Pasithea Therapeutics Corp Stock Today

Pasithea Therapeutics is selling for under 0.0134 as of the 12th of June 2024; that is No Change since the beginning of the trading day. The stock's lowest day price was 0.0134. Equity ratings for Pasithea Therapeutics Corp are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 13th of May 2024 and ending today, the 12th of June 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
15th of September 2021
Category
Healthcare
Classification
Health Care
Valuation Profit Patterns
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Pasithea Stock Highlights

CEO DirectorTiago MD
Thematic IdeaPharmaceutical Products (View all Themes)
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, Pharmaceutical Products, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.01020.0097
Sufficiently Up
Slightly volatile
Total Current Liabilities1.4 M2.6 M
Way Down
Slightly volatile
Total Assets34.3 M26.1 M
Significantly Up
Slightly volatile
Total Current Assets28.7 M16.7 M
Way Up
Slightly volatile
Pasithea Therapeutics 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 Pasithea Therapeutics' financial leverage. It provides some insight into what part of Pasithea Therapeutics' total assets is financed by creditors.
Liquidity
Pasithea Therapeutics Corp has accumulated 81.68 K in total debt. Pasithea Therapeutics has a current ratio of 36.8, suggesting that it is liquid and has the ability to pay its financial obligations in time and when they become due. Note, when we think about Pasithea Therapeutics' use of debt, we should always consider it together with its cash and equity.

End Period Cash Flow

28.24 Million
Pasithea Therapeutics Corp (KTTAW) is traded on NASDAQ Exchange in USA. It is located in 1111 Lincoln Road, Miami Beach, FL, United States, 33139 and employs 8 people. Pasithea Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company classifies itself under Biotechnology sector and is part of Health Care industry. Pasithea Therapeutics Corp has accumulated about 568.98 K in cash with (13.43 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 0.07, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Pasithea Therapeutics Probability Of Bankruptcy

Pasithea Therapeutics Historical Income Statement

At this time, Pasithea Therapeutics' Depreciation And Amortization is fairly stable compared to the past year. Total Other Income Expense Net is likely to climb to about 737.1 K in 2024, despite the fact that Operating Income is likely to grow to (15.2 M). View More Fundamentals

Pasithea Stock Against Markets

Pasithea Therapeutics Related Equities

One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Pasithea Therapeutics stock to make a market-neutral strategy. Peer analysis of Pasithea Therapeutics could also be used in its relative valuation, which is a method of valuing Pasithea Therapeutics by comparing valuation metrics with similar companies.
 Risk & Return  Correlation

Pasithea Therapeutics Corporate Management

Additional Tools for Pasithea Stock Analysis

When running Pasithea Therapeutics' price analysis, check to measure Pasithea 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 Pasithea Therapeutics is operating at the current time. Most of Pasithea Therapeutics' value examination focuses on studying past and present price action to predict the probability of Pasithea Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pasithea Therapeutics' price. Additionally, you may evaluate how the addition of Pasithea Therapeutics to your portfolios can decrease your overall portfolio volatility.