Deeper Dive: Understanding Tenaya Therapeutics Inc (TNYA) Through its Various Ratios

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The price of Tenaya Therapeutics Inc (NASDAQ: TNYA) closed at $1.01 in the last session, up 1.00% from day before closing price of $1.00. In other words, the price has increased by $1.00 from its previous closing price. On the day, 0.63 million shares were traded.

Ratios:

We take a closer look at TNYA’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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.

Stock Price History:

Over the past 52 weeks, TNYA has reached a high of $7.01, while it has fallen to a 52-week low of $0.86. The 50-Day Moving Average of the stock is -21.03%, while the 200-Day Moving Average is calculated to be -59.19%.

Shares Statistics:

A total of 79.22M shares are outstanding, with a floating share count of 65.32M. Insiders hold about 17.55% of the company’s shares, while institutions hold 41.54% stake in the company.

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