Larimar Therapeutics Stock Price on September 3, 2024

LRMR Stock  USD 7.76  0.09  1.15%   
Below is the normalized historical share price chart for Larimar Therapeutics extending back to June 19, 2014. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Larimar Therapeutics stands at 7.76, as last reported on the 20th of October, with the highest price reaching 7.98 and the lowest price hitting 7.75 during the day.
IPO Date
19th of June 2014
200 Day MA
7.801
50 Day MA
7.3108
Beta
0.762
 
Yuan Drop
 
Covid
If you're considering investing in Larimar Stock, it is important to understand the factors that can impact its price. Larimar Therapeutics has Sharpe Ratio of -0.0434, which conveys that the firm had a -0.0434% return per unit of risk over the last 3 months. Larimar Therapeutics exposes twenty-four different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please verify Larimar Therapeutics' Mean Deviation of 3.27, risk adjusted performance of (0.02), and Standard Deviation of 4.58 to check out the risk estimate we provide.
  
As of 10/20/2024, Common Stock Shares Outstanding is likely to grow to about 46.1 M, while Total Stockholder Equity is likely to drop slightly above 73 M. . At this time, Larimar Therapeutics' Price Book Value Ratio is relatively stable compared to the past year. As of 10/20/2024, Price Earnings To Growth Ratio is likely to grow to 0.15, while Price To Operating Cash Flows Ratio is likely to drop (6.27). Larimar Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = -0.0434

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Estimated Market Risk

 4.61
  actual daily
41
59% of assets are more volatile

Expected Return

 -0.2
  actual daily
0
Most of other assets have higher returns

Risk-Adjusted Return

 -0.04
  actual daily
0
Most of other assets perform better
Based on monthly moving average Larimar Therapeutics is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Larimar Therapeutics by adding Larimar Therapeutics to a well-diversified portfolio.
Price Book
2.3421
Book Value
3.313
Enterprise Value
274.7 M
Enterprise Value Ebitda
(4.13)
Shares Float
31.9 M

Larimar Therapeutics Main Headline on 3rd of September 2024

Larimar Therapeutics initiated with an Outperform at Baird TipRanks

Larimar Therapeutics Valuation on September 3, 2024

It is possible to determine the worth of Larimar Therapeutics on a given historical date. On September 3, 2024 Larimar was worth 7.8 at the beginning of the trading date compared to the closed value of 6.92. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Larimar Therapeutics stock. Still, in general, we apply an absolute valuation method to find Larimar Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Larimar Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Larimar Therapeutics' related companies.
 Open High Low Close Volume
  8.06    8.16    7.82    7.91    169,803  
09/03/2024
  7.80    7.86    6.77    6.92    678,676  
  7.03    7.88    6.69    7.77    621,341  
Backtest Larimar Therapeutics  |  Larimar Therapeutics History  |  Larimar Therapeutics Valuation   PreviousNext  
Open Value
7.8
6.92
Closing Value
21.62
Upside

Larimar Therapeutics Trading Date Momentum on September 3, 2024

On September 04 2024 Larimar Therapeutics was traded for  7.77  at the closing time. The top price for the day was 7.88  and the lowest listed price was  6.69 . The trading volume for the day was 621.3 K. The trading history from September 4, 2024 was a factor to the next trading day price gain. The trading delta at closing time against the next closing price was 12.28% . The trading delta at closing time against the current closing price is 4.77% .

Larimar Therapeutics Fundamentals Correlations and Trends

By evaluating Larimar Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Larimar Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Larimar financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Larimar Therapeutics Stock history

Larimar Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Larimar is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Larimar Therapeutics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Larimar Therapeutics stock prices may prove useful in developing a viable investing in Larimar Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding43.9 M46.1 M
Net Loss-40.7 M-42.7 M

Larimar Therapeutics Quarterly Net Working Capital

209.97 Million

Larimar Therapeutics Stock Technical Analysis

Larimar Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Larimar Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Larimar Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Larimar Therapeutics Period Price Range

Low
October 20, 2024
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Larimar Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Larimar Therapeutics October 20, 2024 Market Strength

Market strength indicators help investors to evaluate how Larimar Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Larimar Therapeutics shares will generate the highest return on investment. By undertsting and applying Larimar Therapeutics stock market strength indicators, traders can identify Larimar Therapeutics entry and exit signals to maximize returns

Larimar Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Larimar Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Larimar Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Larimar to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Additional Tools for Larimar Stock Analysis

When running Larimar Therapeutics' price analysis, check to measure Larimar Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Larimar Therapeutics is operating at the current time. Most of Larimar Therapeutics' value examination focuses on studying past and present price action to predict the probability of Larimar Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Larimar Therapeutics' price. Additionally, you may evaluate how the addition of Larimar Therapeutics to your portfolios can decrease your overall portfolio volatility.