Compass Pathways Plc ADR (NASDAQ:CMPS) shares traded 0.88% higher at $4.56 on Wall Street last session.
CMPS stock price is now -20.56% away from the 50-day moving average and -39.14% away from the 200-day moving average. The market capitalization of the company currently stands at $312.00M.
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With the price target of $23, RBC Capital Mkts recently initiated with Outperform rating for Compass Pathways Plc ADR (NASDAQ: CMPS). On April 01, 2024, Morgan Stanley recently initiated its ‘Overweight’ rating on the stock quoting a target price of $30, while ‘Deutsche Bank’ rates the stock as ‘Buy’
In other news, ATAI Life Sciences N.V., 10% Owner sold 2,660,000 shares of the company’s stock on Sep 26 ’24. The stock was sold for $16,093,000 at an average price of $6.05. Upon completion of the transaction, the 10% Owner now directly owns 6,905,774 shares in the company, valued at $31.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 21 ’24, 10% Owner Malievskaia Ekaterina sold 8,900 shares of the business’s stock. A total of $70,379 was realized by selling the stock at an average price of $7.91. This leaves the insider owning 3,931,687 shares of the company worth $17.93 million. A total of 8.40% of the company’s stock is owned by insiders.
During the past 12 months, Compass Pathways Plc ADR has had a low of $4.05 and a high of $12.75. As of last week, the company has a debt-to-equity ratio of 0.17, a current ratio of 8.91, and a quick ratio of 8.91. The fifty day moving average price for CMPS is $5.7952 and a two-hundred day moving average price translates $7.52205 for the stock.
The latest earnings results from Compass Pathways Plc ADR (NASDAQ: CMPS) was released for 2024-09-30. The company reported revenue of $47.9 million for the quarter, compared to $34.06 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 40.61 percent.
