InMed Pharmaceuticals Inc [INM] stock is trading at $0.28, up 5.32%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The INM shares have gain 9.27% over the last week, with a monthly amount glided 12.10%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
InMed Pharmaceuticals Inc [INM] stock has fluctuated between $0.21 and $2.08 over the past year. InMed Pharmaceuticals Inc [NASDAQ: INM] shares were valued at $0.28 at the most recent close of the market.
Analyzing the INM fundamentals
InMed Pharmaceuticals Inc [NASDAQ:INM] reported sales of 5.63M for the trailing twelve months, which represents a growth of 13.41%. Gross Profit Margin for this corporation currently stands at 0.32% with Operating Profit Margin at -1531.59%, Pretax Profit Margin comes in at -0.95%, and Net Profit Margin reading is -0.95%. To continue investigating profitability, this company’s Return on Assets is posted at -0.45, Equity is -0.53 and Total Capital is -830.33. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.1.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.2567 points at the first support level, and at 0.2365 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2911, and for the 2nd resistance point, it is at 0.3053.
Ratios To Look Out For
For context, InMed Pharmaceuticals Inc’s Current Ratio is 6.58. In addition, the Quick Ratio stands at 5.80 and the Cash Ratio stands at 4.97. Considering the valuation of this stock, the price to sales ratio is 0.16, the price to book ratio is 0.16.
Transactions by insiders
Recent insider trading involved HULL ANDREW, Director, that happened on Feb 21 ’24 when 37500.0 shares were purchased. President & CEO, ADAMS ERIC A completed a deal on Feb 20 ’24 to buy 41600.0 shares.
