Athira Pharma Inc (ATHA) Stocks Reach New Highs at $2.62 During Trading Session

After finishing at $2.57 in the prior trading day, Athira Pharma Inc (NASDAQ: ATHA) closed at $2.62, up 1.95%. In other words, the price has increased by $+0.0500 from its previous closing price. On the day, 534365 shares were traded. ATHA stock price reached its highest trading level at $2.7400 during the session, while it also had its lowest trading level at $2.5301.

Ratios:

Our goal is to gain a better understanding of ATHA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.37 and its Current Ratio is at 5.37. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On July 07, 2022, Mizuho started tracking the stock assigning a Buy rating and target price of $6.

Stifel Downgraded its Buy to Hold on June 23, 2022, whereas the target price for the stock was revised from $36 to $5.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 05 ’24 when Litton Mark James sold 4,820 shares for $2.91 per share. The transaction valued at 14,026 led to the insider holds 144,397 shares of the business.

Worthington Mark sold 2,412 shares of ATHA for $7,019 on Jan 05 ’24. The General Counsel now owns 34,452 shares after completing the transaction at $2.91 per share. On Jan 05 ’24, another insider, Lenington Rachel, who serves as the Chief Operating Officer of the company, sold 2,412 shares for $2.91 each. As a result, the insider received 7,019 and left with 13,395 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ATHA now has a Market Capitalization of 100.38M and an Enterprise Value of -45.46M.

Stock Price History:

Over the past 52 weeks, ATHA has reached a high of $4.30, while it has fallen to a 52-week low of $1.33. The 50-Day Moving Average of the stock is 3.2977, while the 200-Day Moving Average is calculated to be 2.5552.

Shares Statistics:

The stock has traded on average 409.40K shares per day over the past 3-months and 701.7k shares per day over the last 10 days, according to various share statistics. A total of 38.17M shares are outstanding, with a floating share count of 35.32M. Insiders hold about 7.84% of the company’s shares, while institutions hold 56.99% stake in the company. Shares short for ATHA as of Feb 29, 2024 were 783.58k with a Short Ratio of 1.91, compared to 717.59k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.04% and a Short% of Float of 2.79%.

Earnings Estimates

Its stock is currently analyzed by 4 different market analysts. On average, analysts expect EPS of -$0.79 for the current quarter, with a high estimate of -$0.73 and a low estimate of -$0.86, while EPS last year was -$0.73. The consensus estimate for the next quarter is -$0.79, with high estimates of -$0.74 and low estimates of -$0.88.

Analysts are recommending an EPS of between -$3.01 and -$3.54 for the fiscal current year, implying an average EPS of -$3.24. EPS for the following year is -$1.97, with 4 analysts recommending between -$0.64 and -$3.58.

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