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.
The closing price of Syros Pharmaceuticals Inc (NASDAQ: SYRS) was $0.24 for the day, up 11.97% from the previous closing price of $0.21. In other words, the price has increased by $11.97 from its previous closing price. On the day, 1.4 million shares were traded. SYRS stock price reached its highest trading level at $0.2428 during the session, while it also had its lowest trading level at $0.2093.
Ratios:
Our analysis of SYRS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.25 and its Current Ratio is at 2.25.
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, H.C. Wainwright on November 04, 2020, Upgraded its rating to Buy and sets its target price to $15 from $11 previously.
On September 22, 2020, Alliance Global Partners started tracking the stock assigning a Buy rating and target price of $18.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 30 ’24 when AKKARAJU SRINIVAS bought 9,333 shares for $0.25 per share.
Flagship Pioneering Fund VII, bought 1,331,624 shares of SYRS for $279,641 on Dec 27 ’24. On Dec 13 ’24, another insider, Flagship VentureLabs IV LLC, who serves as the Affiliate of the company, bought 21,333 shares for $0.23 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, SYRS now has a Market Capitalization of 6375402 and an Enterprise Value of 8326392. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.34. Its current Enterprise Value per Revenue stands at 21.571 whereas that against EBITDA is -0.076.
Stock Price History:
Over the past 52 weeks, SYRS has reached a high of $7.96, while it has fallen to a 52-week low of $0.18. The 50-Day Moving Average of the stock is -64.21%, while the 200-Day Moving Average is calculated to be -92.63%.
Shares Statistics:
SYRS traded an average of 9.51M shares per day over the past three months and 4903330 shares per day over the past ten days. A total of 26.83M shares are outstanding, with a floating share count of 17.43M. Insiders hold about 35.03% of the company’s shares, while institutions hold 36.38% stake in the company. Shares short for SYRS as of 1735603200 were 1099614 with a Short Ratio of 0.12, compared to 1732838400 on 2234994. Therefore, it implies a Short% of Shares Outstanding of 1099614 and a Short% of Float of 4.46.
