The stock of Psyence Biomedical Ltd (PBM) has seen a -29.06% decrease in the past week, with a -50.28% drop in the past month, and a -89.73% decrease in the past quarter. The volatility ratio for the week is 13.96%, and the volatility levels for the past 30 days are at 17.15% for PBM. The simple moving average for the past 20 days is -29.94% for PBM’s stock, with a -90.64% simple moving average for the past 200 days.
Is It Worth Investing in Psyence Biomedical Ltd (NASDAQ: PBM) Right Now?
PBM has 36-month beta value of -0.48.
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The public float for PBM is 46.96M, and currently, short sellers hold a 1.43% ratio of that float. The average trading volume of PBM on November 18, 2024 was 6.38M shares.
PBM) stock’s latest price update
Psyence Biomedical Ltd (NASDAQ: PBM) has seen a rise in its stock price by 6.13 in relation to its previous close of 0.05. However, the company has experienced a -29.06% decline in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-12 that NEW YORK, Nov. 12, 2024 (GLOBE NEWSWIRE) — Psyence Biomedical Ltd. (Nasdaq: PBM) (“Psyence Biomed” or the “Company”) today announced the voting results for each of the matters presented at the Company’s annual and special meeting of shareholders held on November 12, 2024 (the “Meeting”).
PBM Trading at -46.94% from the 50-Day Moving Average
After a stumble in the market that brought PBM to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -99.63% of loss for the given period.
Volatility was left at 17.15%, however, over the last 30 days, the volatility rate increased by 13.96%, as shares sank -57.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -74.02% lower at present.
During the last 5 trading sessions, PBM fell by -35.14%, which changed the moving average for the period of 200-days by -96.61% in comparison to the 20-day moving average, which settled at $0.0764. In addition, Psyence Biomedical Ltd saw -99.42% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for PBM
The total capital return value is set at 155.06. Equity return is now at value 1.27, with 1.13 for asset returns.
Based on Psyence Biomedical Ltd (PBM), the company’s capital structure generated -19.88 points at debt to capital in total, while cash flow to debt ratio is standing at -48.2.
Currently, EBITDA for the company is -2.75 million with net debt to EBITDA at -0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.01.
Conclusion
To put it simply, Psyence Biomedical Ltd (PBM) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
