Spyre Therapeutics Inc (SYRE) volume exceeds 0.59 million: A new investment opportunity for investors

Spyre Therapeutics Inc (NASDAQ: SYRE) kicked off on Tuesday, down -4.52% from the previous trading day, before settling in for the closing price of $19.02. Over the past 52 weeks, SYRE has traded in a range of $17.24-$43.00.

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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -49.91%. While this was happening, its average annual earnings per share was recorded -12.04%. With a float of $51.14 million, this company’s outstanding shares have now reached $60.26 million.

The extent of productivity of a business whose workforce counts for 65 workers is very important to gauge. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.

Spyre Therapeutics Inc (SYRE) Insider Updates

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Spyre Therapeutics Inc is 15.13%, while institutional ownership is 93.76%. The most recent insider transaction that took place on Nov 06 ’24, was worth 246,313. In this transaction Director of this company sold 6,700 shares at a rate of $36.76, taking the stock ownership to the 27,360 shares. Before that another transaction happened on Oct 25 ’24, when Company’s Director sold 300 for $36.43, making the entire transaction worth $10,929. This insider now owns 34,060 shares in total.

Spyre Therapeutics Inc (SYRE) Performance Highlights and Predictions

According to the Wall Street analysts, stocks earnings will be around -12.04% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -5.20% during the next five years compared to 44.65% growth over the previous five years of trading.

Spyre Therapeutics Inc (NASDAQ: SYRE) Trading Performance Indicators

Take a look at Spyre Therapeutics Inc’s (SYRE) current performance indicators. Last quarter, stock had a quick ratio of 11.26.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.16, a number that is poised to hit -0.84 in the next quarter and is forecasted to reach -3.66 in one year’s time.

Technical Analysis of Spyre Therapeutics Inc (SYRE)

The latest stats from [Spyre Therapeutics Inc, SYRE] show that its last 5-days average volume of 0.67 million was superior to 0.62 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 50.28%. Additionally, its Average True Range was 1.42.

During the past 100 days, Spyre Therapeutics Inc’s (SYRE) raw stochastic average was set at 4.00%, which indicates a significant decrease from 24.07% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.13% in the past 14 days, which was lower than the 62.50% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $20.72, while its 200-day Moving Average is $26.50. Now, the first resistance to watch is $19.26. This is followed by the second major resistance level at $20.35. The third major resistance level sits at $21.21. If the price goes on to break the first support level at $17.31, it is likely to go to the next support level at $16.45. Assuming the price breaks the second support level, the third support level stands at $15.36.

Spyre Therapeutics Inc (NASDAQ: SYRE) Key Stats

The company with the Market Capitalisation of 1.09 billion has total of 60,257K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -208,020 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -56,300 K.