Ideaya Biosciences Inc (IDYA) is -15.22% away from 50-day simple Moving Average despite all headwinds

Ideaya Biosciences Inc (NASDAQ: IDYA) kicked off on Friday, down -9.60% from the previous trading day, before settling in for the closing price of $29.47. Over the past 52 weeks, IDYA has traded in a range of $27.52-$47.74.

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Annual sales at Healthcare sector company grew by 14.24% over the past five years. While this was happening, its average annual earnings per share was recorded -27.00%. With a float of $77.21 million, this company’s outstanding shares have now reached $86.43 million.

Let’s look at the performance matrix of the company that is accounted for 124 employees. In terms of profitability, gross margin is 18.35%, operating margin of -5729.08%, and the pretax margin is -4540.4%.

Ideaya Biosciences Inc (IDYA) Insider and Institutional Ownership

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Ideaya Biosciences Inc is 9.37%, while institutional ownership is 99.49%. The most recent insider transaction that took place on Aug 26 ’24, was worth 3,016,500. Before that another transaction happened on May 29 ’24, when Company’s Chief Scientific Officer sold 28,500 for $36.24, making the entire transaction worth $1,032,884. This insider now owns 0 shares in total.

Ideaya Biosciences Inc (IDYA) Latest Financial update

According to the Wall Street analysts, stocks earnings will be around -27.00% per share during the next fiscal year.

Ideaya Biosciences Inc (NASDAQ: IDYA) Trading Performance Indicators

Take a look at Ideaya Biosciences Inc’s (IDYA) current performance indicators. Last quarter, stock had a quick ratio of 22.93. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 530.98.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.33, a number that is poised to hit -0.62 in the next quarter and is forecasted to reach -2.68 in one year’s time.

Technical Analysis of Ideaya Biosciences Inc (IDYA)

Ideaya Biosciences Inc (NASDAQ: IDYA) saw its 5-day average volume 0.71 million, a negative change from its year-to-date volume of 0.85 million. As of the previous 9 days, the stock’s Stochastic %D was 30.77%. Additionally, its Average True Range was 1.54.

During the past 100 days, Ideaya Biosciences Inc’s (IDYA) raw stochastic average was set at 1.30%, which indicates a significant decrease from 3.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 59.51% in the past 14 days, which was higher than the 53.37% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $31.42, while its 200-day Moving Average is $38.46. Nevertheless, the first resistance level for the watch stands at $28.85 in the near term. At $31.06, the stock is likely to face the second major resistance level. The third major resistance level sits at $32.29. If the price goes on to break the first support level at $25.42, it is likely to go to the next support level at $24.19. The third support level lies at $21.98 if the price breaches the second support level.

Ideaya Biosciences Inc (NASDAQ: IDYA) Key Stats

The company with the Market Capitalisation of 2.08 billion has total of 86,432K Shares Outstanding. Its annual sales at the moment are 23,390 K in contrast with the sum of -112,960 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -51,820 K.