At the time of writing, NewAmsterdam Pharma Company NV [NAMS] stock is trading at $21.78, up 13.73%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The NAMS shares have gain 21.00% over the last week, with a monthly amount glided 22.77%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Previously, Scotiabank started tracking the stock with Sector Outperform rating on March 14, 2024, and set its price target to $35. On January 18, 2024, Guggenheim initiated with a Buy rating and assigned a price target of $30 on the stock. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $37 on January 16, 2024. RBC Capital Mkts initiated its recommendation with a Outperform and recommended $25 as its price target on October 30, 2023.
For the past year, the stock price of NewAmsterdam Pharma Company NV fluctuated between $8.64 and $26.35. Currently, Wall Street analysts expect the stock to reach $36.5 within the next 12 months. NewAmsterdam Pharma Company NV [NASDAQ: NAMS] shares were valued at $21.78 at the most recent close of the market. An investor can expect a potential return of 67.58% based on the average NAMS price forecast.
Analyzing the NAMS fundamentals
Gross Profit Margin for this corporation currently stands at 1.0% with Operating Profit Margin at -27.95%, Pretax Profit Margin comes in at -30.72%, and Net Profit Margin reading is -30.73%. To continue investigating profitability, this company’s Return on Assets is posted at -0.51, Equity is -0.87 and Total Capital is -0.52. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 19.73 points at the first support level, and at 17.67 for the second support level. However, for the 1st resistance point, the stock is sitting at 23.09, and for the 2nd resistance point, it is at 24.39.
Ratios To Look Out For
It is important to note that NewAmsterdam Pharma Company NV [NASDAQ:NAMS] has a current ratio of 9.83. As well, the Quick Ratio is 9.83, while the Cash Ratio is 9.51.
Transactions by insiders
Recent insider trading involved Kooij Louise Frederika, Chief Accounting Officer, that happened on Oct 01 ’24 when 45000.0 shares were sold. Officer, Kooij Louise Frederika completed a deal on Oct 01 ’24 to buy 45000.0 shares. Meanwhile, Chief Business Officer Audet Juliette Berangere bought 1104.0 shares on Sep 26 ’24.
