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Stock impact report

Atai Life Sciences (ATAI): Assessing an Expensive-Looking Valuation After a Strong Share Price Run [Yahoo! Finance]

Atai Beckley N.V - Common Shares (ATAI) 
US:NASDAQ Investor Relations: ir.atai.net.cn
Company Research Source: Yahoo! Finance
See our latest analysis for Atai Beckley. The latest pullback has not undone what has been a powerful run, with Atai Beckley posting a year to date share price return of 161.88 percent and a 1 year total shareholder return of 240.65 percent. This suggests momentum is still very much in play even after some volatility. If the recent swings in Atai Beckley have you rethinking your healthcare exposure, this is a good moment to explore other potential ideas through healthcare stocks With a still tiny revenue base, a widening clinical pipeline, and a stock that trades at a steep discount to analyst targets, the key question now is whether this is a genuine buying opportunity or if markets are already pricing in future growth. At a last close of $4.19, Atai Beckley changes hands at a rich looking price to book ratio of 9.5 times versus more traditional drug makers. The price to book multiple compares the market value of the equity to the accounting value of its net assets. This l Show less Read more
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