Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Ideaya Biosciences Inc (NASDAQ: IDYA) closed the day trading at $17.42 down -4.18% from the previous closing price of $18.18. In other words, the price has decreased by -$4.18 from its previous closing price. On the day, 0.94 million shares were traded.
Ratios:
For a better understanding of IDYA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.92 and its Current Ratio is at 13.92. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 this company, Stephens on November 18, 2024, initiated with a Overweight rating and assigned the stock a target price of $51.
On November 05, 2024, Leerink Partners Downgraded its rating to Market Perform which previously was Outperform but kept the price unchanged to $27.
On October 24, 2024, UBS started tracking the stock assigning a Buy rating and target price of $50.UBS initiated its Buy rating on October 24, 2024, with a $50 target price.
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 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 217.95 while its Price-to-Book (P/B) ratio in mrq is 1.49.
Stock Price History:
Over the past 52 weeks, IDYA has reached a high of $44.42, while it has fallen to a 52-week low of $13.45. The 50-Day Moving Average of the stock is -3.02%, while the 200-Day Moving Average is calculated to be -35.31%.
Shares Statistics:
A total of 87.57M shares are outstanding, with a floating share count of 80.88M. Insiders hold about 7.65% of the company’s shares, while institutions hold 99.29% stake in the company.
