ATAI Life Sciences N.V (NASDAQ: ATAI) is 105.47% higher on its value in year-to-date trading and has touched a low of $1.03 and a high of $2.98 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 ATAI stock was last observed hovering at around $2.75 in the last trading session, with the day’s loss setting it -0.12%.
Currently trading at $2.63, the stock is 12.15% and 29.53% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.34 million and changing -4.36% at the moment leaves the stock 63.59% off its SMA200. ATAI registered 97.74% gain for a year compared to 6-month gain of 64.38%. The firm has a 50-day simple moving average (SMA 50) of $2.0304 and a 200-day simple moving average (SMA200) of $1.60765.
The stock witnessed a 6.05% loss in the last 1 month and extending the period to 3 months gives it a 100.76%, and is 20.09% 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 12.06% over the week and 9.09% over the month.
ATAI Life Sciences N.V (ATAI) has around 54 employees, a market worth around $527.98M and $0.33M in sales. Profit margin for the company is -38852.87%. Distance from 52-week low is 155.34% and -11.89% from its 52-week high. The company has generated returns on investments over the last 12 months (-77.36%).
The EPS is expected to grow by 50.00% this year.
ATAI Life Sciences N.V (ATAI) Top Institutional Holders
105.0 institutions hold shares in ATAI Life Sciences N.V (ATAI), with institutional investors hold 36.39% of the company’s shares. The shares outstanding are 199.78M, and float is at 137.08M with Short Float at 8.00%. Institutions hold 33.40% 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 1.7226% 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 1.6952 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 1.31 million shares representing 0.8148% and valued at over $1.74 million, while BROWN UNIVERSITY holds 0.448 of the shares totaling 0.72 million with a market value of $0.96 million.
