While 4D Molecular Therapeutics Inc has overperformed by 1.42%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, FDMT rose by 4.50%, with highs and lows ranging from $36.25 to $9.44, whereas the simple moving average fell by -25.77% in the last 200 days.
On April 15, 2024, Barclays started tracking 4D Molecular Therapeutics Inc (NASDAQ: FDMT) recommending Overweight. A report published by Barclays on April 15, 2024, Initiated its previous ‘Overweight’ rating for FDMT. Goldman also rated FDMT shares as ‘Buy’, setting a target price of $81 on the company’s shares in an initiating report dated February 07, 2024. RBC Capital Mkts Initiated an Outperform rating on October 26, 2023, and assigned a price target of $25. Cantor Fitzgerald initiated its ‘Overweight’ rating for FDMT, as published in its report on October 24, 2023. Leerink Partners’s report from October 18, 2023 suggests a price prediction of $24 for FDMT shares, giving the stock a ‘Outperform’ rating. Chardan Capital Markets also rated the stock as ‘Buy’.
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Analysis of 4D Molecular Therapeutics Inc (FDMT)
Further, the quarter-over-quarter decrease in sales is -98.32%, showing a negative trend in the upcoming months.
One of the most important indicators of 4D Molecular Therapeutics Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -33.00% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 28.48, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and FDMT is recording 859.48K average volume. On a monthly basis, the volatility of the stock is set at 5.41%, whereas on a weekly basis, it is put at 5.03%, with a gain of 8.07% over the past seven days. Furthermore, long-term investors anticipate a median target price of $50.30, showing growth from the present price of $16.48, which can serve as yet another indication of whether FDMT is worth investing in or should be passed over.
How Do You Analyze 4D Molecular Therapeutics Inc Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 15.85%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 105.37% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
FDMT shares are owned by institutional investors to the tune of 105.37% at present.
