Talphera Inc (NASDAQ:TLPH) does about 286.32K shares in volume on a normal day but saw 1096746 shares change hands in the recent trading day. The company now has a market cap of 8.97M USD. Its current market price is $0.44, marking a decrease of -7.70% compared to the previous close of $0.47. The 52 week high reached by this stock is $1.19 whilst the lowest price level in 52 weeks is $0.38.
Talphera Inc (TLPH) has a 20-day trading average at $0.4666 and the current price is -63.24% off the 52-week high compared with 15.11% distance from its 52-week low. The 50-day simple moving average of the closing price is $0.4919 and its 200-day simple moving average is $0.6273. If we look at the stock’s price movements over the week, volatility stands at 27.03%, which decreases to 12.45% 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 39.85 to suggest the stock is neutral.
The consensus objective for the share price is $3.25, suggesting that the stock has a potential upside of 86.46% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on January 28, 2025 when Rodman & Renshaw initiated the stock to “Buy” and issued a price target of $4. Credit Suisse downgraded its price target at $7-$2.
The current price level is -6.28%, -11.09%, and -30.27% away from its SMA20, SMA50, and SMA200 respectively, with the TLPH price moving above the 50-day SMA on current market day. Talphera Inc (TLPH) stock is down -10.24% over the week and -13.98% over the past month. Its price is -51.46% year-to-date and -16.54% over the past year.
To reach the target analysts have set, the stock logically needs to grow 86.46 percent from here.
Outstanding shares total 20.50M with insiders holding 2.64% of the shares and institutional holders owning 31.31% of the company’s common stock. The company has a return on investment of -96.02% and return on equity of -106.83%. The beta has a value of -0.09. Price to book ratio is 1.34 and price to sales ratio is 299.05.
