During The Past Six Months, ATAI Life Sciences N.V (NASDAQ: ATAI) Shares Took An -4.79% Jump. Here Is What We Should Expect

During the last session, ATAI Life Sciences N.V (NASDAQ:ATAI)’s traded shares were 2.33 million, with the beta value of the company hitting 0.98. At the end of the trading day, the stock’s price was $1.59, reflecting an intraday loss of -8.09% or -$0.14. The 52-week high for the ATAI share is $2.85, that puts it down -79.25 from that peak though still a striking 35.85% gain since the share price plummeted to a 52-week low of $1.02. The company’s market capitalization is $266.81M, and the average intraday trading volume over the past 10 days was 3.57 million shares, and the average trade volume was 1.03 million 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.

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

ATAI Life Sciences N.V (ATAI) registered a -8.09% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -8.09% in intraday trading to $1.59, hitting a weekly high. The stock’s 5-day price performance is 17.78%, and it has moved by 24.22% in 30 days. Based on these gigs, the overall price performance for the year is 41.96%. The short interest in ATAI Life Sciences N.V (NASDAQ:ATAI) is 9.43 million shares and it means that shorts have 13.4 day(s) to cover.

The consensus price target of analysts on Wall Street is $6, which implies an increase of 73.5% 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 -277.36% off the target high and -277.36% 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 -4.79% during the last six months, with a year-to-date growth rate less than the industry average at -208.00% against 13.70.

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 -217.14% in 2024.

ATAI Dividends

ATAI Life Sciences N.V is due to release its next quarterly earnings in December. 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 9.99% of total outstanding shares while institutional holders control 26.83%, with the float percentage being 29.81%. WALLEYE CAPITAL LLC is the largest shareholder of the company, while 106.0 institutions own stock in it. As of 2024-06-30, the company held over 2.76 million shares (or 1.7388% of all shares), a total value of $3.67 million in shares.

The next largest institutional holding, with 2.72 million shares, is of MORGAN STANLEY’s that is approximately 1.7111% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $3.62 million.