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Bright Minds Biosciences Inc. Common Stock

DRUG | US

48.02

USD

0.81

1.72%

DRUG | US

About Bright Minds Biosciences Inc. Common Stock

Sector

Healthcare

Industry

Biotechnology

Earnings date

30/06/2024

As of date

21/10/2024

Close

48.02

Open

57.65

High

62.99

Low

44.72

Bright Minds Biosciences Inc. a biotechnology company develops 5-HT (serotonin) medicines to improve the lives of patients with severe and life-altering diseases. Its portfolio of selective 5-HT receptor agonists includes 5-HT2C 5-HT2A and 5-HT2C/A for the treatment of epilepsy pain and neuropsychiatry. The company has collaboration with National Institutes of Health for the treatment of epilepsy; University of Texas Medical Branch to treat impulse control disorders such as binge eating; and Medical College of Wisconsin. Bright Minds Biosciences Inc. was founded in 2017 and is headquartered in New York New York.

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DRUG | US

Risk
5136.6
Sharpe
2.03
Luna's Score
60/100
Recommendation
Hold

Luna says (DRUG | US)

What's Working

Positive Momentum

Strength based on increasing price with high volume

Low Debt to Equity (< 0.25)

Low Debt to Asset (< 0.2)

Strong Sharpe Ratio (> 1.2)

What's not Working

High Short-term Volatility

High 6-Month Volatility (>65%)

Smallcap (300M - 2B USD)

High Market Beta (> 0.8)

Rich in Valuation (Price to Book > 8)

Volatility Signals

Bullish: Stable Volatility (6-month <= 1-month volatility) is positive for the stock performance.

Risk Meter

10 days

6879.9%

1 month

5136.6%

3 months

2885.9%

6 months

2059.8%

Returns

Fundamental Ratios

PE

-

Fwd. PE

-

Price to book

47.53

Debt to equity

0.00

Debt to assets

0.00

Ent. to EBITDA

-0.07

Ent. to rev.

-

PEG

-

Other Fundamentals

EBITDA

-

MarketCap

338.04M

MarketCap(USD)

338.04M

Div. yield

-

Op. margin

-

Erngs. growth

-

Rev. growth

-

Ret. on equity

-51.80

Short ratio

3.50

Short perc.

2.38

Market Sentiment (SMA and Price signals)

Short-term: Bullish (SMA10D > SMA1M)

Intermediate-term: Bullish (SMA1M > SMA3M)

Long-term: Bullish (SMA6M > SMA12M)

SMAs: Stock Price Trends

Range10D

78.08

Range1M

78.08

Range3M

78.08

Volumes: Market Activity

Rel. volume

1.02

Price X volume

430.52M

Peers

Name
Ticker
Industry
Close
Marketcap
Day Return
PE Ratio
Debt to Equity
 
 
 
 
 
 
 
 
Anika Therapeutics IncANIKBiotechnology24.44361.63M-2.47%n/a13.35%
Fate Therapeutics IncFATEBiotechnology3.15358.72M-2.48%n/a25.33%
INZYINZYBiotechnology5.28354.28M-4.69%n/a49.47%
Lexeo Therapeutics Inc. Common StockLXEOBiotechnology10.52347.80M-5.40%n/a6.58%
Nautilus Biotechnology Inc.NAUTBiotechnology2.77347.39M-6.10%n/a13.86%
Northwest Biotherapeutics IncNWBOBiotechnology0.2765346.53M-7.15%n/a0.00%
Monte Rosa Therapeutics IncGLUEBiotechnology5.45334.48M-1.27%n/a19.74%
XOMA CorporationXOMABiotechnology28.46333.11M-3.20%n/a121.93%
ITOSITOSBiotechnology9.1332.35M-3.50%n/a0.83%
ProQR Therapeutics N.VPRQRBiotechnology4.05330.80M-6.47%n/a53.73%
  • 1

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Kewaunee Scientific CorporationKEQUBuilding Products & Equipment32.8794.40M1.83%5.1619.82%
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  • 1

Industry Comparison

ParameterCompanyIndustryIndicator
Enterprise to EBITDA-0.07-Cheaper
Ent. to Revenue---
PE Ratio-41.03-
Price to Book47.5315.55Expensive
Dividend Yield---
Std. Deviation (3M)2,885.94-Riskier
Debt to Equity0.00-1.23Expensive
Debt to Assets0.000.25Cheaper
Market Cap338.04M-Emerging
  • 1

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