Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
Tarsus Pharmaceuticals Inc (NASDAQ: TARS) closed the day trading at $41.29 down -9.33% from the previous closing price of $45.54. In other words, the price has decreased by -$9.33 from its previous closing price. On the day, 1.78 million shares were traded.
Ratios:
For a better understanding of TARS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.38 and its Current Ratio is at 5.42. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Goldman on November 20, 2023, initiated with a Neutral rating and assigned the stock a target price of $19.
On July 18, 2023, William Blair started tracking the stock assigning a Outperform rating and target price of $44.
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 12 ’24 when LINK WILLIAM J PHD sold 35,000 shares for $26.08 per share. The transaction valued at 912,961 led to the insider holds 0 shares of the business.
FLYING L PARTNERS XI LLC bought 35,000 shares of TARS for $939,750 on Aug 12 ’24. On Jun 18 ’24, another insider, Farrow Jeffrey S, who serves as the insider of the company, sold 10,445 shares for $27.47 each. As a result, the insider received 286,924 and left with 18,136 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 12.18 while its Price-to-Book (P/B) ratio in mrq is 6.64.
Stock Price History:
Over the past 52 weeks, TARS has reached a high of $57.28, while it has fallen to a 52-week low of $20.08. The 50-Day Moving Average of the stock is -19.82%, while the 200-Day Moving Average is calculated to be 6.99%.
Shares Statistics:
A total of 38.20M shares are outstanding, with a floating share count of 32.96M. Insiders hold about 13.77% of the company’s shares, while institutions hold 102.33% stake in the company.
