Gaining Ground: Turnstone Biologics Corp (TSBX) Closes Lower at 0.41, Down -6.25

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The price of Turnstone Biologics Corp (NASDAQ: TSBX) closed at $0.41 in the last session, down -6.25% from day before closing price of $0.43. In other words, the price has decreased by -$6.25 from its previous closing price. On the day, 0.6 million shares were traded. TSBX stock price reached its highest trading level at $0.4499 during the session, while it also had its lowest trading level at $0.4.

Ratios:

We take a closer look at TSBX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 3.75 and its Current Ratio is at 3.75. In the meantime, Its Debt-to-Equity ratio is 0.04 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Piper Sandler on February 05, 2025, Downgraded its rating to Neutral and sets its target price to $0.40 from $3.75 previously.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, TSBX now has a Market Capitalization of 9367043 and an Enterprise Value of -34217976.

Stock Price History:

The Beta on a monthly basis for TSBX is 2.08, which has changed by -0.8096916 over the last 52 weeks, in comparison to a change of 0.21313763 over the same period for the S&P500. Over the past 52 weeks, TSBX has reached a high of $5.75, while it has fallen to a 52-week low of $0.40. The 50-Day Moving Average of the stock is -15.77%, while the 200-Day Moving Average is calculated to be -69.76%.

Shares Statistics:

According to the various share statistics, TSBX traded on average about 196.26K shares per day over the past 3-months and 496280 shares per day over the past 10 days. A total of 23.13M shares are outstanding, with a floating share count of 13.65M. Insiders hold about 40.99% of the company’s shares, while institutions hold 27.32% stake in the company. Shares short for TSBX as of 1738281600 were 482920 with a Short Ratio of 2.40, compared to 1735603200 on 442253. Therefore, it implies a Short% of Shares Outstanding of 482920 and a Short% of Float of 4.5100003.

Earnings Estimates

The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0.

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