Let’s start up with the current stock price of Mind Medicine (MindMed) Inc. (MNMD), which is $6.39 to be very precise. The Stock rose vividly during the last session to $7.11 after opening rate of $7.11 while the lowest price it went was recorded $6.36 before closing at $7.00.Recently in News on September 20, 2022, MindMed Collaborators Dose First Patient in Phase 1 Investigator-Initiated Trial of MDMA-Like Substances. First-in-human trial to investigate the tolerability, pharmacology, and pharmacokinetics of novel MDMA-like compounds versus a placebo in healthy subjects. You can read further details here
Mind Medicine (MindMed) Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $23.10 on 01/03/22, with the lowest value was $6.36 for the same time period, recorded on 09/21/22.
Mind Medicine (MindMed) Inc. (MNMD) full year performance was -82.25%
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 -85.51% during the 52-week period from high price, and -8.71% 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 $7.00 and $44.10.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 577376 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 -69.13%, having the revenues showcasing -36.29% 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 181.94M, as it employees total of 41 workers.
Mind Medicine (MindMed) Inc. (MNMD) in the eye of market guru’s
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 10.96, with a change in the price was noted -6.17. In a similar fashion, Mind Medicine (MindMed) Inc. posted a movement of -49.14% for the period of last 100 days, recording 589,952 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 0.22%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.38%. In the last 20 days, the company’s Stochastic %K was 2.71% and its Stochastic %D was recorded 2.87%.
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 encouraging, given the fact the metric is recording -69.13%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -65.37%, alongside a downfall of -82.25% for the period of the last 12 months. The shares increased approximately by -20.03% in the 7-day charts and went up by -48.96% in the period of the last 30 days. Common stock shares were lifted by -36.29% during last recorded quarter.