Investor’s Toolkit: Key Ratios for Assessing Tyra Biosciences Inc (TYRA)’s Performance

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Tyra Biosciences Inc (NASDAQ: TYRA) closed the day trading at $21.93 down -23.35% from the previous closing price of $28.61. In other words, the price has decreased by -$23.35 from its previous closing price. On the day, 2.48 million shares were traded. TYRA stock price reached its highest trading level at $24.16 during the session, while it also had its lowest trading level at $19.61.

Ratios:

For a better understanding of TYRA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 36.46 and its Current Ratio is at 36.46. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.02.

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, BofA Securities on October 18, 2024, Upgraded its rating to Buy and sets its target price to $31 from $22 previously.

On August 15, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $33.

BofA Securities Downgraded its Buy to Neutral on December 15, 2023, whereas the target price for the stock was revised from $25 to $15.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 18 ’24 when Harris Todd sold 43,636 shares for $27.01 per share. The transaction valued at 1,178,796 led to the insider holds 1,375,011 shares of the business.

Harris Todd sold 19,084 shares of TYRA for $532,451 on Oct 21 ’24. The President and CEO now owns 1,355,927 shares after completing the transaction at $27.90 per share. On Oct 16 ’24, another insider, Harris Todd, who serves as the President and CEO of the company, sold 33,297 shares for $26.17 each. As a result, the insider received 871,430 and left with 1,434,041 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, TYRA now has a Market Capitalization of 1491244416 and an Enterprise Value of 789113536.

Stock Price History:

Over the past 52 weeks, TYRA has reached a high of $29.60, while it has fallen to a 52-week low of $10.38. The 50-Day Moving Average of the stock is -4.10%, while the 200-Day Moving Average is calculated to be 15.49%.

Shares Statistics:

Over the past 3-months, TYRA traded about 183.12K shares per day on average, while over the past 10 days, TYRA traded about 518430 shares per day. A total of 43.02M shares are outstanding, with a floating share count of 28.82M. Insiders hold about 45.34% of the company’s shares, while institutions hold 49.64% stake in the company. Shares short for TYRA as of 1728950400 were 2199375 with a Short Ratio of 12.01, compared to 1726185600 on 2396201. Therefore, it implies a Short% of Shares Outstanding of 2199375 and a Short% of Float of 7.48.

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