COMPASS Pathways plc (NASDAQ: CMPS) is 7.96% higher on its value in year-to-date trading and has touched a low of $22.51 and a high of $61.69 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMPS stock was last observed hovering at around $57.50 in the last trading session, with the day’s loss setting it -6.07% off its average median price target of $65.00 for the next 12 months. It is also 35.71% off the consensus price target high of $80.00 offered by 5 analysts, but current levels are -2.86% lower than the price target low of $50.00 for the same period.
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Currently trading at $51.43, the stock is 10.22% and 5.81% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.07 million and changing -10.56% at the moment leaves the stock 19.38% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $45.85 and a 200-day simple moving average (SMA200) of $43.08.
The stock witnessed a 6.44% In the last 1 month and extending the period to 3 months gives it a 51.53%, and is 7.91% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 12.53% over the week and 10.03% over the month.
Distance from 52-week low is 128.48% and -16.63% from its 52-week high.
COMPASS Pathways plc (CMPS) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for COMPASS Pathways plc (CMPS) is a “Buy”. 5 analysts offering their recommendations for the stock have an average rating of 1.80, where 0 rate it as a Hold and 0 think it is a “Overweight”. 5 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
COMPASS Pathways plc is expected to release its quarterly report on 06/02/2021 and quarterly earnings per share for the current quarter are estimated at -$1.05.The EPS is expected to shrink by -48.40% this year.
COMPASS Pathways plc (CMPS) Top Institutional Holders
43 institutions hold shares in COMPASS Pathways plc (CMPS), with institutional investors hold 16.08% of the company’s shares. The shares outstanding are 33.45M, and float is at 9.19M with Short Float at 10.89%. Institutions hold 16.08% of the Float.
The top institutional shareholder in the company is Perceptive Advisors Llc with over 1.05 million shares valued at $49.9 million. The investor’s holdings represent 2.92% of the CMPS Shares outstanding. As of Dec 30, 2020, the second largest holder is Founders Fund VII Management, LLC with 0.56 million shares valued at $26.57 million to account for 1.55% of the shares outstanding. The other top investors are Jefferies Group Inc which holds 0.55 million shares representing 1.54% and valued at over $26.4 million, while Victory Capital Management Inc. holds 1.47% of the shares totaling 0.53 million with a market value of $25.19 million.