InMed Pharmaceuticals Inc's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is significant.Its valuation is considered fairly valued, ranking 222 out of 392 in the Biotechnology & Medical Research industry.Institutional ownership is very high.In the medium term, the stock price is expected to trend down.Despite a very weak stock market performance over the past month, the company shows strong fundamentals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.
Media Coverage
The current financial score of InMed Pharmaceuticals Inc is 8.09, ranking 62 out of 392 in the Biotechnology & Medical Research industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.12M, representing a year-over-year decrease of 11.43%, while its net profit experienced a year-over-year decrease of 2.92%.
Key Metrics
The current valuation score of InMed Pharmaceuticals Inc is 7.08, ranking 177 out of 392 in the Biotechnology & Medical Research industry. Its current P/E ratio is 0.02, which is 101205.77% below the recent high of 21.07 and 5235.10% above the recent low of -1.07.
No earnings forecast score is currently available for InMed Pharmaceuticals Inc. The Biotechnology & Medical Research industry's average is 8.05.
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.
The current price momentum score of InMed Pharmaceuticals Inc is 3.38, ranking 365 out of 392 in the Biotechnology & Medical Research industry. Currently, the stock price is trading between the resistance level at 1.26 and the support level at 0.76, making it suitable for range-bound swing trading.
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The current institutional shareholding score of InMed Pharmaceuticals Inc is 3.00, ranking 197 out of 392 in the Biotechnology & Medical Research industry. The latest institutional shareholding proportion is 15.48%, representing a quarter-over-quarter increase of 221.12%. The largest institutional shareholder is James Simons, holding a total of 16.80K shares, representing 0.60% of shares outstanding, with 1.00% increase in holdings.
The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Biotechnology & Medical Research domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of InMed Pharmaceuticals Inc is 1.91, ranking 269 out of 392 in the Biotechnology & Medical Research industry. The company's beta value is 0.40. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. with an industry-leading ESG disclosure.
