Travere Therapeutics Inc (NASDAQ:TVTX) currently has a daily average trading volume of 1.41M but it saw 1538308 shares traded in last market. With a market cap of 2.03B USD, the company’s current market price of $23.33 came rising about 2.96 while comparing to the previous closing price of $22.66. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.29 and as low as $5.12.
Taking a look at 20-day trading activity of Travere Therapeutics Inc (TVTX) gives us an average price of $21.53, while its current price level is -7.75% below from 52-week high level whereas it is 355.66% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $19.47 while that of 200 days or SMA-200 reads an average of $13.66. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.34% during that period while stretching the period over a month that increases to 5.98%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 63.29 which implies that the stock is in neutral territory.
Wells Fargo upgraded its recommendation for the stock as a “Overweight” from “Equal Weight” on October 21, 2024 while assigning a price target range of $9-$27.
Over the week, TVTX’s stock price is moving -1.77% down while it is 27.00% when we observe its performance for the past one month. Year-to-date it is 33.93% up and over the past year, the stock is showing an upside performance of 166.93%.
Currently, Travere Therapeutics Inc’s total number of outstanding shares is 87.03M with 0.65% of that held by the insiders while 112.14% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -117.93% and return on equity (ROE) at -279.94%. Stock’s beta reads 0.76. Stock has a price to sale or P/S ratio amounts to 9.98. Its return on asset (ROA) is -52.19% on average.
