Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $2.36 in the prior trading day, Kyverna Therapeutics Inc (NASDAQ: KYTX) closed at $2.00, down -15.07%. In other words, the price has decreased by -$15.07 from its previous closing price. On the day, 0.82 million shares were traded. KYTX stock price reached its highest trading level at $2.43 during the session, while it also had its lowest trading level at $1.99.
Ratios:
Our goal is to gain a better understanding of KYTX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 8.61 and its Current Ratio is at 8.61. In the meantime, Its Debt-to-Equity ratio is 0.03 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 this company, UBS on October 10, 2024, initiated with a Buy rating and assigned the stock a target price of $13.
On October 09, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $16.
On July 03, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $8.H.C. Wainwright initiated its Neutral rating on July 03, 2024, with a $8 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KYTX now has a Market Capitalization of 86343200 and an Enterprise Value of -191307168.
Stock Price History:
The Beta on a monthly basis for KYTX is 2.13, which has changed by -0.91119003 over the last 52 weeks, in comparison to a change of 0.06429911 over the same period for the S&P500. Over the past 52 weeks, KYTX has reached a high of $25.84, while it has fallen to a 52-week low of $2.20. The 50-Day Moving Average of the stock is -29.83%, while the 200-Day Moving Average is calculated to be -63.47%.
Shares Statistics:
The stock has traded on average 346.69K shares per day over the past 3-months and 359070 shares per day over the last 10 days, according to various share statistics. A total of 43.21M shares are outstanding, with a floating share count of 19.65M. Insiders hold about 54.52% of the company’s shares, while institutions hold 32.73% stake in the company. Shares short for KYTX as of 1741910400 were 2867821 with a Short Ratio of 8.27, compared to 1739491200 on 3073161. Therefore, it implies a Short% of Shares Outstanding of 2867821 and a Short% of Float of 8.64.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
