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After finishing at $19.70 in the prior trading day, Travere Therapeutics Inc (NASDAQ: TVTX) closed at $19.41, down -1.47%. In other words, the price has decreased by -$1.47 from its previous closing price. On the day, 1.38 million shares were traded.
Ratios:
Our goal is to gain a better understanding of TVTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.08. In the meantime, Its Debt-to-Equity ratio is 6.80 whereas as Long-Term Debt/Eq ratio is at 5.54.
On October 21, 2024, Wells Fargo Upgraded its rating to Overweight which previously was Equal Weight and also upped its target price recommendation from $9 to $27.
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 Feb 12 ’25 when ROTE WILLIAM E. sold 5,200 shares for $23.53 per share. The transaction valued at 122,356 led to the insider holds 98,519 shares of the business.
REED ELIZABETH E sold 8,000 shares of TVTX for $188,240 on Feb 12 ’25. The SVP, GC & CORPORATE SECRETARY now owns 89,482 shares after completing the transaction at $23.53 per share. On Feb 11 ’25, another insider, Calvin Sandra, who serves as the SVP, CHIEF ACCOUNTING OFFICER of the company, sold 54,244 shares for $25.00 each. As a result, the insider received 1,356,100 and left with 54,410 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 7.39 while its Price-to-Book (P/B) ratio in mrq is 28.73.
Stock Price History:
Over the past 52 weeks, TVTX has reached a high of $25.29, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is -3.09%, while the 200-Day Moving Average is calculated to be 34.93%.
Shares Statistics:
A total of 87.45M shares are outstanding, with a floating share count of 87.38M. Insiders hold about 1.53% of the company’s shares, while institutions hold 109.30% stake in the company.
