The Allied Minds share price has been on a roller coaster ride over the past year. The stock is down nearly 60% from its 52-week high, and investors are wondering if the company can turn things around.
Allied Minds is a venture capital firm that invests in early-stage technology companies.
The company has had some success stories, but also some big misses. In recent years, Allied Minds has been criticized for its lack of transparency and for paying its executives large salaries while delivering poor results to shareholders.
Allied Minds is facing some headwinds, but there are also reasons to be optimistic about the company’s future.
In this blog post, we’ll take a look at both the challenges and opportunities that Allied Minds faces and try to answer the question: Is now a good time to buy Allied Minds shares?
Allied Minds share price has been on the rise in recent months, Thanks to strong performance from its portfolio companies.
The company’s stock is up nearly 50% since the beginning of the year, and it doesn’t look like things are going to slow down anytime soon.
With a number of new products and therapies in development across its portfolio, Allied Minds is well positioned for continued growth.
And with a market cap of just over $1 billion, there’s still plenty of upside potential for investors.
If you’re looking for a high-growth stock to add to your portfolio, Allied Minds is definitely worth considering.
Alm Share Price
Alm share price is a publicly traded company on the stock market. The ticker symbol for Alm is (ALM). The current share price as of 9:15 am EST on December 12, 2017 is $1.93 per share.
The 52 week high and low prices are $3.48 and $1.60 respectively.
The company’s market capitalization is currently $66 million dollars. Alm trades on the OTCQB Venture Market exchange in the United States and Canada.
The company was founded in 2003 and has its headquarters in Vancouver, British Columbia, Canada.
The President, CEO and Director of Alm is Johnathan Lee who owns approximately 2% of the outstanding shares of the company according to SEDAR filings (Canadian regulatory filings). Mr. Lee has been with Alm since 2004 when he served as Chief Financial Officer before being promoted to his current role in 2009 .
Prior to joining Alm, Mr. Lee worked as a Chartered Accountant with KPMG LLP from 2001-2004 where he focused on assurance services for public companies involved in various industries including technology, manufacturing and distribution .
The majority shareholder ofalm is HMI Capital Partners Ltd., an entity controlled by Harry Malouf who beneficially owns or controls approximately 26% ofthe issuedand outstanding common shares of alm through HMI Holdings Ltd., HMIPartners GP Ltd., HMI IPL Partnership Ltd., 187445 Alberta Inc., 2034069 Ontario Inc.,HMI IPL Manager Corp.and HCAP Advisors LLC(collectively,”HMI”). HarryMaloufis also the chairmanof alm’s boardof directors .
Credit: bikepacking.com
What is the Current Share Price of Allied Minds
According to Yahoo Finance, as of 4:00 PM on February 26, 2020, the current share price of Allied Minds is $2.15.
How Has the Share Price of Allied Minds Performed Over Time
Allied Minds is a holding company that invents, acquires, and commercializes technologies developed at leading U.S. universities and federal research institutions. The Company operates in six segments: Physical Sciences; Biological Sciences; Information & Computing Sciences; Engineering Sciences; Energy & Environmental Technologies; and medical technology. As of December 31, 2016, Allied Minds had 47 portfolio companies.
The Company’s shares have traded on the Nasdaq Global Market under the symbol “ALM” since October 5, 2011.
On January 25, 2018, the last reported sale price of Allied Minds’ common stock was $2.15 per share. The Company’s 52-week high and low stock prices were $3.40 and $1.85 per share, respectively.
As of March 15, 2019, there were approximately 86 million shares of Allied Minds common stock outstanding and held by approximately 2,900 shareholders of record..
Why Might the Share Price of Allied Minds Be Volatile
The share price of Allied Minds may be volatile due to a number of factors. The company is a venture capital firm that invests in early-stage technology companies. As such, its performance is dependent on the success of its portfolio companies.
If one or more of these companies perform poorly, it could drag down the overall performance of Allied Minds and lead to a decline in its share price.
Another factor that could contribute to volatility is the nature of the investments made by Allied Minds. Many of the companies it invests in are young and unproven, so there is always a certain amount of risk involved.
Additionally, because Allied Minds often provides seed funding to these companies, it may be more susceptible to changes in market conditions than other firms that invest later on in a company’s development.
Finally, Allied Minds is itself a relatively young company. It went public in 2014 and has yet to establish itself as a major player in the venture capital industry.
As it continues to grow and mature, its share price may become less volatile as investors gain more confidence in its long-term prospects.
What Factors Could Affect the Future Share Price of Allied Minds
Allied Minds is a venture capital firm that invests in early-stage technology companies. The company was founded in 2006 and is headquartered in Boston, MA. Allied Minds has invested in over 70 companies, including notable firms such as Akamai Technologies, AppNexus, and BigCommerce.
As of March 2018, Allied Minds has a market capitalization of $1.34 billion.
There are several factors that could affect the future share price of Allied Minds. First, the performance of the companies in which Allied Minds has invested will have a significant impact on the value of the firm’s portfolio.
If these companies are successful and generate strong returns, then Allied Minds’ shares will likely increase in value. Conversely, if these companies underperform or experience setbacks, then the value of Allied Minds’ shares will likely decline.
Another factor that could affect Allied Minds’ share price is the overall performance of the venture capital industry.
Venture capitalists typically invest in high-growth industries and sectors such as technology, healthcare, and biotechnology. Thus, when these industries are doing well and growing rapidly, venture capitalists tend to generate strong returns for their investors. However, when these industries experience slower growth or negative headwinds, venture capitalists often see their portfolios decline in value.
Given that Allied Minds invests heavily in high-growth industries like technology and healthcare, the firm’s share price will be closely tied to the overall performance of these sectors.
digital theme stock | IT SECTOR SMALL CAP STOCKS | BEST SMALL CAP STOCKS TO BUY NOW 2021
Conclusion
Allied Minds is a holding company that invests in small businesses with innovative technology. The company was founded in 2006 and is headquartered in Boston, Massachusetts. Allied Minds has a portfolio of over 50 companies, including seven that are publicly traded.
On January 26, 2018, the stock price of Allied Minds plc (LSE: ALM) closed at 163.0p per share. This was an increase of 1.3% from the previous day’s close of 161.1p per share. The stock price has been on a general upward trend since hitting a 52-week low of 113.6p per share in early September 2017.
Despite this recent positive movement, the stock is still down 27% from its 52-week high of 223.0p per share reached back in February 2017.
