The stock of Mira Pharmaceuticals Inc (MIRA) has seen a 14.29% increase in the past week, with a -8.40% drop in the past month, and a 12.15% flourish in the past quarter. The volatility ratio for the week is 8.87%, and the volatility levels for the past 30 days are at 8.83% for MIRA. The simple moving average for the last 20 days is 2.08% for MIRA’s stock, with a simple moving average of -3.24% for the last 200 days.
Is It Worth Investing in Mira Pharmaceuticals Inc (NASDAQ: MIRA) Right Now?
The 36-month beta value for MIRA is at 2.12. Analysts have varying views on the stock, with 2 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for MIRA is 11.05M, and currently, shorts hold a 5.87% of that float. The average trading volume for MIRA on December 27, 2024 was 1.44M shares.
MIRA) stock’s latest price update
Mira Pharmaceuticals Inc (NASDAQ: MIRA)’s stock price has soared by 9.09 in relation to previous closing price of 1.10. Nevertheless, the company has seen a gain of 14.29% in its stock price over the last five trading days. accesswire.com reported 2024-12-19 that MIAMI, FL / ACCESSWIRE / December 19, 2024 / MIRA Pharmaceuticals, Inc. (NASDAQ:MIRA), a preclinical-stage pharmaceutical company focused on developing therapies for neurological and neuropsychiatric disorders, today announced that it has submitted an Investigational New Drug (IND) application to the U.S. Food and Drug Administration (FDA) for Ketamir-2, its novel oral ketamine analog for the treatment of neuropathic pain. The IND submission marks a major step in advancing Mira’s lead drug candidate while reflecting its commitment to meeting milestones and timelines.
MIRA Trading at -11.52% from the 50-Day Moving Average
After a stumble in the market that brought MIRA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -76.05% of loss for the given period.
Volatility was left at 8.83%, however, over the last 30 days, the volatility rate increased by 8.87%, as shares sank -6.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.29% upper at present.
During the last 5 trading sessions, MIRA rose by +14.29%, which changed the moving average for the period of 200-days by -22.58% in comparison to the 20-day moving average, which settled at $1.1755. In addition, Mira Pharmaceuticals Inc saw 14.29% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at MIRA starting from Aminov Erez, who sale 55,410 shares at the price of $1.39 back on Nov 19 ’24. After this action, Aminov Erez now owns 1,105,790 shares of Mira Pharmaceuticals Inc, valued at $77,020 using the latest closing price.
Aminov Erez, the Chief Executive Officer of Mira Pharmaceuticals Inc, sale 44,590 shares at $1.27 during a trade that took place back on Nov 20 ’24, which means that Aminov Erez is holding 1,061,200 shares at $56,629 based on the most recent closing price.
Stock Fundamentals for MIRA
The total capital return value is set at -3.0. Equity return is now at value -192.32, with -169.22 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 6.11.
Conclusion
In conclusion, Mira Pharmaceuticals Inc (MIRA) has had a better performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
