A new trading day began on Friday, with Syros Pharmaceuticals Inc (NASDAQ: SYRS) stock price down -10.12% from the previous day of trading, before settling in for the closing price of $2.52. SYRS’s price has ranged from $1.43 to $8.17 over the past 52 weeks.
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Healthcare Sector giant saw their annual sales surged by 128.79% over the last five years. Meanwhile, its annual earnings per share averaged 72.91%. With a float of $19.77 million, this company’s outstanding shares have now reached $26.45 million.
The firm has a total of 68 workers. Let’s measure their productivity. In terms of profitability, gross margin is -228.76%, operating margin of -28892.23%, and the pretax margin is -25340.67%.
Syros Pharmaceuticals Inc (SYRS) Insider Activity
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Syros Pharmaceuticals Inc is 26.31%, while institutional ownership is 56.02%. The most recent insider transaction that took place on Sep 11 ’24, was worth 85,420. In this transaction President & CEO of this company bought 50,000 shares at a rate of $1.71, taking the stock ownership to the 122,504 shares. Before that another transaction happened on Sep 12 ’24, when Company’s Chief Financial Officer bought 45,344 for $1.68, making the entire transaction worth $76,006. This insider now owns 124,552 shares in total.
Syros Pharmaceuticals Inc (SYRS) Earnings and Forecasts
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -2.18 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.75 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 72.91% per share during the next fiscal year.
Syros Pharmaceuticals Inc (NASDAQ: SYRS) Trading Performance Indicators
Here are Syros Pharmaceuticals Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 140.08.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.03, a number that is poised to hit -0.72 in the next quarter and is forecasted to reach -2.66 in one year’s time.
Technical Analysis of Syros Pharmaceuticals Inc (SYRS)
Analysing the last 5-days average volume posted by the [Syros Pharmaceuticals Inc, SYRS], we can find that recorded value of 0.59 million was better than the volume posted last year of 0.24 million. As of the previous 9 days, the stock’s Stochastic %D was 59.37%. Additionally, its Average True Range was 0.25.
During the past 100 days, Syros Pharmaceuticals Inc’s (SYRS) raw stochastic average was set at 15.19%, which indicates a significant decrease from 46.84% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 128.78% in the past 14 days, which was lower than the 175.58% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.92, while its 200-day Moving Average is $4.73. Now, the first resistance to watch is $2.37. This is followed by the second major resistance level at $2.48. The third major resistance level sits at $2.64. If the price goes on to break the first support level at $2.11, it is likely to go to the next support level at $1.95. Should the price break the second support level, the third support level stands at $1.84.
Syros Pharmaceuticals Inc (NASDAQ: SYRS) Key Stats
With a market capitalization of 54.63 million, the company has a total of 26,810K Shares Outstanding. Currently, annual sales are 9,940 K while annual income is -164,570 K. The company’s previous quarter sales were 0 K while its latest quarter income was -3,710 K.
