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After finishing at $18.10 in the prior trading day, Travere Therapeutics Inc (NASDAQ: TVTX) closed at $17.97, down -0.72%. In other words, the price has decreased by -$0.72 from its previous closing price. On the day, 0.77 million shares were traded. TVTX stock price reached its highest trading level at $18.2489 during the session, while it also had its lowest trading level at $17.64.
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.
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 the company, Wells Fargo on October 21, 2024, Upgraded its rating to Overweight and sets its target price to $27 from $9 previously.
Guggenheim Upgraded its Neutral to Buy on September 09, 2024, while the target price for the stock was maintained at $25.
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 Oct 04 ’24 when LYONS GARY A sold 40,000 shares for $14.73 per share. The transaction valued at 589,101 led to the insider holds 51,000 shares of the business.
GARY A LYONS bought 40,000 shares of TVTX for $546,000 on Oct 04 ’24. On Sep 30 ’24, another insider, Meckler Jeffrey A, who serves as the Director of the company, sold 40,000 shares for $14.06 each. As a result, the insider received 562,324 and left with 81,000 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 1374552320 and an Enterprise Value of 1462325888. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.74 while its Price-to-Book (P/B) ratio in mrq is 90.71. Its current Enterprise Value per Revenue stands at 8.232 whereas that against EBITDA is -5.316.
Stock Price History:
Over the past 52 weeks, TVTX has reached a high of $19.25, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 37.56%, while the 200-Day Moving Average is calculated to be 96.07%.
Shares Statistics:
The stock has traded on average 1.74M shares per day over the past 3-months and 2441330 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 1.51% of the company’s shares, while institutions hold 116.50% stake in the company. Shares short for TVTX as of 1727654400 were 6962090 with a Short Ratio of 4.00, compared to 1724976000 on 9253644. Therefore, it implies a Short% of Shares Outstanding of 6962090 and a Short% of Float of 10.24.
