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In the latest session, Tenaya Therapeutics Inc (NASDAQ: TNYA) closed at $1.77 down -6.84% from its previous closing price of $1.90. In other words, the price has decreased by -$6.84 from its previous closing price. On the day, 0.72 million shares were traded. TNYA stock price reached its highest trading level at $1.92 during the session, while it also had its lowest trading level at $1.675.
Ratios:
For a deeper understanding of Tenaya Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.28 and its Current Ratio is at 6.28. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.09.
On November 30, 2023, Leerink Partners started tracking the stock assigning a Outperform rating and target price of $7.
On June 15, 2022, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $25.H.C. Wainwright initiated its Buy rating on June 15, 2022, with a $25 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 Aug 16 ’24 when Saito Chihiro sold 2,363 shares for $2.89 per share. The transaction valued at 6,840 led to the insider holds 63,241 shares of the business.
Tingley Whittemore sold 7,428 shares of TNYA for $21,500 on Aug 16 ’24. The Chief Medical Officer now owns 107,106 shares after completing the transaction at $2.89 per share. On Aug 16 ’24, another insider, Ali Faraz, who serves as the Chief Executive Officer of the company, sold 9,748 shares for $2.89 each. As a result, the insider received 28,216 and left with 188,331 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, TNYA now has a Market Capitalization of 139633712 and an Enterprise Value of 55903720.
Stock Price History:
Over the past 52 weeks, TNYA has reached a high of $7.01, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -31.40%, while the 200-Day Moving Average is calculated to be -53.68%.
Shares Statistics:
For the past three months, TNYA has traded an average of 386.48K shares per day and 501410 over the past ten days. A total of 68.33M shares are outstanding, with a floating share count of 65.30M. Insiders hold about 17.22% of the company’s shares, while institutions hold 56.59% stake in the company. Shares short for TNYA as of 1726185600 were 5222661 with a Short Ratio of 13.51, compared to 1723680000 on 4628923. Therefore, it implies a Short% of Shares Outstanding of 5222661 and a Short% of Float of 9.5.
