Compass Pathways Plc ADR (NASDAQ: CMPS): A Disaster In The Making Or A Gold Mine?

In the last trading session, 1.38 million shares of the Compass Pathways Plc ADR (NASDAQ:CMPS) were traded, and its beta was 2.25. Most recently the company’s share price was $4.67, and it changed around $0.58 or 14.04% from the last close, which brings the market valuation of the company to $319.52M. CMPS currently trades at a discount to its 52-week high of $12.75, offering almost -173.02% off that amount. The share price’s 52-week low was $4.00, which indicates that the current value has risen by an impressive 14.35% since then. We note from Compass Pathways Plc ADR’s average daily trading volume that its 10-day average is 0.7 million shares, with the 3-month average coming to 832.44K.

Compass Pathways Plc ADR stock received a consensus recommendation rating of Buy, based on a mean score of 1.00. If we narrow it down even further, the data shows that 0 out of 10 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 0 recommended CMPS as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Compass Pathways Plc ADR is expected to report earnings per share of -0.62 for the current quarter.

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Compass Pathways Plc ADR (NASDAQ:CMPS) trade information

Instantly CMPS has showed a green trend with a performance of 14.04% at the end of last trading. The performance over the last five days has remained in the green territory. The rise to weekly highs of 4.68 on recent trading dayincreased the stock’s daily price by 0.21%. The company’s shares are currently down -46.63% year-to-date, but still up 1.63% over the last five days. On the other hand, Compass Pathways Plc ADR (NASDAQ:CMPS) is -1.27% down in the 30-day period. We can see from the shorts that 4.17 million shares have been sold at a short interest cover period of 3.19 day(s).

The consensus price target as assigned by Wall Street analysts is $23, which translates to bulls needing to increase their stock price by 79.7% from its current value. Analyst projections state that CMPS is forecast to be at a low of $23 and a high of $23.

Compass Pathways Plc ADR (CMPS) estimates and forecasts

Compass Pathways Plc ADR share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -32.71 percent over the past six months and at a -0.43% annual growth rate that is well below the industry average of 7.70%.

Forecasts for the next quarter put sales growth at 0.00%.

Compass Pathways Plc ADR earnings are expected to increase by -1.96% in 2024, but the outlook is positive 3.40% per year for the next five years.

CMPS Dividends

Compass Pathways Plc ADR’s next quarterly earnings report is expected to be released in January.

Compass Pathways Plc ADR (NASDAQ:CMPS)’s Major holders

Upon looking at major shareholders, it appears that insiders hold 22.15% of Compass Pathways Plc ADR shares, and 48.37% of them are in the hands of institutional investors. The stock currently has a share float of 62.13%. Compass Pathways Plc ADR stock is held by 147.0 institutions, with TCG CROSSOVER MANAGEMENT, LLC being the largest institutional investor. By 2024-06-30, it held 6.0073% of the shares, which is about 3.86 million shares worth $23.3 million.

CITADEL ADVISORS LLC, with 5.7118% or 3.67 million shares worth $22.16 million as of 2024-06-30, holds the second largest percentage of outstanding shares.