Inmed Pharmaceuticals Stock Today

INM Stock  USD 4.66  0.01  0.22%   

Performance

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Odds Of Distress

Over 81

 
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InMed Pharmaceuticals is selling at 4.66 as of the 22nd of November 2024; that is 0.22 percent increase since the beginning of the trading day. The stock's lowest day price was 4.59. InMed Pharmaceuticals has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. Equity ratings for InMed Pharmaceuticals are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 2nd of April 2023 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
12th of November 2020
Category
Healthcare
Classification
Health Care
InMed Pharmaceuticals Inc., a clinical stage pharmaceutical company, develops a pipeline of prescription-based products. InMed Pharmaceuticals Inc. was incorporated in 1981 and is headquartered in Vancouver, Canada. Inmed Pharmaceuticals operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 718.08 K outstanding shares of which 115.52 K shares are currently shorted by investors with about 0.12 days to cover. More on InMed Pharmaceuticals

Moving together with InMed Stock

  0.76VALN Valneva SE ADRPairCorr

Moving against InMed Stock

  0.35KZR Kezar Life SciencesPairCorr
  0.33RNXT RenovoRxPairCorr

InMed Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO PresidentMIB Chem
Old Names[Independent News & Media PLC, Iron Mountain Incorporated]
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Debt Levels
InMed Pharmaceuticals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand InMed Pharmaceuticals' financial leverage. It provides some insight into what part of InMed Pharmaceuticals' total assets is financed by creditors.
Liquidity
InMed Pharmaceuticals has 962.66 K in debt with debt to equity (D/E) ratio of 0.06, which may show that the company is not taking advantage of profits from borrowing. InMed Pharmaceuticals has a current ratio of 3.45, demonstrating that it is liquid and is capable to disburse its financial commitments when the payables are due. Note however, debt could still be an excellent tool for InMed to invest in growth at high rates of return.

Other Non Cash Items

574,459
InMed Pharmaceuticals (INM) is traded on NASDAQ Exchange in USA. It is located in 885 West Georgia Street, Vancouver, BC, Canada, V6C 3E8 and employs 13 people. InMed Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Nano-Cap' category with a total capitalization of 3.34 M. InMed Pharmaceuticals runs under Biotechnology sector within Health Care industry. The entity has 718.08 K outstanding shares of which 115.52 K shares are currently shorted by investors with about 0.12 days to cover. InMed Pharmaceuticals has about 9.35 M in cash with (6.99 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 9.98, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check InMed Pharmaceuticals Probability Of Bankruptcy
Ownership Allocation
Roughly 89.89 (percent) of InMed Pharmaceuticals outstanding shares are held by general public with 0.61 % owned by insiders and only 9.5 pct. by outside corporations.
Check InMed Ownership Details

InMed Stock Institutional Holders

InstituionRecorded OnShares
Royal Bank Of Canada3030230-06-30
25.0
Allsquare Wealth Management Llc2024-09-30
21.0
Global Retirement Partners, Llc.2024-09-30
6.0
The Toronto-dominion Bank2024-06-30
2.0
Bfsg, Llc2024-06-30
0.0
Federation Des Caisses Desjardins Du Quebec2024-06-30
0.0
Ubs Group Ag2024-06-30
0.0
Advisornet Financial, Inc2024-06-30
0.0
Armistice Capital, Llc2024-06-30
0.0
Sabby Management Llc2024-06-30
307.2 K
Virtu Financial Llc2024-06-30
86.7 K
View InMed Pharmaceuticals Diagnostics

InMed Pharmaceuticals Historical Income Statement

At this time, InMed Pharmaceuticals' Total Operating Expenses is very stable compared to the past year. As of the 22nd of November 2024, Total Other Income Expense Net is likely to grow to about 258.7 M, though Operating Income is likely to grow to (7.5 B). View More Fundamentals

InMed Stock Against Markets

InMed Pharmaceuticals Corporate Management

Sazzad MScCoFounderProfile
Ado MuhammadConsultant AffairsProfile
Colin ClancyDirector RelationsProfile
Eric HsuSenior DevelopmentProfile
Jerry GriffinVice MarketingProfile
When determining whether InMed Pharmaceuticals is a strong investment it is important to analyze InMed Pharmaceuticals' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact InMed Pharmaceuticals' future performance. For an informed investment choice regarding InMed Stock, refer to the following important reports:
Check out Risk vs Return Analysis to better understand how to build diversified portfolios, which includes a position in InMed Pharmaceuticals. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.
To learn how to invest in InMed Stock, please use our How to Invest in InMed Pharmaceuticals guide.
You can also try the Commodity Channel module to use Commodity Channel Index to analyze current equity momentum.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of InMed Pharmaceuticals. If investors know InMed will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about InMed Pharmaceuticals listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
230.4
Revenue Per Share
0.603
Quarterly Revenue Growth
(0.45)
Return On Assets
(0.39)
Return On Equity
(0.72)
The market value of InMed Pharmaceuticals is measured differently than its book value, which is the value of InMed that is recorded on the company's balance sheet. Investors also form their own opinion of InMed Pharmaceuticals' value that differs from its market value or its book value, called intrinsic value, which is InMed Pharmaceuticals' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because InMed Pharmaceuticals' market value can be influenced by many factors that don't directly affect InMed Pharmaceuticals' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between InMed Pharmaceuticals' value and its price as these two are different measures arrived at by different means. Investors typically determine if InMed Pharmaceuticals is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, InMed Pharmaceuticals' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.