The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
Astria Therapeutics Inc (NASDAQ: ATXS) closed the day trading at $9.75 down -3.85% from the previous closing price of $10.14. In other words, the price has decreased by -$3.85 from its previous closing price. On the day, 1.29 million shares were traded. ATXS stock price reached its highest trading level at $10.435 during the session, while it also had its lowest trading level at $9.7.
Ratios:
For a better understanding of ATXS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 22.38 and its Current Ratio is at 22.38. In the meantime, Its Debt-to-Equity ratio is 0.02 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, TD Cowen on July 29, 2024, initiated with a Buy rating and assigned the stock a target price of $35.
On March 28, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $18.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Apr 01 ’24 when Morabito Christopher sold 10,000 shares for $13.59 per share. The transaction valued at 135,939 led to the insider holds 0 shares of the business.
PERCEPTIVE ADVISORS LLC bought 2,481,350 shares of ATXS for $29,999,522 on Feb 01 ’24. The Director now owns 4,873,721 shares after completing the transaction at $12.09 per share. On Jan 29 ’24, another insider, Morabito Christopher, who serves as the Chief Medical Officer of the company, sold 9,200 shares for $11.15 each. As a result, the insider received 102,552 and left with 0 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, ATXS now has a Market Capitalization of 550233472 and an Enterprise Value of 320428480.
Stock Price History:
Over the past 52 weeks, ATXS has reached a high of $16.90, while it has fallen to a 52-week low of $4.75. The 50-Day Moving Average of the stock is -11.31%, while the 200-Day Moving Average is calculated to be -12.23%.
Shares Statistics:
Over the past 3-months, ATXS traded about 310.96K shares per day on average, while over the past 10 days, ATXS traded about 262800 shares per day. A total of 56.43M shares are outstanding, with a floating share count of 48.25M. Insiders hold about 14.49% of the company’s shares, while institutions hold 87.20% stake in the company. Shares short for ATXS as of 1731628800 were 2900709 with a Short Ratio of 9.33, compared to 1728950400 on 3494164. Therefore, it implies a Short% of Shares Outstanding of 2900709 and a Short% of Float of 5.3400002.
