Maxim Group raised the price target for the ATAI Life Sciences N.V. (NASDAQ:ATAI) stock from “a Hold” to “a Buy”. The rating was released on April 03, 2024, according to finviz. The research report from Maxim Group has initiated the stock to Buy, with a price target set at $25. The stock was initiated by ROTH Capital, who disclosed in a research note on November 11, 2021, to Buy and set the price objective to $32. In their research brief published October 18, 2021, H.C. Wainwright analysts initiated the ATAI Life Sciences N.V. stock to Buy with a price target of $40.
The latest trade, Performances and Moving Averages give us the following Picture
The firm’s stock price fluctuated -19.57% within the last five trades and 8.82% within the last 30 trades, which was a significant change from the beginning of this year. Despite the fact that the share price increased 36.03% in the last 6 months and 8.82% was added to its value over the previous 3 months. ATAI stock is trading at a margin of -11.55%, -5.77% and 12.81% apart from the 20-Day, 50-Day and 200-Day Simple Moving Average prices.
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As of the close of trading, ATAI deals in the Healthcare domain. The stock is trading -35.09 percent below its 52-week high and 80.49 percent above its 52-week low. For example, looking both at the price and the high and low measurements of 52 weeks will give you a clearer picture of the direction the price is heading. The firm’s Weighted Alpha is -14.25. A positive weighted alpha indicates the firm has done well over the course of the year, whereas one below 0 indicates that the firm has done poorly.
What Does ATAI Life Sciences N.V.’s Profitability and Valuation Ratios Tell Us About the Stock?
With regard to the profitability of the company, the operating margin is currently at -39927.07 percent and the profit margin is -12810.51 percent, and the company has reported a gross margin of -71.02 percent. The profit margin, also known as the revenue ratio or gross profit ratio, is an efficiency figure used to estimate the business’s profitability by comparing net income and sales. The higher the number, the more profits are generated for the company and vice versa.
The stock’s market cap achieved a total value of $307.16 million as of the last trading session. Market capitalization is the total value of all outstanding shares of a corporation and it is used to measure a company’s market value. Forward price-to-earnings is calculated using predicted earnings for the next financial year’s P/E determination. The stock has achieved an effective Price-to-Sales Ratio of 990.82 that mirrors the cost to be found for sales by the market. The firm managed a Price-to-Book ratio of 1.26, which equates the market value of a stock with its book value.
Is Insider Trading a Real Thing?
Almost all investors and traders prefer to invest in shares controlled by the management of a corporation as a management company will be more likely to run the business itself and to never conduct things against the management’s desires and will always try to do what is best for their shareholders. Currently, 30.44 percent of ATAI Life Sciences N.V. shares are owned by insiders, and 8.29 percent are held by financial institutions. Rao Srinivas, the at ATAI Life Sciences N.V. (ATAI) has sold 61,640 shares of firm on Apr 02 ’24 at a price of $1.85 against the total amount of $0.11 million. In another inside trade, Kirpekar Sahil, Chief Business Officer of ATAI Life Sciences N.V. (NASDAQ:ATAI) sold 35,801 shares of the firm on Apr 02 ’24 for a total worth of $66232.0 at a price of $1.85. An inside trade which took place on Apr 02 ’24, Chief Financial Officer of ATAI Life Sciences N.V. Johnson Anne Nagengast sold 27,410 shares of firm against total price of $50708.0 at the cost of $1.85 per share.
