Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The closing price of Myriad Genetics, Inc (NASDAQ: MYGN) was $14.98 for the day, up 0.54% from the previous closing price of $14.90. In other words, the price has increased by $0.54 from its previous closing price. On the day, 1.22 million shares were traded.
Ratios:
Our analysis of MYGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.73 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.20 whereas as Long-Term Debt/Eq ratio is at 0.18.
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, Craig Hallum on February 12, 2025, initiated with a Buy rating and assigned the stock a target price of $29.
On December 10, 2024, UBS started tracking the stock assigning a Neutral rating and target price of $18.
Leerink Partners Downgraded its Outperform to Market Perform on December 09, 2024, whereas the target price for the stock was revised from $30 to $21.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 11 ’24 when DIAZ PAUL J sold 15,000 shares for $22.93 per share. The transaction valued at 343,950 led to the insider holds 962,378 shares of the business.
DIAZ PAUL J bought 15,000 shares of MYGN for $343,950 on Oct 11 ’24. On Aug 21 ’24, another insider, Ancona Margaret, who serves as the Officer of the company, bought 11,538 shares for $27.82 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 1.86.
Stock Price History:
Over the past 52 weeks, MYGN has reached a high of $29.30, while it has fallen to a 52-week low of $12.04. The 50-Day Moving Average of the stock is 10.46%, while the 200-Day Moving Average is calculated to be -29.81%.
Shares Statistics:
A total of 91.00M shares are outstanding, with a floating share count of 87.62M. Insiders hold about 3.76% of the company’s shares, while institutions hold 102.11% stake in the company.
