A share price of Neumora Therapeutics Inc. [NMRA] is currently trading at $13.50, up 2.20%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NMRA shares have gain 9.05% over the last week, with a monthly amount glided 17.39%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Neumora Therapeutics Inc. [NASDAQ: NMRA] stock has seen the most recent analyst activity on October 01, 2024, when H.C. Wainwright initiated its Buy rating and assigned the stock a price target of $30. Previously, Needham started tracking the stock with Buy rating on July 22, 2024, and set its price target to $23. On July 08, 2024, Mizuho initiated with a Outperform rating and assigned a price target of $20 on the stock. Deutsche Bank started tracking the stock assigning a Hold rating and suggested a price target of $13 on December 12, 2023. William Blair initiated its recommendation with a Outperform and recommended $26 as its price target on October 10, 2023. Stifel started tracking with a Buy rating for this stock on October 10, 2023, and assigned it a price target of $26. In a note dated October 10, 2023, RBC Capital Mkts initiated an Outperform rating and provided a target price of $24 on this stock.
Neumora Therapeutics Inc. experienced fluctuations in its stock price throughout the past year between $8.33 and $21.00. Currently, Wall Street analysts expect the stock to reach $24.5 within the next 12 months. Neumora Therapeutics Inc. [NASDAQ: NMRA] shares were valued at $13.50 at the most recent close of the market. An investor can expect a potential return of 81.48% based on the average NMRA price forecast.
Analyzing the NMRA fundamentals
To continue investigating profitability, this company’s Return on Assets is posted at -0.68, Equity is -0.61 and Total Capital is -0.77. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.01.
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 13.13 points at the first support level, and at 12.76 for the second support level. However, for the 1st resistance point, the stock is sitting at 13.84, and for the 2nd resistance point, it is at 14.19.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Neumora Therapeutics Inc. [NASDAQ:NMRA] is 17.22. As well, the Quick Ratio is 17.22, while the Cash Ratio is 6.52.
Transactions by insiders
Recent insider trading involved Lenz Robert A., Head of R&D, that happened on Sep 17 ’24 when 30788.0 shares were sold. Head of R&D, Lenz Robert A. completed a deal on Sep 18 ’24 to sell 10676.0 shares. Meanwhile, Officer Lenz Robert A. bought 10676.0 shares on Sep 18 ’24.
