With 2.41 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.82 million shares. The 52-week range on ATAI shows that it touched its highest point at $2.85 and its lowest point at $1.03 during that stretch. It currently has a 1-year price target of $7.40. Beta for the stock currently stands at 1.23.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of ATAI was down-trending over the past week, with a drop of -8.68%, but this was down by -34.86% over a month. Three-month performance dropped to -4.70% while six-month performance rose 19.33%. The stock lost -35.16% in the past year, while it has gained 6.77% so far this year. A look at the trailing 12-month EPS for ATAI yields -0.80 with Next year EPS estimates of -0.61. For the next quarter, that number is -0.14. This implies an EPS growth rate of -216.57% for this year and 22.56% for next year.
Float and Shares Shorts:
At present, 167.82 million ATAI shares are outstanding with a float of 131.74 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for ATAI since 1 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$0.6167 being high and -$0.88393 being low. For ATAI, this leads to a yearly average estimate of -$0.79143. Based on analyst estimates, the high estimate for the next quarter is -$0.15 and the low estimate is -$0.15. The average estimate for the next quarter is thus -$0.15.
