Lyra Therapeutics Inc (NASDAQ: LYRA) on Friday, plunged -5.56% from the previous trading day, before settling in for the closing price of $0.18. Within the past 52 weeks, LYRA’s price has moved between $0.18 and $6.79.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 58.51%. The company achieved an average annual earnings per share of -6.83%. With a float of $56.00 million, this company’s outstanding shares have now reached $57.21 million.
Considering the fact that the conglomerate employs 88 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is -816.72%, operating margin of -6894.43%, and the pretax margin is -6632.36%.
Lyra Therapeutics Inc (LYRA) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Lyra Therapeutics Inc is 14.45%, while institutional ownership is 45.55%.
Lyra Therapeutics Inc (LYRA) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.2 earnings per share (EPS) for the period topping the consensus outlook (set at -0.33) by 0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -6.83% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -1.60% during the next five years compared to -21.63% drop over the previous five years of trading.
Lyra Therapeutics Inc (NASDAQ: LYRA) Trading Performance Indicators
Lyra Therapeutics Inc (LYRA) is currently performing well based on its current performance indicators. A quick ratio of 3.64 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.15.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.53, a number that is poised to hit -0.13 in the next quarter and is forecasted to reach -0.64 in one year’s time.
Technical Analysis of Lyra Therapeutics Inc (LYRA)
Compared to the last year’s volume of 1.66 million, its volume of 3.51 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 25.04%. Additionally, its Average True Range was 0.02.
During the past 100 days, Lyra Therapeutics Inc’s (LYRA) raw stochastic average was set at 2.79%, which indicates a significant decrease from 3.79% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 147.86% in the past 14 days, which was higher than the 88.54% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $0.2522, while its 200-day Moving Average is $1.9175. Nevertheless, the first resistance level for the watch stands at $0.1909 in the near term. At $0.2119, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.2248. If the price goes on to break the first support level at $0.1570, it is likely to go to the next support level at $0.1441. Should the price break the second support level, the third support level stands at $0.1231.
Lyra Therapeutics Inc (NASDAQ: LYRA) Key Stats
Market capitalization of the company is 10.51 million based on 65,458K outstanding shares. Right now, sales total 1,560 K and income totals -62,680 K. The company made 600 K in profit during its latest quarter, and -48,130 K in sales during its previous quarter.
