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The price of Travere Therapeutics Inc (NASDAQ: TVTX) closed at $15.21 in the last session, down -0.33% from day before closing price of $15.26. In other words, the price has decreased by -$0.33 from its previous closing price. On the day, 3.59 million shares were traded. TVTX stock price reached its highest trading level at $15.61 during the session, while it also had its lowest trading level at $13.9.
Ratios:
We take a closer look at TVTX’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.99 and its Current Ratio is at 3.04. In the meantime, Its Debt-to-Equity ratio is 26.62 whereas as Long-Term Debt/Eq ratio is at 26.27.
Citigroup Upgraded its Neutral to Buy on December 05, 2023, whereas the target price for the stock was revised from $7 to $10.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Oct 04 ’24 when LYONS GARY A sold 40,000 shares for $14.73 per share. The transaction valued at 589,101 led to the insider holds 51,000 shares of the business.
GARY A LYONS bought 40,000 shares of TVTX for $546,000 on Oct 04 ’24. On Sep 30 ’24, another insider, Meckler Jeffrey A, who serves as the Director of the company, sold 40,000 shares for $14.06 each. As a result, the insider received 562,324 and left with 81,000 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, TVTX now has a Market Capitalization of 1163435776 and an Enterprise Value of 1241265536. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.55 while its Price-to-Book (P/B) ratio in mrq is 76.78. Its current Enterprise Value per Revenue stands at 6.987 whereas that against EBITDA is -4.513.
Stock Price History:
Over the past 52 weeks, TVTX has reached a high of $15.58, while it has fallen to a 52-week low of $5.12. The 50-Day Moving Average of the stock is 34.46%, while the 200-Day Moving Average is calculated to be 74.03%.
Shares Statistics:
According to the various share statistics, TVTX traded on average about 1.58M shares per day over the past 3-months and 2465290 shares per day over the past 10 days. A total of 75.37M shares are outstanding, with a floating share count of 75.34M. Insiders hold about 1.51% of the company’s shares, while institutions hold 117.58% stake in the company. Shares short for TVTX as of 1726185600 were 8657111 with a Short Ratio of 5.47, compared to 1723680000 on 9295562. Therefore, it implies a Short% of Shares Outstanding of 8657111 and a Short% of Float of 12.73.
