Clearmind Medicine (NASDAQ:CMND) Announces Earnings Results

Clearmind Medicine (NASDAQ:CMNDGet Free Report) issued its earnings results on Thursday. The company reported ($0.57) EPS for the quarter, FiscalAI reports.

Clearmind Medicine Price Performance

Clearmind Medicine stock opened at $0.97 on Friday. The company’s 50 day simple moving average is $1.71 and its 200 day simple moving average is $4.90. The firm has a market capitalization of $986,034.00, a price-to-earnings ratio of -0.01 and a beta of 0.81. Clearmind Medicine has a fifty-two week low of $0.92 and a fifty-two week high of $524.00.

Insider Buying and Selling

In other Clearmind Medicine news, major shareholder Financial Lp Hrt sold 22,139 shares of the stock in a transaction dated Tuesday, June 16th. The stock was sold at an average price of $3.31, for a total value of $73,280.09. Following the completion of the sale, the insider directly owned 81,353 shares in the company, valued at $269,278.43. This represents a 21.39% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website.

Analyst Ratings Changes

Separately, Wall Street Zen upgraded Clearmind Medicine from a “strong sell” rating to a “sell” rating in a research report on Saturday, June 20th.

Read Our Latest Report on CMND

Clearmind Medicine Company Profile

(Get Free Report)

Clearmind Medicine, Inc is a clinical-stage biotechnology company focused on the discovery and development of novel psychoplastogen-based therapeutics for neuropsychiatric and neurodegenerative disorders. The company leverages a proprietary chemistry platform to design small-molecule compounds that promote rapid and sustained neural plasticity without the hallucinogenic effects typically associated with psychedelic agents. By targeting fundamental mechanisms of synaptic growth and repair, Clearmind aims to address conditions ranging from mood and anxiety disorders to cognitive impairment in dementia.

Clearmind’s pipeline includes multiple preclinical and early clinical candidates.

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Earnings History for Clearmind Medicine (NASDAQ:CMND)

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