ATAI Life Sciences N.V (ATAI) stock hits $1.52: Is it a good time to buy or wait for a dip?

A share price of ATAI Life Sciences N.V [ATAI] is currently trading at $1.52, up 1.33%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ATAI shares have gain 14.29% over the last week, with a monthly amount glided 28.81%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

ATAI Life Sciences N.V [NASDAQ: ATAI] stock has seen the most recent analyst activity on November 18, 2024, when H.C. Wainwright reiterated its Buy rating and also revised its price target to $10 from $15. Previously, Maxim Group upgraded its rating to Buy on April 03, 2024, and kept the price target unchanged to $6. On November 01, 2022, Loop Capital initiated with a Buy rating and assigned a price target of $18 on the stock. Maxim Group started tracking the stock assigning a Buy rating and suggested a price target of $25 on November 30, 2021. ROTH Capital initiated its recommendation with a Buy and recommended $32 as its price target on November 11, 2021. H.C. Wainwright started tracking with a Buy rating for this stock on October 18, 2021, and assigned it a price target of $40. In a note dated September 01, 2021, Jefferies initiated an Buy rating and provided a target price of $27 on this stock.

ATAI Life Sciences N.V experienced fluctuations in its stock price throughout the past year between $1.03 and $2.85. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. ATAI Life Sciences N.V [NASDAQ: ATAI] shares were valued at $1.52 at the most recent close of the market. An investor can expect a potential return of 294.74% based on the average ATAI price forecast.

Analyzing the ATAI fundamentals

Trailing Twelve Months sales for ATAI Life Sciences N.V [NASDAQ:ATAI] were 0.33M which represents -54.02% decline. Gross Profit Margin for this corporation currently stands at 0.2% with Operating Profit Margin at -319.87%, Pretax Profit Margin comes in at -386.15%, and Net Profit Margin reading is -388.53%. To continue investigating profitability, this company’s Return on Assets is posted at -0.65, Equity is -0.66 and Total Capital is -0.6. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.16.

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 1.4767 points at the first support level, and at 1.4335 for the second support level. However, for the 1st resistance point, the stock is sitting at 1.5466, and for the 2nd resistance point, it is at 1.5733.

Ratios To Look Out For

To put it in perspective, the Current Ratio for ATAI Life Sciences N.V [NASDAQ:ATAI] is 5.81. In addition, the Quick Ratio stands at 5.81 and the Cash Ratio stands at 1.53. Considering the valuation of this stock, the price to sales ratio is 772.90, the price to book ratio is 1.75.

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., Brand Florian completed a deal on May 16 ’24 to sell 0.15 million shares. Meanwhile, Chief Financial Officer Johnson Anne Nagengast sold 27410.0 shares on Apr 02 ’24.

Related Posts