Witnessing the stock’s movement on the chart, on Wednesday, Spyre Therapeutics Inc (NASDAQ: SYRE) set off with pace as it heaved 6.86% to $19.47, before settling in for the price of $18.22 at the close. Taking a more long-term approach, SYRE posted a 52-week range of $17.24-$47.97.
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It was noted that the giant of the Healthcare sector posted annual sales growth of -49.91% over the last 5 years. Meanwhile, its Annual Earning per share during the time was 44.65%. Nevertheless, stock’s Earnings Per Share (EPS) this year is -12.04%. This publicly-traded company’s shares outstanding now amounts to $60.26 million, simultaneously with a float of $51.14 million. The organization now has a market capitalization sitting at $1.17 billion. At the time of writing, stock’s 50-day Moving Average stood at $22.13, while the 200-day Moving Average is $27.65.
Spyre Therapeutics Inc (SYRE) Ownership Facts and Figures
Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Spyre Therapeutics Inc’s current insider ownership accounts for 15.13%, in contrast to 93.76% institutional ownership. According to the most recent insider trade that took place on Nov 06 ’24, this organization’s Director sold 6,700 shares at the rate of 36.76, making the entire transaction reach 246,313 in total value, affecting insider ownership by 27,360. Preceding that transaction, on Oct 25 ’24, Company’s Director sold 300 for 36.43, making the whole transaction’s value amount to 10,929. This particular insider is now the holder of 34,060 in total.
Spyre Therapeutics Inc (SYRE) Earnings and Revenue Records
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.84 per share during the current fiscal year.
Spyre Therapeutics Inc’s EPS decrease for this current 12-month fiscal period is -12.04% and is forecasted to reach -3.66 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will decrease by -5.20% through the next 5 years, which can be compared against the 44.65% growth it accomplished over the previous five years trading on the market.
Spyre Therapeutics Inc (NASDAQ: SYRE) Trading Performance Indicators
Let’s observe the current performance indicators for Spyre Therapeutics Inc (SYRE). It’s Quick Ratio in the last reported quarter now stands at 11.26. The Stock has managed to achieve an average true range (ATR) of 1.61.
In the same vein, SYRE’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.16, a figure that is expected to reach -0.84 in the next quarter, and analysts are predicting that it will be -3.66 at the market close of one year from today.
Technical Analysis of Spyre Therapeutics Inc (SYRE)
Going through the that latest performance of [Spyre Therapeutics Inc, SYRE]. Its last 5-days volume of 0.7 million indicated improvement to the volume of 0.6 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 21.17% While, its Average True Range was 1.65.
Raw Stochastic average of Spyre Therapeutics Inc (SYRE) in the period of the previous 100 days is set at 9.69%, which indicates a major fall in contrast to 34.25% 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 72.98% that was higher than 62.40% volatility it exhibited in the past 100-days period.
