4D Molecular Therapeutics Inc (NASDAQ: FDMT) is -25.67% lower on its value in year-to-date trading and has touched a low of $3.92 and a high of $36.25 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 FDMT stock was last observed hovering at around $4.16 in the last trading session, with the day’s loss setting it -0.02%.
Currently trading at $4.14, the stock is -12.57% and -19.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.17 million and changing -0.48% at the moment leaves the stock -66.50% off its SMA200. FDMT registered -85.59% loss for a year compared to 6-month loss of -71.91%.
The stock witnessed a -30.07% gain in the last 1 month and extending the period to 3 months gives it a -45.45%, and is -7.59% 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 9.57% over the week and 8.93% over the month.
4D Molecular Therapeutics Inc (FDMT) has around 227 employees, a market worth around $191.69M and $0.04M in sales. Profit margin for the company is -434778.38%. Distance from 52-week low is 5.61% and -88.58% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.38%).
with sales reaching $446.33k over the same period.The EPS is expected to shrink by -18.46% this year, but quarterly earnings will post 11,561.57% year-over-year. Quarterly sales are estimated to grow 1,494.04% in year-over-year returns.
The shares outstanding are 45.79M, and float is at 39.63M with Short Float at 15.56%.
The top institutional shareholder in the company is BLACKROCK INC. with over 4.9 million shares valued at $102.79 million. The investor’s holdings represent 9.9385 of the FDMT Shares outstanding. As of 2024-06-30, the second largest holder is RA CAPITAL MANAGEMENT, L.P. with 5.1 million shares valued at $107.01 million to account for 9.2221 of the shares outstanding. The other top investors are GOLDMAN SACHS GROUP INC which holds 4.13 million shares representing 8.3907 and valued at over $86.78 million, while VR ADVISER, LLC holds 7.9591 of the shares totaling 4.4 million with a market value of $92.36 million.
4D Molecular Therapeutics Inc (FDMT) Insider Activity
The most recent transaction is an insider sale by Bizily Scott, the company’s Chief Legal Officer. SEC filings show that Bizily Scott sold 500 shares of the company’s common stock on Sep 16 ’24 at a price of $16.33 per share for a total of $8165.0. Following the sale, the insider now owns 6781.0 shares.
4D Molecular Therapeutics Inc disclosed in a document filed with the SEC on Aug 19 ’24 that Bizily Scott (Chief Legal Officer) sold a total of 500 shares of the company’s common stock. The trade occurred on Aug 19 ’24 and was made at $15.00 per share for $7500.0. Following the transaction, the insider now directly holds 6781.0 shares of the FDMT stock.
Still, SEC filings show that on Jul 16 ’24, Bizily Scott (Chief Legal Officer) disposed off 1,750 shares at an average price of $27.11 for $47442.0. The insider now directly holds 6,781 shares of 4D Molecular Therapeutics Inc (FDMT).
