Syros Pharmaceuticals Inc (SYRS) is -84.73% away from 50-day simple Moving Average despite all headwinds

Syros Pharmaceuticals Inc (NASDAQ: SYRS) kicked off on Monday, down -5.34% from the previous trading day, before settling in for the closing price of $0.27. Over the past 52 weeks, SYRS has traded in a range of $0.18-$8.17.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales topped by 128.79%. While this was happening, its average annual earnings per share was recorded 73.32%. With a float of $17.39 million, this company’s outstanding shares have now reached $26.83 million.

The extent of productivity of a business whose workforce counts for 68 workers is very important to gauge. In terms of profitability, gross margin is -228.76%, operating margin of -28892.23%, and the pretax margin is -25340.67%.

Syros Pharmaceuticals Inc (SYRS) 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 Syros Pharmaceuticals Inc is 35.20%, while institutional ownership is 36.36%. The most recent insider transaction that took place on Dec 02 ’24, was worth 10,016. Before that another transaction happened on Nov 25 ’24, when Company’s Director sold 134,713 for $0.27, making the entire transaction worth $35,739. This insider now owns 41,070 shares in total.

Syros Pharmaceuticals Inc (SYRS) Latest Financial update

In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -2.22 earnings per share (EPS), lower than consensus estimate (set at -1.12) by -1.1. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.7 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 73.32% per share during the next fiscal year.

Syros Pharmaceuticals Inc (NASDAQ: SYRS) Trading Performance Indicators

Take a look at Syros Pharmaceuticals Inc’s (SYRS) current performance indicators. Last quarter, stock had a quick ratio of 2.25. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 17.96.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.03, a number that is poised to hit -0.69 in the next quarter and is forecasted to reach -2.05 in one year’s time.

Technical Analysis of Syros Pharmaceuticals Inc (SYRS)

The latest stats from [Syros Pharmaceuticals Inc, SYRS] show that its last 5-days average volume of 3.61 million was superior to 2.38 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 42.16%. Additionally, its Average True Range was 0.22.

During the past 100 days, Syros Pharmaceuticals Inc’s (SYRS) raw stochastic average was set at 1.10%, which indicates a significant decrease from 2.31% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 840.16% in the past 14 days, which was higher than the 375.53% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $1.6830, while its 200-day Moving Average is $4.1424. Now, the first resistance to watch is $0.2731. This is followed by the second major resistance level at $0.2892. The third major resistance level sits at $0.2994. If the price goes on to break the first support level at $0.2468, it is likely to go to the next support level at $0.2366. The third support level lies at $0.2205 if the price breaches the second support level.

Syros Pharmaceuticals Inc (NASDAQ: SYRS) Key Stats

The company with the Market Capitalisation of 7.00 million has total of 26,832K Shares Outstanding. Its annual sales at the moment are 9,940 K in contrast with the sum of -164,570 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -6,400 K.