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The closing price of Tenaya Therapeutics Inc (NASDAQ: TNYA) was $2.98 for the day, up 2.05% from the previous closing price of $2.92. In other words, the price has increased by $2.05 from its previous closing price. On the day, 1.11 million shares were traded. TNYA stock price reached its highest trading level at $3.2237 during the session, while it also had its lowest trading level at $2.88.
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 6.72 and its Current Ratio is at 6.72. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
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 Mar 05 ’24 when Hoey Timothy sold 3,300 shares for $7.00 per share. The transaction valued at 23,101 led to the insider holds 245,346 shares of the business.
Hoey Timothy sold 6,569 shares of TNYA for $35,046 on Feb 20 ’24. The Chief Scientific Officer now owns 236,146 shares after completing the transaction at $5.34 per share. On Feb 16 ’24, another insider, Tingley Whittemore, who serves as the Chief Medical Officer of the company, sold 6,500 shares for $5.86 each. As a result, the insider received 38,090 and left with 73,534 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 233982160 and an Enterprise Value of 123099248.
Stock Price History:
The Beta on a monthly basis for TNYA is 2.42, which has changed by -0.4552102 over the last 52 weeks, in comparison to a change of 0.2553556 over the same period for the S&P500. Over the past 52 weeks, TNYA has reached a high of $7.01, while it has fallen to a 52-week low of $1.66. The 50-Day Moving Average of the stock is -23.66%, while the 200-Day Moving Average is calculated to be -17.75%.
Shares Statistics:
TNYA traded an average of 347.71K shares per day over the past three months and 731890 shares per day over the past ten days. A total of 68.33M shares are outstanding, with a floating share count of 65.25M. Insiders hold about 16.90% of the company’s shares, while institutions hold 55.82% stake in the company. Shares short for TNYA as of 1718323200 were 3384721 with a Short Ratio of 9.73, compared to 1715731200 on 3349411. Therefore, it implies a Short% of Shares Outstanding of 3384721 and a Short% of Float of 6.2.
