Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Tenaya Therapeutics Inc (NASDAQ: TNYA) closed the day trading at $1.21 down -3.97% from the previous closing price of $1.26. In other words, the price has decreased by -$3.97 from its previous closing price. On the day, 2.13 million shares were traded. TNYA stock price reached its highest trading level at $1.28 during the session, while it also had its lowest trading level at $1.21.
Ratios:
For a better understanding of TNYA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.27 and its Current Ratio is at 5.27. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
On November 30, 2023, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $7.
On June 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $25.H.C. Wainwright initiated its Buy rating on June 15, 2022, with a $25 target price.
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 Nov 18 ’24 when Saito Chihiro sold 2,258 shares for $2.12 per share. The transaction valued at 4,787 led to the insider holds 60,983 shares of the business.
Saito Chihiro sold 2,363 shares of TNYA for $6,840 on Aug 16 ’24. The SVP, Accounting and Fin. Ops. now owns 63,241 shares after completing the transaction at $2.89 per share. On Aug 16 ’24, another insider, Tingley Whittemore, who serves as the Chief Medical Officer of the company, sold 7,428 shares for $2.89 each. As a result, the insider received 21,500 and left with 107,106 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, TNYA now has a Market Capitalization of 95856800 and an Enterprise Value of 30925824.
Stock Price History:
The Beta on a monthly basis for TNYA is 2.84, which has changed by -0.74844074 over the last 52 weeks, in comparison to a change of 0.23809385 over the same period for the S&P500. Over the past 52 weeks, TNYA has reached a high of $7.01, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is -43.90%, while the 200-Day Moving Average is calculated to be -58.07%.
Shares Statistics:
Over the past 3-months, TNYA traded about 5.12M shares per day on average, while over the past 10 days, TNYA traded about 1838210 shares per day. A total of 79.22M shares are outstanding, with a floating share count of 65.64M. Insiders hold about 17.15% of the company’s shares, while institutions hold 57.48% stake in the company. Shares short for TNYA as of 1735603200 were 12416204 with a Short Ratio of 2.43, compared to 1732838400 on 14048506. Therefore, it implies a Short% of Shares Outstanding of 12416204 and a Short% of Float of 22.439999999999998.
