Recent developments with Tenaya Therapeutics Inc (TNYA) have led to the company’s beta value being reach 2.41 cents.

Tenaya Therapeutics Inc (NASDAQ: TNYA) kicked off on Monday, up 24.37% from the previous trading day, before settling in for the closing price of $2.38. Over the past 52 weeks, TNYA has traded in a range of $1.61-$7.01.

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While this was happening, its average annual earnings per share was recorded 19.57%. With a float of $65.58 million, this company’s outstanding shares have now reached $68.33 million.

Let’s look at the performance matrix of the company that is accounted for 140 employees. In terms of profitability, gross margin is 58.87%, operating margin of -694.87%, and the pretax margin is -663.65%.

Tenaya Therapeutics Inc (TNYA) 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 Tenaya Therapeutics Inc is 17.22%, while institutional ownership is 57.28%. The most recent insider transaction that took place on Nov 18 ’24, was worth 4,787. In this transaction SVP, Accounting and Fin. Ops. of this company sold 2,258 shares at a rate of $2.12, taking the stock ownership to the 60,983 shares. Before that another transaction happened on Aug 16 ’24, when Company’s SVP, Accounting and Fin. Ops. sold 2,363 for $2.89, making the entire transaction worth $6,840. This insider now owns 63,241 shares in total.

Tenaya Therapeutics Inc (TNYA) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.4 earnings per share (EPS), higher than consensus estimate (set at -0.44) by 0.04. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.33 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 19.57% per share during the next fiscal year.

Tenaya Therapeutics Inc (NASDAQ: TNYA) Trading Performance Indicators

Take a look at Tenaya Therapeutics Inc’s (TNYA) current performance indicators. Last quarter, stock had a quick ratio of 5.27.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.48, a number that is poised to hit -0.31 in the next quarter and is forecasted to reach -1.25 in one year’s time.

Technical Analysis of Tenaya Therapeutics Inc (TNYA)

Tenaya Therapeutics Inc (NASDAQ: TNYA) saw its 5-day average volume 5.11 million, a positive change from its year-to-date volume of 0.94 million. As of the previous 9 days, the stock’s Stochastic %D was 60.91%. Additionally, its Average True Range was 0.32.

During the past 100 days, Tenaya Therapeutics Inc’s (TNYA) raw stochastic average was set at 55.10%, which indicates a significant decrease from 86.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 145.98% in the past 14 days, which was higher than the 106.24% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $2.04, while its 200-day Moving Average is $3.52. Nevertheless, the first resistance level for the watch stands at $3.20 in the near term. At $3.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $3.83. If the price goes on to break the first support level at $2.57, it is likely to go to the next support level at $2.19. The third support level lies at $1.94 if the price breaches the second support level.

Tenaya Therapeutics Inc (NASDAQ: TNYA) Key Stats

The company with the Market Capitalisation of 258.37 million has total of 79,221K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -124,080 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -25,630 K.