In the pursuit of market outperformance, investors navigate the landscape of stock selection. The right picks can play a pivotal role in enhancing your wealth.
In the latest session, Relay Therapeutics Inc (NASDAQ: RLAY) closed at $3.29 down -6.27% from its previous closing price of $3.51. In other words, the price has decreased by -$6.27 from its previous closing price. On the day, 3.97 million shares were traded. RLAY stock price reached its highest trading level at $3.45 during the session, while it also had its lowest trading level at $3.195.
Ratios:
For a deeper understanding of Relay Therapeutics Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.95 and its Current Ratio is at 15.95. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 the company, Jefferies on September 10, 2024, Upgraded its rating to Buy and sets its target price to $16 from $10.60 previously.
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 Feb 11 ’25 when Patel Sanjiv sold 140,182 shares for $3.85 per share. The transaction valued at 539,701 led to the insider holds 625,948 shares of the business.
Patel Sanjiv sold 75,324 shares of RLAY for $278,699 on Feb 13 ’25. The President and CEO now owns 883,089 shares after completing the transaction at $3.70 per share. On Jan 29 ’25, another insider, Rahmer Peter, who serves as the insider of the company, sold 26,541 shares for $4.55 each. As a result, the insider received 120,762 and left with 419,681 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, RLAY now has a Market Capitalization of 594174016 and an Enterprise Value of -175094112. For the stock, the TTM Price-to-Sale (P/S) ratio is 55.72 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at -17.497 whereas that against EBITDA is 0.461.
Stock Price History:
The Beta on a monthly basis for RLAY is 1.58, which has changed by -0.58823526 over the last 52 weeks, in comparison to a change of 0.07465422 over the same period for the S&P500. Over the past 52 weeks, RLAY has reached a high of $10.72, while it has fallen to a 52-week low of $3.02. The 50-Day Moving Average of the stock is -19.32%, while the 200-Day Moving Average is calculated to be -44.33%.
Shares Statistics:
For the past three months, RLAY has traded an average of 2.27M shares per day and 2675490 over the past ten days. A total of 167.76M shares are outstanding, with a floating share count of 127.70M. Insiders hold about 24.67% of the company’s shares, while institutions hold 75.24% stake in the company. Shares short for RLAY as of 1740700800 were 16188685 with a Short Ratio of 7.14, compared to 1738281600 on 15660482. Therefore, it implies a Short% of Shares Outstanding of 16188685 and a Short% of Float of 11.55.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
