Atyr Pharma Inc (NASDAQ:ATYR) does about 620.66K shares in volume on a normal day but saw 3390497 shares change hands in the recent trading day. The company now has a market cap of 247.11M USD. Its current market price is $3.26, marking an increase of 9.03% compared to the previous close of $2.99. The 52 week high reached by this stock is $3.03 whilst the lowest price level in 52 weeks is $1.08.
Atyr Pharma Inc (ATYR) has a 20-day trading average at $2.14 and the current price is 7.75% off the 52-week high compared with 201.82% distance from its 52-week low. The 50-day simple moving average of the closing price is $1.97 and its 200-day simple moving average is $1.81. If we look at the stock’s price movements over the week, volatility stands at 15.55%, which decreases to 7.56% 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 86.49 to suggest the stock is overbought.
The consensus objective for the share price is $21.29, suggesting that the stock has a potential upside of 84.69% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on October 04, 2024 when Wells Fargo initiated the stock to “Overweight” and issued a price target of $17.
The current price level is 52.55%, 65.47%, and 80.18% away from its SMA20, SMA50, and SMA200 respectively, with the ATYR price moving below the 50-day SMA on current market day. Atyr Pharma Inc (ATYR) stock is up 45.54% over the week and 79.12% over the past month. Its price is 131.21% year-to-date and 154.69% over the past year.
The stock last released its quarterly earnings report for quarter ended 6/30/2024, with the company’s earnings per share (EPS) of -0.2 above consensus estimates by 0.03. The company’s next earnings report forecasts estimating quarterly EPS at -0.22 and -0.91 for whole year. Expected sales for next quarter are $20k, which analysts say will come at $250k for the current fiscal year and next year at $5.33M. In addition, estimates put the company’s current quarterly revenue at an average of $20k.
To reach the target analysts have set, the stock logically needs to grow 84.69 percent from here.
Outstanding shares total 75.80M with insiders holding 2.39% of the shares and institutional holders owning 70.29% of the company’s common stock. The company has a return on investment of -61.41% and return on equity of -61.64%. The beta has a value of 1.23. Price to book ratio is 3.03 and price to sales ratio is 418.83.
