Better Times Ahead For Clearmind Medicine Inc (NASDAQ: CMND)?

Clearmind Medicine Inc (CMND) concluded trading on 01/10/24 at a closing price of $2.93, with 47.03 million shares of worth about $137.79 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -78.91% during that period and on Wednesday the price saw a gain of about 41.55%. Currently the company’s 1.53M shares are available for trading.

Clearmind Medicine Inc (NASDAQ: CMND) started trading at $3.51, above $1.44 from concluding price of the previous day. However, the stock later moved at a day high price of 3.5800, or with a gain of 41.55%. Stock saw a price change of 12.26% in past 5 days and over the past one month there was a price change of -11.21%. Year-to-date (YTD), CMND shares are showing a performance of 4.27% which decreased to -97.27% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.92 but also hit the highest price of $153.00 during that period. The average intraday trading volume for Clearmind Medicine Inc shares is 1.17 million. The stock is currently trading 9.15% above its 20-day simple moving average (SMA20), while that difference is down -13.83% for SMA50 and it goes to -74.90% lower than SMA200.

The stock has a current market capitalization of $4.95M and its 3Y-monthly beta is at -1.73. It has posted earnings per share of -$79.11 in the same period. It has Quick Ratio of 2.62 while making debt-to-equity ratio of 0.00. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CMND, volatility over the week remained 15.61% while standing at 12.29% over the month.

Analysts at 0 brokerage firms have issued recommendations for the Clearmind Medicine Inc (CMND)’s stock out of those 0 Wall Street analysts, 0 recommended a “Buy” rating, while 0 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.

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