InMed Pharmaceuticals Inc [INM] stock is trading at $0.29, up 21.04%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The INM shares have gain 40.10% over the last week, with a monthly amount glided 9.48%, 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 $0.12 and $2.08 over the past year. InMed Pharmaceuticals Inc [NASDAQ: INM] shares were valued at $0.29 at the most recent close of the market.
Analyzing the INM fundamentals
InMed Pharmaceuticals Inc [NASDAQ:INM] reported sales of 4.60M for the trailing twelve months, which represents a drop of -44.48%. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at -0.98%, Pretax Profit Margin comes in at -0.95%, and Net Profit Margin reading is -0.0%. To continue investigating profitability, this company’s Return on Assets is posted at -0.0, Equity is -0.01 and Total Capital is -0.8. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.07.
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 0.2287 points at the first support level, and at 0.1675 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.3506, and for the 2nd resistance point, it is at 0.4113.
Ratios To Look Out For
For context, InMed Pharmaceuticals Inc’s Current Ratio is 4.41. Also, the Quick Ratio is 3.78, while the Cash Ratio stands at 3.33. Considering the valuation of this stock, the price to sales ratio is 0.21, the price to book ratio is 0.28.
Transactions by insiders
Recent insider trading involved MANCINI ALEXANDRA DIANE JANET, Consultant, that happened on Jul 31 ’24 when 240.0 shares were sold. Director, HULL ANDREW completed a deal on Feb 21 ’24 to buy 37500.0 shares. Meanwhile, President & CEO ADAMS ERIC A bought 41600.0 shares on Feb 20 ’24.
