COMPASS Pathways (NASDAQ:CMPS – Get Free Report) released its earnings results on Thursday. The company reported ($0.56) earnings per share for the quarter, beating the consensus estimate of ($0.60) by $0.04, Zacks reports. During the same quarter in the prior year, the firm posted ($0.67) earnings per share.
COMPASS Pathways Price Performance
Shares of NASDAQ:CMPS traded down $0.01 on Friday, hitting $4.75. The stock had a trading volume of 2,081,860 shares, compared to its average volume of 874,967. The firm’s 50 day moving average price is $6.61 and its 200-day moving average price is $7.04. The company has a debt-to-equity ratio of 0.13, a quick ratio of 12.03 and a current ratio of 12.03. COMPASS Pathways has a twelve month low of $4.05 and a twelve month high of $12.75. The company has a market capitalization of $324.85 million, a price-to-earnings ratio of -2.16 and a beta of 2.29.
Insider Buying and Selling
In other COMPASS Pathways news, major shareholder Life Sciences N.V. Atai sold 2,660,000 shares of the business’s stock in a transaction dated Thursday, September 26th. The shares were sold at an average price of $6.05, for a total value of $16,093,000.00. Following the transaction, the insider now directly owns 6,905,774 shares in the company, valued at $41,779,932.70. The trade was a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 4.25% of the stock is currently owned by corporate insiders.
Wall Street Analyst Weigh In
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COMPASS Pathways Company Profile
COMPASS Pathways plc operates as a mental health care company in the United Kingdom and the United States. It develops COMP360, a psilocybin therapy that is in Phase III clinical trials for the treatment of treatment-resistant depression; and is in Phase II clinical trials for the treatment of post-traumatic stress disorder and anorexia nervosa.
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