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The closing price of Tenaya Therapeutics Inc (NASDAQ: TNYA) was $3.58 for the day, up 7.83% from the previous closing price of $3.32. In other words, the price has increased by $7.83 from its previous closing price. On the day, 4.04 million shares were traded. TNYA stock price reached its highest trading level at $3.59 during the session, while it also had its lowest trading level at $3.27.
Ratios:
Our analysis of TNYA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.27 and its Current Ratio is at 5.27. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.10.
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:
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 Nov 18 ’24 when Saito Chihiro sold 2,258 shares for $2.12 per share. The transaction valued at 4,787 led to the insider holds 60,983 shares of the business.
Saito Chihiro sold 2,363 shares of TNYA for $6,840 on Aug 16 ’24. The SVP, Accounting and Fin. Ops. now owns 63,241 shares after completing the transaction at $2.89 per share. On Aug 16 ’24, another insider, Tingley Whittemore, who serves as the Chief Medical Officer of the company, sold 7,428 shares for $2.89 each. As a result, the insider received 21,500 and left with 107,106 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 283609376 and an Enterprise Value of 218678448.
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 $1.61. The 50-Day Moving Average of the stock is 58.37%, while the 200-Day Moving Average is calculated to be 4.07%.
Shares Statistics:
TNYA traded an average of 2.77M shares per day over the past three months and 5351140 shares per day over the past ten days. A total of 79.22M shares are outstanding, with a floating share count of 65.58M. Insiders hold about 17.22% of the company’s shares, while institutions hold 57.30% stake in the company. Shares short for TNYA as of 1731628800 were 13122628 with a Short Ratio of 4.74, compared to 1728950400 on 4876224. Therefore, it implies a Short% of Shares Outstanding of 13122628 and a Short% of Float of 23.719999.
