In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Tenaya Therapeutics Inc (NASDAQ: TNYA) closed at $0.67 in the last session, down -0.80% from day before closing price of $0.68. In other words, the price has decreased by -$0.80 from its previous closing price. On the day, 1.57 million shares were traded. TNYA stock price reached its highest trading level at $0.69 during the session, while it also had its lowest trading level at $0.6442.
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 6.68 and its Current Ratio is at 6.68. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 May 16 ’25 when Higa Tomohiro sold 1,390 shares for $0.44 per share. The transaction valued at 615 led to the insider holds 98,300 shares of the business.
Tingley Whittemore sold 2,937 shares of TNYA for $1,300 on May 16 ’25. The Chief Medical Officer now owns 171,856 shares after completing the transaction at $0.44 per share. On May 16 ’25, another insider, Ali Faraz, who serves as the Chief Executive Officer of the company, sold 3,189 shares for $0.44 each. As a result, the insider received 1,412 and left with 317,325 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 109182392 and an Enterprise Value of 33837444.
Stock Price History:
The Beta on a monthly basis for TNYA is 3.01, which has changed by -0.7368628 over the last 52 weeks, in comparison to a change of 0.20277917 over the same period for the S&P500. Over the past 52 weeks, TNYA has reached a high of $4.01, while it has fallen to a 52-week low of $0.36. The 50-Day Moving Average of the stock is 5.03%, while the 200-Day Moving Average is calculated to be -42.94%.
Shares Statistics:
According to the various share statistics, TNYA traded on average about 2.53M shares per day over the past 3-months and 2203110 shares per day over the past 10 days. A total of 162.66M shares are outstanding, with a floating share count of 134.18M. Insiders hold about 17.51% of the company’s shares, while institutions hold 27.55% stake in the company. Shares short for TNYA as of 1752537600 were 10199968 with a Short Ratio of 4.03, compared to 1749772800 on 11886133. Therefore, it implies a Short% of Shares Outstanding of 10199968 and a Short% of Float of 17.28.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
