FSD Pharma Inc. [NASDAQ: HUGE] stock went on an upward path that rose over 38.06% on Monday, amounting to a one-week price increase of more than 56.20%. The company report on November 13, 2020 that FSD Pharma Announces Third Quarter 2020 Financial Results and Provides Corporate Update.
FSD Pharma Inc. (Nasdaq: HUGE) (CSE: HUGE) (“FSD Pharma” or the “Company”) announced its financial results for the third quarter ending September 30, 2020 and provided a corporate update. The filing is available on SEDAR.
Financial and corporate highlights include:.
Over the last 12 months, HUGE stock dropped by -58.18%.
The market cap for the stock reached $41.01 million, with 19.16 million shares outstanding and 16.09 million shares in the current float. Compared to the average trading volume of 450.97K shares, HUGE stock reached a trading volume of 16905665 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on FSD Pharma Inc. [HUGE]:
The Average True Range (ATR) for FSD Pharma Inc. is set at 0.19
HUGE Stock Performance Analysis:
FSD Pharma Inc. [HUGE] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 56.20. With this latest performance, HUGE shares gained by 38.06% in over the last four-week period, additionally sinking by -30.97% over the last 6 months – not to mention a drop of -58.18% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for HUGE stock in for the last two-week period is set at 69.52, with the RSI for the last a single of trading hit 81.40, and the three-weeks RSI is set at 60.00 for FSD Pharma Inc. [HUGE]. The present Moving Average for the last 50 days of trading for this stock 1.98, while it was recorded at 1.60 for the last single week of trading, and 3.19 for the last 200 days.
Insight into FSD Pharma Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and FSD Pharma Inc. [HUGE] shares currently have an operating margin of -13869.84 and a Gross Margin at -1909.14. FSD Pharma Inc.’s Net Margin is presently recorded at -20230.80.
Return on Total Capital for HUGE is now -70.36, given the latest momentum, and Return on Invested Capital for the company is -104.65. Return on Equity for this stock declined to -104.81, with Return on Assets sitting at -94.38. When it comes to the capital structure of this company, FSD Pharma Inc. [HUGE] has a Total Debt to Total Equity ratio set at 4.38. Additionally, HUGE Total Debt to Total Capital is recorded at 4.19, with Total Debt to Total Assets ending up at 3.68. Long-Term Debt to Equity for the company is recorded at 0.30, with the Long-Term Debt to Total Capital now at 0.29.
Reflecting on the efficiency of the workforce at the company, FSD Pharma Inc. [HUGE] managed to generate an average of -$2,261,443 per employee. Receivables Turnover for the company is 0.17 with a Total Asset Turnover recorded at a value of 0.00.
FSD Pharma Inc. [HUGE] Insider Position Details
There are presently around $0 million, or 0.67% of HUGE stock, in the hands of institutional investors. The top three institutional holders of HUGE stocks are: WEDBUSH SECURITIES INC with ownership of 64,300, which is approximately 158.628% of the company’s market cap and around 12.70% of the total institutional ownership; TWO SIGMA ADVISERS, LP, holding 43,100 shares of the stock with an approximate value of $92000.0 in HUGE stocks shares; and SUSQUEHANNA INTERNATIONAL GROUP, LLP, currently with $21000.0 in HUGE stock with ownership of nearly New of the company’s market capitalization.
Positions in FSD Pharma Inc. stocks held by institutional investors increased at the end of November and at the time of the November reporting period, where 9 institutional holders increased their position in FSD Pharma Inc. [NASDAQ:HUGE] by around 97,957 shares. Additionally, 4 investors decreased positions by around 1,452 shares, while 1 investors held positions by with 29,391 shares. The mentioned changes placed institutional holdings at 128,800 shares, according to the latest SEC report filing. HUGE stock had 6 new institutional investments in for a total of 56,434 shares, while 1 institutional investors sold positions of 50 shares during the same period.