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After finishing at $15.04 in the prior trading day, Travere Therapeutics Inc (NASDAQ: TVTX) closed at $14.01, down -6.85%. In other words, the price has decreased by -$6.85 from its previous closing price. On the day, 2.93 million shares were traded. TVTX stock price reached its highest trading level at $14.9 during the session, while it also had its lowest trading level at $13.972.
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 2.99 and its Current Ratio is at 3.04. In the meantime, Its Debt-to-Equity ratio is 26.62 whereas as Long-Term Debt/Eq ratio is at 26.27.
Citigroup Upgraded its Neutral to Buy on December 05, 2023, whereas the target price for the stock was revised from $7 to $10.
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 Sep 11 ’24 when Calvin Sandra bought 15,000 shares for $14.80 per share.
Inrig Jula sold 684 shares of TVTX for $8,878 on Sep 10 ’24. The CHIEF MEDICAL OFFICER now owns 61,949 shares after completing the transaction at $12.98 per share. On Sep 09 ’24, another insider, ROTE WILLIAM E., who serves as the SENIOR VICE PRESIDENT, R&D of the company, sold 4,387 shares for $11.52 each. As a result, the insider received 50,538 and left with 84,455 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, TVTX now has a Market Capitalization of 1071646016 and an Enterprise Value of 1149475712. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.03 while its Price-to-Book (P/B) ratio in mrq is 70.72. Its current Enterprise Value per Revenue stands at 6.471 whereas that against EBITDA is -4.179.
Stock Price History:
Over the past 52 weeks, TVTX has reached a high of $15.36, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 32.43%, while the 200-Day Moving Average is calculated to be 64.65%.
Shares Statistics:
The stock has traded on average 1.44M shares per day over the past 3-months and 2404050 shares per day over the last 10 days, according to various share statistics. A total of 75.37M shares are outstanding, with a floating share count of 75.34M. Insiders hold about 1.52% of the company’s shares, while institutions hold 117.55% stake in the company. Shares short for TVTX as of 1726185600 were 8657111 with a Short Ratio of 6.01, compared to 1723680000 on 9295562. Therefore, it implies a Short% of Shares Outstanding of 8657111 and a Short% of Float of 12.73.
