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The price of Tyra Biosciences Inc (NASDAQ: TYRA) closed at $15.39 in the last session, down -5.81% from day before closing price of $16.34. In other words, the price has decreased by -$5.81 from its previous closing price. On the day, 0.73 million shares were traded. TYRA stock price reached its highest trading level at $16.37 during the session, while it also had its lowest trading level at $15.04.
Ratios:
We take a closer look at TYRA’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 29.55 and its Current Ratio is at 29.55. 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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 14 ’24 when Tada Hiroomi bought 10,107 shares for $15.94 per share.
RA CAPITAL MANAGEMENT, L.P. bought 1,220,681 shares of TYRA for $19,836,066 on Nov 08 ’24. The Director now owns 8,697,956 shares after completing the transaction at $16.25 per share. On Nov 06 ’24, another insider, Kjellson Nina S, who serves as the Director of the company, sold 52,491 shares for $17.18 each. As a result, the insider received 901,559 and left with 451,629 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 778780160 and an Enterprise Value of 459885376.
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 $10.60. The 50-Day Moving Average of the stock is -27.78%, while the 200-Day Moving Average is calculated to be -20.06%.
Shares Statistics:
According to the various share statistics, TYRA traded on average about 301.25K shares per day over the past 3-months and 346870 shares per day over the past 10 days. A total of 43.02M shares are outstanding, with a floating share count of 29.11M. Insiders hold about 44.94% of the company’s shares, while institutions hold 52.44% stake in the company. Shares short for TYRA as of 1730332800 were 1756303 with a Short Ratio of 5.83, compared to 1727654400 on 2381448. Therefore, it implies a Short% of Shares Outstanding of 1756303 and a Short% of Float of 5.96.
