Tourmaline Bio Inc (NASDAQ: TRML) started the day on Wednesday, with a price increase of 7.72% at $25.66, before settling in for the price of $23.82 at the close. Taking a more long-term approach, TRML posted a 52-week range of $12.12-$48.31.
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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was 0.00%. Meanwhile, its Annual Earning per share during the time was -19.23%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 65.69%. This publicly-traded company’s shares outstanding now amounts to $20.34 million, simultaneously with a float of $15.04 million. The organization now has a market capitalization sitting at $657.99 million. At the time of writing, stock’s 50-day Moving Average stood at $26.06, while the 200-day Moving Average is $21.72.
Tourmaline Bio Inc (TRML) Ownership Facts and Figures
Now let’s turn our focus to how large-scale investors are working with this stock of the Biotechnology Industry. Tourmaline Bio Inc’s current insider ownership accounts for 41.35%, in contrast to 65.23% institutional ownership. According to the most recent insider trade that took place on Aug 21 ’24, this organization’s CEO bought 1,779 shares at the rate of 14.85, making the entire transaction reach 26,418 in total value, affecting insider ownership by 7,000. Preceding that transaction, on Aug 16 ’24, Company’s CEO bought 5,221 for 13.79, making the whole transaction’s value amount to 71,998. This particular insider is now the holder of 5,221 in total.
Tourmaline Bio Inc (TRML) Earnings and Revenue Records
Tourmaline Bio Inc’s EPS increase for this current 12-month fiscal period is 65.69% and is forecasted to reach -3.60 in the upcoming year.
Tourmaline Bio Inc (NASDAQ: TRML) Trading Performance Indicators
Let’s observe the current performance indicators for Tourmaline Bio Inc (TRML). It’s Quick Ratio in the last reported quarter now stands at 40.33. The Stock has managed to achieve an average true range (ATR) of 1.72.
In the same vein, TRML’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -2.82, a figure that is expected to reach -0.88 in the next quarter, and analysts are predicting that it will be -3.60 at the market close of one year from today.
Technical Analysis of Tourmaline Bio Inc (TRML)
If we take a close look at the recent performances of Tourmaline Bio Inc (NASDAQ: TRML), its last 5-days Average volume was 0.26 million that shows plunge from its year to date volume of 0.3 million. During the previous 9 days, stock’s Stochastic %D was recorded 44.70% While, its Average True Range was 1.75.
Raw Stochastic average of Tourmaline Bio Inc (TRML) in the period of the previous 100 days is set at 75.37%, which indicates a major rise in contrast to 46.40% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 66.58% that was lower than 67.75% volatility it exhibited in the past 100-days period.
