ATAI Life Sciences N.V. (NASDAQ: ATAI) is -10.64% lower on its value in year-to-date trading and has touched a low of $1.02 and a high of $2.85 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ATAI stock was last observed hovering at around $1.28 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $1.26, the stock is -3.82% and -8.62% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.74 million and changing -1.56% at the moment leaves the stock -22.50% off its SMA200. ATAI registered -20.25% loss for a year compared to 6-month loss of -35.71%.
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The stock witnessed a -17.11% gain in the last 1 month and extending the period to 3 months gives it a -22.70%, and is -5.26% down 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 5.64% over the week and 6.74% over the month.
ATAI Life Sciences N.V. (ATAI) has around 83 employees, a market worth around $211.43M and $0.38M in sales. Profit margin for the company is -15363.23%. Distance from 52-week low is 22.93% and -55.79% from its 52-week high. The company has generated returns on investments over the last 12 months (-31.35%).
The EPS is expected to shrink by -217.14% this year
116.0 institutions hold shares in ATAI Life Sciences N.V. (ATAI), with institutional investors hold 30.15% of the company’s shares. The shares outstanding are 166.03M, and float is at 116.95M with Short Float at 8.18%. Institutions hold 27.14% of the Float.
The top institutional shareholder in the company is WALLEYE CAPITAL LLC with over 2.76 million shares valued at $3.67 million. The investor’s holdings represent 1.7388 of the ATAI Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 2.72 million shares valued at $3.62 million to account for 1.7111 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.31 million shares representing 0.8225 and valued at over $1.74 million, while BROWN UNIVERSITY holds 0.4522 of the shares totaling 0.72 million with a market value of $0.96 million.
ATAI Life Sciences N.V. (ATAI) Insider Activity
The most recent transaction is an insider sale by Brand Florian, the company’s. SEC filings show that Brand Florian sold 151,303 shares of the company’s common stock on May 16 ’24 at a price of $1.92 per share for a total of $0.29 million. Following the sale, the insider now owns 0.33 million shares.
ATAI Life Sciences N.V. disclosed in a document filed with the SEC on Apr 02 ’24 that Johnson Anne Nagengast (Chief Financial Officer) sold a total of 27,410 shares of the company’s common stock. The trade occurred on Apr 02 ’24 and was made at $1.85 per share for $50708.0. Following the transaction, the insider now directly holds 73590.0 shares of the ATAI stock.
Still, SEC filings show that on Apr 02 ’24, Rao Srinivas () disposed off 61,640 shares at an average price of $1.85 for $0.11 million. The insider now directly holds 113,360 shares of ATAI Life Sciences N.V. (ATAI).
