A new trading day began on Monday, with Taysha Gene Therapies Inc (NASDAQ: TSHA) stock price down -4.94% from the previous day of trading, before settling in for the closing price of $3.24. TSHA’s price has ranged from $1.19 to $4.32 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 129.39%. Meanwhile, its annual earnings per share averaged 61.46%. With a float of $153.61 million, this company’s outstanding shares have now reached $204.94 million.
The extent of productivity of a business whose workforce counts for 52 workers is very important to gauge. In terms of profitability, gross margin is 90.01%, operating margin of -880.73%, and the pretax margin is -229.67%.
Taysha Gene Therapies Inc (TSHA) Insider Updates
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Taysha Gene Therapies Inc is 25.05%, while institutional ownership is 69.84%. The most recent insider transaction that took place on Jun 27 ’24, was worth 2,999,999. In this transaction 10% Owner of this company bought 1,333,333 shares at a rate of $2.25, taking the stock ownership to the 1,333,333 shares.
Taysha Gene Therapies Inc (TSHA) Performance Highlights and Predictions
In its latest quarterly report, released on 9/30/2024, the company reported earnings of -0.28 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 -0.1 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 61.46% per share during the next fiscal year.
Taysha Gene Therapies Inc (NASDAQ: TSHA) Trading Performance Indicators
Here are Taysha Gene Therapies Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 5.51. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 63.70.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.03, a number that is poised to hit -0.08 in the next quarter and is forecasted to reach -0.37 in one year’s time.
Technical Analysis of Taysha Gene Therapies Inc (TSHA)
The latest stats from [Taysha Gene Therapies Inc, TSHA] show that its last 5-days average volume of 6.46 million was superior to 2.8 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 87.88%. Additionally, its Average True Range was 0.27.
During the past 100 days, Taysha Gene Therapies Inc’s (TSHA) raw stochastic average was set at 89.15%, which indicates a significant increase from 83.21% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 191.49% in the past 14 days, which was higher than the 98.30% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.06, while its 200-day Moving Average is $2.45. Now, the first resistance to watch is $3.24. This is followed by the second major resistance level at $3.40. The third major resistance level sits at $3.49. If the price goes on to break the first support level at $2.99, it is likely to go to the next support level at $2.90. Assuming the price breaks the second support level, the third support level stands at $2.74.
Taysha Gene Therapies Inc (NASDAQ: TSHA) Key Stats
With a market capitalization of 631.23 million, the company has a total of 204,943K Shares Outstanding. Currently, annual sales are 15,450 K while annual income is -111,570 K. The company’s previous quarter sales were 1,790 K while its latest quarter income was -25,520 K.
