Astria Therapeutics Inc (NASDAQ:ATXS) does about 1.05M shares in volume on a normal day but saw 1527872 shares change hands in Monday trading. The company now has a market cap of 538.02M USD. Its current market price is $9.80, marking an increase of 0.51% compared to the previous close of $9.75. The 52 week high reached by this stock is $16.90 whilst the lowest price level in 52 weeks is $4.26.
Astria Therapeutics Inc (ATXS) has a 20-day trading average at $11.80 and the current price is -42.01% off the 52-week high compared with 130.05% distance from its 52-week low. The 50-day simple moving average of the closing price is $13.44 and its 200-day simple moving average is $9.00. If we look at the stock’s price movements over the week, volatility stands at 6.95%, which increases to 7.48% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 28.23 to suggest the stock is oversold.
The consensus objective for the share price is $25.57, suggesting that the stock has a potential upside of 61.67% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on March 28, 2023 when Evercore ISI initiated the stock to “Outperform” and issued a price target of $18.
Astria Therapeutics Inc (ATXS) stock is down -10.01% over the week and -38.71% over the past month. Its price is 27.60% year-to-date and -10.34% over the past year.
The stock last released its quarterly earnings report for quarter ended 12/31/2023, with the company’s earnings per share (EPS) of -$0.94 below consensus estimates by -$0.16. ATXS’s earnings per share are forecast to grow by 36.00% this year and -12.30% over next year.
To reach the target analysts have set, the stock logically needs to grow 61.67 percent from here.
The company has a return on investment of -29.98% and return on equity of -31.40%. The beta has a value of 0.82. Price to book ratio is 2.72.
