It’s still a bull thesis, just subverted: Compass Pathways Plc ADR (CMPS)

At the time of writing, Compass Pathways Plc ADR [CMPS] stock is trading at $6.44, up 1.10%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The CMPS shares have gain 2.55% over the last week, with a monthly amount drifted -7.47%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Compass Pathways Plc ADR [NASDAQ: CMPS] stock has seen the most recent analyst activity on July 23, 2024, when RBC Capital Mkts initiated its Outperform rating and assigned the stock a price target of $23. Previously, Morgan Stanley started tracking the stock with Overweight rating on April 01, 2024, and set its price target to $30. On December 12, 2023, Deutsche Bank initiated with a Buy rating and assigned a price target of $16 on the stock. Loop Capital initiated its recommendation with a Buy and recommended $34 as its price target on November 01, 2022. Oppenheimer started tracking with a Outperform rating for this stock on October 29, 2021, and assigned it a price target of $50. In a note dated July 13, 2021, Citigroup initiated an Buy rating and provided a target price of $67 on this stock.

For the past year, the stock price of Compass Pathways Plc ADR fluctuated between $5.01 and $12.75. Currently, Wall Street analysts expect the stock to reach $23 within the next 12 months. Compass Pathways Plc ADR [NASDAQ: CMPS] shares were valued at $6.44 at the most recent close of the market. An investor can expect a potential return of 257.14% based on the average CMPS price forecast.

Analyzing the CMPS fundamentals

Gross Profit Margin for this corporation currently stands at 0.29% with Operating Profit Margin at -42.01%, Pretax Profit Margin comes in at -38.56%, and Net Profit Margin reading is -37.88%. To continue investigating profitability, this company’s Return on Assets is posted at -0.5, Equity is -0.58 and Total Capital is -0.6. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.14.

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 6.29 points at the first support level, and at 6.14 for the second support level. However, for the 1st resistance point, the stock is sitting at 6.53, and for the 2nd resistance point, it is at 6.62.

Ratios To Look Out For

It is important to note that Compass Pathways Plc ADR [NASDAQ:CMPS] has a current ratio of 12.03. Also, the Quick Ratio is 12.03, while the Cash Ratio stands at 10.4.

Transactions by insiders

Recent insider trading involved ATAI Life Sciences N.V., 10% Owner, that happened on Sep 26 ’24 when 2.66 million shares were sold. 10% Owner, Malievskaia Ekaterina completed a deal on May 21 ’24 to sell 8900.0 shares. Meanwhile, 10% Owner Malievskaia Ekaterina sold 8900.0 shares on May 21 ’24.

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