In recent trading session, Larimar Therapeutics Inc (NASDAQ:LRMR) saw 0.56 million shares changing hands at last check today with its beta currently measuring 0.93. Company’s recent per share price level of $8.86 trading at $0.7 or 8.62% at last check today assigns it a market valuation of $565.55M. That most recent trading price of LRMR’s stock is at a discount of -54.4% from its 52-week high price of $13.68 and is indicating a premium of 75.4% from its 52-week low price of $2.18. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.61 million shares which gives us an average trading volume of 605.64K if we extend that period to 3-months.

For Larimar Therapeutics Inc (LRMR), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.09. Splitting up the data highlights that, out of 2 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.31 in the current quarter.

Larimar Therapeutics Inc (NASDAQ:LRMR) trade information

Upright in the green today for gaining 8.62%, in the last five days LRMR remained trading in the green while hitting it’s week-highest on Thursday, 11/07/24 when the stock touched $8.86 price level, subtracting -4.36% to its value on the day. Larimar Therapeutics Inc’s shares saw a change of 94.80% in year-to-date performance and have moved 7.76% in past 5-day. Larimar Therapeutics Inc (NASDAQ:LRMR) showed a performance of 25.90% in past 30-days. Number of shares sold short was 3.71 million shares which calculate 4.53 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 22 to the stock, which implies a rise of 59.73% to its recent value today. Analysts have been projecting 14 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -58.01% in reaching the projected high whereas dropping to the targeted low would mean a loss of -58.01% for stock’s current value.

Larimar Therapeutics Inc (LRMR) estimates and forecasts

Statistics highlight that Larimar Therapeutics Inc is scoring comparatively lower than the scores of other players of the relevant industry. The company added 12.77% of value to its shares in past 6 months, showing an annual growth rate of -38.10% while that of industry is 18.90. Apart from that, the company came lowering its revenue forecast for fiscal year 2024.

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 48.33% during past 5 years.

Larimar Therapeutics Inc (NASDAQ:LRMR)’s Major holders

Insiders are in possession of 1.45% of company’s total shares while institution are holding 107.63 percent of that, with stock having share float percentage of 109.21%. Investors also watch the number of corporate investors in a company very closely, which is 107.63% institutions for Larimar Therapeutics Inc that are currently holding shares of the company. DEERFIELD MANAGEMENT COMPANY, L.P. (SERIES C) is the top institutional holder at LRMR for having 21.23 million shares of worth $153.93 million. And as of 2024-06-30, it was holding 39.6461 of the company’s outstanding shares.

The second largest institutional holder is RA CAPITAL MANAGEMENT, L.P., which was holding about 6.05 million shares on 2024-06-30. The number of shares represents firm’s hold over 11.2884 of outstanding shares, having a total worth of $43.83 million.