Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
Tempest Therapeutics Inc (NASDAQ: TPST) closed the day trading at $3.2 down -23.26% from the previous closing price of $4.17. In other words, the price has decreased by -$23.26 from its previous closing price. On the day, 0.69 million shares were traded. TPST stock price reached its highest trading level at $3.49 during the session, while it also had its lowest trading level at $3.01.
Ratios:
For a better understanding of TPST, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.30 and its Current Ratio is at 2.30. In the meantime, Its Debt-to-Equity ratio is 1.32 whereas as Long-Term Debt/Eq ratio is at 1.14.
On March 14, 2024, Scotiabank started tracking the stock assigning a Sector Outperform rating and target price of $13.Scotiabank initiated its Sector Outperform rating on March 14, 2024, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TPST now has a Market Capitalization of 14208515 and an Enterprise Value of 15099515.
Stock Price History:
The Beta on a monthly basis for TPST is -2.26, which has changed by -0.6658654 over the last 52 weeks, in comparison to a change of 0.1177547 over the same period for the S&P500. Over the past 52 weeks, TPST has reached a high of $13.65, while it has fallen to a 52-week low of $3.30. The 50-Day Moving Average of the stock is -66.35%, while the 200-Day Moving Average is calculated to be -63.33%.
Shares Statistics:
Over the past 3-months, TPST traded about 81.10K shares per day on average, while over the past 10 days, TPST traded about 264920 shares per day. A total of 4.44M shares are outstanding, with a floating share count of 4.13M. Insiders hold about 6.97% of the company’s shares, while institutions hold 6.36% stake in the company. Shares short for TPST as of 1763078400 were 153644 with a Short Ratio of 1.92, compared to 1760486400 on 160226. Therefore, it implies a Short% of Shares Outstanding of 153644 and a Short% of Float of 3.46.
