Let’s start up with the current stock price of Mind Medicine (MindMed) Inc. (MNMD), which is $2.97 to be very precise. The Stock rose vividly during the last session to $3.38 after opening rate of $3.38 while the lowest price it went was recorded $3.05 before closing at $3.07.
Recently in News on May 5, 2021, MindMed Announces Project Angie, Targeting the Treatment of Pain with Psychedelics. Mind Medicine (MindMed) Inc. (“MindMed” or the “Company”) (NASDAQ: MNMD) (NEO: MMED), (DE: MMQ), a leading psychedelic-inspired medicine company announces the launch of its Project Angie to advance the development of psychedelics, including LSD, to treat pain conditions. MindMed is currently exploring two primary clinical indications for the treatment of pain. You can read further details here
Mind Medicine (MindMed) Inc. had a pretty favorable run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $5.77 on 04/27/21, with the lowest value was $2.05 for the same time period, recorded on 04/20/21.
Mind Medicine (MindMed) Inc. (MNMD) full year performance was 631.13%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Mind Medicine (MindMed) Inc. shares are logging -48.53% during the 52-week period from high price, and 920.30% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $0.29 and $5.77.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 3978332 for the day, which was evidently lower, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Mind Medicine (MindMed) Inc. (MNMD) recorded performance in the market was 0.66%, having the revenues showcasing -12.78% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 1.00B, as it employees total of 22 workers.
Mind Medicine (MindMed) Inc. (MNMD) in the eye of market guru’s
During the last month, 0 analysts gave the Mind Medicine (MindMed) Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 3.13, with a change in the price was noted -0.54. In a similar fashion, Mind Medicine (MindMed) Inc. posted a movement of -15.58% for the period of last 100 days, recording 5,541,531 in trading volumes.
Mind Medicine (MindMed) Inc. (MNMD): Stocks Technical analysis and Trends
Raw Stochastic average of Mind Medicine (MindMed) Inc. in the period of last 50 days is set at 24.06%. The result represents improvement in oppose to Raw Stochastic average for the period of the last 20 days, recording 24.06%. In the last 20 days, the company’s Stochastic %K was 28.18% and its Stochastic %D was recorded 31.80%.
If we look into the earlier routines of Mind Medicine (MindMed) Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be pessimistic, given the fact the metric is recording 0.66%. Additionally, trading for the stock in the period of the last six months notably improved by 215.84%, alongside a boost of 631.13% for the period of the last 12 months. The shares -3.76% in the 7-day charts and went down by 14.13% in the period of the last 30 days. Common stock shares were lifted by -12.78% during last recorded quarter.