Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $2.77 in the prior trading day, Kyverna Therapeutics Inc (NASDAQ: KYTX) closed at $2.83, up 1.99%. In other words, the price has increased by $1.99 from its previous closing price. On the day, 0.64 million shares were traded. KYTX stock price reached its highest trading level at $2.97 during the session, while it also had its lowest trading level at $2.71.
Ratios:
Our goal is to gain a better understanding of KYTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.44 and its Current Ratio is at 7.44. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.01.
On October 10, 2024, UBS started tracking the stock assigning a Buy rating and target price of $13.
On October 09, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $16.Rodman & Renshaw initiated its Buy rating on October 09, 2024, with a $16 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, KYTX now has a Market Capitalization of 122093392 and an Enterprise Value of -103029056.
Stock Price History:
The Beta on a monthly basis for KYTX is 2.94, which has changed by -0.59671664 over the last 52 weeks, in comparison to a change of 0.1185931 over the same period for the S&P500. Over the past 52 weeks, KYTX has reached a high of $11.40, while it has fallen to a 52-week low of $1.78. The 50-Day Moving Average of the stock is 7.57%, while the 200-Day Moving Average is calculated to be -21.04%.
Shares Statistics:
The stock has traded on average 400.38K shares per day over the past 3-months and 806590 shares per day over the last 10 days, according to various share statistics. A total of 43.22M shares are outstanding, with a floating share count of 19.45M. Insiders hold about 54.98% of the company’s shares, while institutions hold 25.61% stake in the company. Shares short for KYTX as of 1749772800 were 2098502 with a Short Ratio of 5.24, compared to 1747267200 on 2579347. Therefore, it implies a Short% of Shares Outstanding of 2098502 and a Short% of Float of 8.459999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
