Market Recap: Taysha Gene Therapies Inc (TSHA)’s Positive Momentum, Closing at 2.49

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

The closing price of Taysha Gene Therapies Inc (NASDAQ: TSHA) was $2.49 for the day, up 1.22%% from the previous closing price of $2.46. In other words, the price has increased by $1.22% from its previous closing price. On the day, 3.09 million shares were traded.

Ratios:

Our analysis of TSHA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.35 and its Current Ratio is at 5.35. In the meantime, Its Debt-to-Equity ratio is 1.13 whereas as Long-Term Debt/Eq ratio is at 1.09.

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, BMO Capital Markets on June 27, 2024, initiated with a Outperform rating and assigned the stock a target price of $5.

On April 09, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $9.

Jefferies Downgraded its Buy to Hold on February 01, 2023, whereas the target price for the stock was revised from $14 to $1.50.

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 May 30 ’25 when Manning Paul B bought 750,000 shares for $2.75 per share. The transaction valued at 2,062,500 led to the insider holds 2,841,704 shares of the business.

Manning Paul B bought 1,333,333 shares of TSHA for $2,999,999 on Jun 27 ’24. The 10% Owner now owns 1,333,333 shares after completing the transaction at $2.25 per share.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 90.19 while its Price-to-Book (P/B) ratio in mrq is 9.27.

Stock Price History:

Over the past 52 weeks, TSHA has reached a high of $3.31, while it has fallen to a 52-week low of $1.05. The 50-Day Moving Average of the stock is 9.08%, while the 200-Day Moving Average is calculated to be 25.57%.

Shares Statistics:

A total of 261.53M shares are outstanding, with a floating share count of 213.50M. Insiders hold about 18.37% of the company’s shares, while institutions hold 62.25% stake in the company.

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