Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Protara Therapeutics Inc (NASDAQ: TARA) closed at $4.55 down -1.73% from its previous closing price of $4.63. In other words, the price has decreased by -$1.73 from its previous closing price. On the day, 0.24 million shares were traded. TARA stock price reached its highest trading level at $4.66 during the session, while it also had its lowest trading level at $4.51.
Ratios:
For a deeper understanding of Protara Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.85 and its Current Ratio is at 9.85. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.04.
On June 04, 2021, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $40.
On February 17, 2021, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $43.Oppenheimer initiated its Outperform rating on February 17, 2021, with a $43 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 12 ’24 when Opaleye Management Inc. sold 126,301 shares for $1.71 per share. The transaction valued at 215,836 led to the insider holds 45,000 shares of the business.
Opaleye Management Inc. sold 32,600 shares of TARA for $55,880 on Sep 11 ’24. The 10% Owner now owns 51,500 shares after completing the transaction at $1.71 per share. On Sep 09 ’24, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, sold 36,492 shares for $1.89 each. As a result, the insider received 69,141 and left with 54,600 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, TARA now has a Market Capitalization of 158151184 and an Enterprise Value of -31372188.
Stock Price History:
Over the past 52 weeks, TARA has reached a high of $10.48, while it has fallen to a 52-week low of $1.60. The 50-Day Moving Average of the stock is 5.11%, while the 200-Day Moving Average is calculated to be 58.71%.
Shares Statistics:
For the past three months, TARA has traded an average of 2.37M shares per day and 418860 over the past ten days. A total of 34.32M shares are outstanding, with a floating share count of 32.07M. Insiders hold about 6.55% of the company’s shares, while institutions hold 28.15% stake in the company. Shares short for TARA as of 1730332800 were 2737853 with a Short Ratio of 2.15, compared to 1727654400 on 2145360. Therefore, it implies a Short% of Shares Outstanding of 2737853 and a Short% of Float of 17.65.
