NeuroOne Medical Technologies Corp (NASDAQ:NMTC) Achieved Almost 83.05% Growth In A Month. Also Looks Good Long Term.

In last trading session, NeuroOne Medical Technologies Corp (NASDAQ:NMTC) saw 0.24 million shares changing hands with its beta currently measuring 0.63. Company’s recent per share price level of $1.08 trading at -$0.06 or -5.26% at ring of the bell on the day assigns it a market valuation of $33.31M. That closing price of NMTC’s stock is at a discount of -47.22% from its 52-week high price of $1.59 and is indicating a premium of 49.07% from its 52-week low price of $0.55. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.17 million shares which gives us an average trading volume of 167.30K if we extend that period to 3-months.

NeuroOne Medical Technologies Corp (NASDAQ:NMTC) trade information

Upright in the red during last session for losing -5.26%, in the last five days NMTC remained trading in the green while hitting it’s week-highest on Tuesday, 01/07/25 when the stock touched $1.08 price level, adding 10.0% to its value on the day. NeuroOne Medical Technologies Corp’s shares saw a change of 30.77% in year-to-date performance and have moved 30.77% in past 5-day. NeuroOne Medical Technologies Corp (NASDAQ:NMTC) showed a performance of 83.05% in past 30-days. Number of shares sold short was 95520.0 shares which calculate 0.6 days to cover the short interests.

NeuroOne Medical Technologies Corp (NMTC) 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 23.14% during past 5 years.

NeuroOne Medical Technologies Corp (NASDAQ:NMTC)’s Major holders

Insiders are in possession of 16.02% of company’s total shares while institution are holding 19.43 percent of that, with stock having share float percentage of 23.14%. Investors also watch the number of corporate investors in a company very closely, which is 19.43% institutions for NeuroOne Medical Technologies Corp that are currently holding shares of the company. NANTAHALA CAPITAL MANAGEMENT, LLC is the top institutional holder at NMTC for having 0.95 million shares of worth $0.76 million. And as of 2024-06-30, it was holding 3.6702 of the company’s outstanding shares.

The second largest institutional holder is VANGUARD GROUP INC, which was holding about 0.92 million shares on 2024-06-30. The number of shares represents firm’s hold over 3.5489 of outstanding shares, having a total worth of $0.74 million.