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The closing price of Ideaya Biosciences Inc (NASDAQ: IDYA) was $30.82 for the day, up 1.15% from the previous closing price of $30.47. In other words, the price has increased by $1.15 from its previous closing price. On the day, 0.57 million shares were traded. IDYA stock price reached its highest trading level at $31.1 during the session, while it also had its lowest trading level at $30.43.
Ratios:
Our analysis of IDYA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.50 and its Current Ratio is at 17.50. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 08, 2024, Mizuho started tracking the stock assigning a Outperform rating and target price of $50.
On March 08, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $55.BTIG Research initiated its Buy rating on March 08, 2024, with a $55 target price.
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 Aug 26 ’24 when Jason Throne bought 75,000 shares for $40.22 per share.
WHITE MICHAEL ANTHONY sold 28,500 shares of IDYA for $1,032,884 on May 29 ’24. The Chief Scientific Officer now owns 0 shares after completing the transaction at $36.24 per share. On May 15 ’24, another insider, Hata Yujiro S, who serves as the President and CEO of the company, sold 83,856 shares for $42.90 each. As a result, the insider received 3,597,756 and left with 677,887 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, IDYA now has a Market Capitalization of 2603719936 and an Enterprise Value of 1903930624. For the stock, the TTM Price-to-Sale (P/S) ratio is 217.70 while its Price-to-Book (P/B) ratio in mrq is 2.52. Its current Enterprise Value per Revenue stands at 159.178 whereas that against EBITDA is -10.08.
Stock Price History:
Over the past 52 weeks, IDYA has reached a high of $47.74, while it has fallen to a 52-week low of $23.41. The 50-Day Moving Average of the stock is -12.56%, while the 200-Day Moving Average is calculated to be -22.12%.
Shares Statistics:
IDYA traded an average of 712.16K shares per day over the past three months and 729120 shares per day over the past ten days. A total of 84.48M shares are outstanding, with a floating share count of 76.56M. Insiders hold about 9.37% of the company’s shares, while institutions hold 91.78% stake in the company. Shares short for IDYA as of 1727654400 were 12075624 with a Short Ratio of 16.96, compared to 1724976000 on 11421316. Therefore, it implies a Short% of Shares Outstanding of 12075624 and a Short% of Float of 15.98.
