insiders are in possession of 31.00% of company’s total shares while institution are holding 4.42 percent of that, with stock having share float percentage of 6.41%. Investors also watch the number of corporate investors in a company very closely, which is 4.42% institutions for Bright Minds Biosciences Inc that are currently holding shares of the company.