In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Tyra Biosciences Inc (NASDAQ: TYRA) was $10.00 for the day, down -4.76% from the previous closing price of $10.50. In other words, the price has decreased by -$4.76 from its previous closing price. On the day, 0.73 million shares were traded.
Ratios:
Our analysis of TYRA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 23.81 and its Current Ratio is at 23.81. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, UBS on January 07, 2025, initiated with a Buy rating and assigned the stock a target price of $28.
On October 18, 2024, BofA Securities Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $22 to $31.
On August 15, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $33.Piper Sandler initiated its Overweight rating on August 15, 2024, with a $33 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 05 ’25 when Kjellson Nina S sold 5,401 shares for $13.76 per share. The transaction valued at 74,324 led to the insider holds 443,885 shares of the business.
Canaan XI, LP bought 120,000 shares of TYRA for $1,650,000 on Feb 05 ’25. On Feb 05 ’25, another insider, Canaan 2020 Plus Co-Investment, who serves as the Director of the company, bought 112,500 shares for $13.75 each.
Stock Price History:
Over the past 52 weeks, TYRA has reached a high of $29.60, while it has fallen to a 52-week low of $6.42. The 50-Day Moving Average of the stock is 0.26%, while the 200-Day Moving Average is calculated to be -38.78%.
Shares Statistics:
A total of 50.75M shares are outstanding, with a floating share count of 30.76M. Insiders hold about 39.40% of the company’s shares, while institutions hold 62.76% stake in the company.
