Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Turnstone Biologics Corp (NASDAQ: TSBX) closed at $0.35 in the last session, up 6.14% from day before closing price of $0.33. In other words, the price has increased by $6.14 from its previous closing price. On the day, 4.9 million shares were traded. TSBX stock price reached its highest trading level at $0.3774 during the session, while it also had its lowest trading level at $0.3451.
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 3.70 and its Current Ratio is at 3.70. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 8161583 and an Enterprise Value of -12995399.
Stock Price History:
The Beta on a monthly basis for TSBX is 1.26, which has changed by -0.86679244 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, TSBX has reached a high of $3.00, while it has fallen to a 52-week low of $0.29. The 50-Day Moving Average of the stock is 2.32%, while the 200-Day Moving Average is calculated to be -19.73%.
Shares Statistics:
According to the various share statistics, TSBX traded on average about 263.34K shares per day over the past 3-months and 571470 shares per day over the past 10 days. A total of 23.14M shares are outstanding, with a floating share count of 17.23M. Insiders hold about 25.54% of the company’s shares, while institutions hold 22.75% stake in the company. Shares short for TSBX as of 1749772800 were 430090 with a Short Ratio of 1.63, compared to 1747267200 on 306394. Therefore, it implies a Short% of Shares Outstanding of 430090 and a Short% of Float of 3.74.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
