NewAmsterdam Pharma Company NV (NASDAQ:NAMS) Is 35.35% Higher Than A Week Ago, Can It Hit Well Above $6.30?

In last trading session, NewAmsterdam Pharma Company NV (NASDAQ:NAMS) saw 0.6 million shares changing hands with its beta currently measuring 0.11. Company’s recent per share price level of $24.12 trading at $1.48 or 6.54% at ring of the bell on the day assigns it a market valuation of $2.23B. That closing price of NAMS’s stock is at a discount of -9.25% from its 52-week high price of $26.35 and is indicating a premium of 64.18% from its 52-week low price of $8.64. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.37 million shares which gives us an average trading volume of 315.32K if we extend that period to 3-months.

For NewAmsterdam Pharma Company NV (NAMS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. 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. The company is expected to be making an EPS of -0.51 in the current quarter.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

NewAmsterdam Pharma Company NV (NASDAQ:NAMS) trade information

Upright in the green during last session for gaining 6.54%, in the last five days NAMS remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $24.12 price level, adding 0.86% to its value on the day. NewAmsterdam Pharma Company NV’s shares saw a change of 115.94% in year-to-date performance and have moved 35.35% in past 5-day. NewAmsterdam Pharma Company NV (NASDAQ:NAMS) showed a performance of 36.89% in past 30-days. Number of shares sold short was 0.55 million shares which calculate 2.12 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 36.5 to the stock, which implies a rise of 33.92% to its current value. Analysts have been projecting 36 as a low price target for the stock while placing it at a high target of 37. It follows that stock’s current price would drop -49.25% in reaching the projected high whereas dropping to the targeted low would mean a loss of -49.25% for stock’s current value.

NewAmsterdam Pharma Company NV (NAMS) estimates and forecasts

Statistics highlight that NewAmsterdam Pharma Company NV is scoring comparatively lower than the scores of other players of the relevant industry. The company added 12.55% of value to its shares in past 6 months, showing an annual growth rate of -9.30% while that of industry is 18.50. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -9.20% from the last financial year’s standing.

9 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 3.82M for the same. Company posted 788k and 1.4M of sales in current and next quarters respectively a year earlier.

NewAmsterdam Pharma Company NV (NASDAQ:NAMS)’s Major holders

Insiders are in possession of 0.25% of company’s total shares while institution are holding 83.94 percent of that, with stock having share float percentage of 84.15%. Investors also watch the number of corporate investors in a company very closely, which is 83.94% institutions for NewAmsterdam Pharma Company NV that are currently holding shares of the company.