Ideaya Biosciences Inc (NASDAQ: IDYA) on Friday, plunged -3.20% from the previous trading day, before settling in for the closing price of $19.07. Within the past 52 weeks, IDYA’s price has moved between $18.20 and $47.44.
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A company in the Healthcare sector has jumped its sales by 0.23% annually for the last half of the decade. The company achieved an average annual earnings per share of 16.05%. With a float of $80.75 million, this company’s outstanding shares have now reached $86.50 million.
In an organization with 131 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 68.87%, operating margin of -4671.07%, and the pretax margin is -3921.1%.
Ideaya Biosciences Inc (IDYA) Insider Updates
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Ideaya Biosciences Inc is 7.75%, while institutional ownership is 100.98%. The most recent insider transaction that took place on Aug 26 ’24, was worth 3,016,500. Before that another transaction happened on May 29 ’24, when Company’s Chief Scientific Officer sold 28,500 for $36.24, making the entire transaction worth $1,032,884. This insider now owns 0 shares in total.
Ideaya Biosciences Inc (IDYA) Performance Highlights and Predictions
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 16.05% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.27% during the next five years compared to -0.01% drop over the previous five years of trading.
Ideaya Biosciences Inc (NASDAQ: IDYA) Trading Performance Indicators
Ideaya Biosciences Inc (IDYA) is currently performing well based on its current performance indicators. A quick ratio of 14.97 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 230.85.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.30, a number that is poised to hit -0.68 in the next quarter and is forecasted to reach -2.82 in one year’s time.
Technical Analysis of Ideaya Biosciences Inc (IDYA)
Let’s dig in a bit further. During the last 5-days, its volume was 0.87 million. That was inferior than the volume of 0.89 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 19.63%. Additionally, its Average True Range was 1.10.
During the past 100 days, Ideaya Biosciences Inc’s (IDYA) raw stochastic average was set at 1.80%, which indicates a significant decrease from 6.16% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 46.41% in the past 14 days, which was higher than the 45.88% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $22.82, while its 200-day Moving Average is $31.42. However, in the short run, Ideaya Biosciences Inc’s stock first resistance to watch stands at $19.29. Second resistance stands at $20.13. The third major resistance level sits at $20.58. If the price goes on to break the first support level at $18.00, it is likely to go to the next support level at $17.55. Assuming the price breaks the second support level, the third support level stands at $16.71.
Ideaya Biosciences Inc (NASDAQ: IDYA) Key Stats
Market capitalization of the company is 1.62 billion based on 87,537K outstanding shares. Right now, sales total 7,000 K and income totals -274,480 K. The company made 7,000 K in profit during its latest quarter, and -130,310 K in sales during its previous quarter.
