Predicting Future Price Moves In Atyr Pharma Inc (ATYR)

Atyr Pharma Inc (NASDAQ:ATYR) does about 850.71K shares in volume on a normal day but saw 694603 shares change hands in the recent trading day. The company now has a market cap of 276.17M USD. Its current market price is $3.29, marking an increase of 5.45% compared to the previous close of $3.12. The 52 week high reached by this stock is $3.80 whilst the lowest price level in 52 weeks is $1.14.

Atyr Pharma Inc (ATYR) has a 20-day trading average at $3.15 and the current price is -13.42% off the 52-week high compared with 188.60% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.65 and its 200-day simple moving average is $2.01. If we look at the stock’s price movements over the week, volatility stands at 7.42%, which increases to 8.11% 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 60.23 to suggest the stock is neutral.

The consensus objective for the share price is $20.00, suggesting that the stock has a potential upside of 83.55% 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 4.59%, 23.97%, and 63.51% 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 8.22% over the week and -0.75% over the past month. Its price is 133.33% year-to-date and 159.06% over the past year.

The stock last released its quarterly earnings report for quarter ended 9/30/2024, with the company’s earnings per share (EPS) of -0.25 below consensus estimates by -0.01. The company’s next earnings report forecasts estimating quarterly EPS at -0.23 and -0.92 for whole year.

To reach the target analysts have set, the stock logically needs to grow 83.55 percent from here.

Outstanding shares total 83.94M with insiders holding 2.16% of the shares and institutional holders owning 63.15% of the company’s common stock. The company has a return on investment of -82.15% and return on equity of -77.96%. The beta has a value of 1.05. Price to book ratio is 3.82 and price to sales ratio is 1200.74.