Taysha Gene Therapies Inc (TSHA) concluded trading on December 20, 2023 at a closing price of $1.42, with 5.1 million shares of worth about $7.25 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 98.46% during that period and On Wednesday the price saw a loss of about -7.19%. Currently the company’s common shares owned by public are about 186.96M shares, out of which, 115.80M shares are available for trading.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 18 times over the past 12 months. They bought 18,231,217 shares in 11 of the transactions. In 7 selling transactions, insiders dumped 582,095 shares.
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However, the stock later moved at a day high price of 1.5695, or with a loss of -7.19%. Stock saw a price change of -21.11% in past 5 days and over the past one month there was a price change of -21.11%. Year-to-date (YTD), TSHA shares are showing a performance of -37.17% which decreased to -26.80% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.50 but also hit the highest price of $3.89 during that period. The average intraday trading volume for Taysha Gene Therapies Inc shares is 2.08 million. The stock is currently trading -17.97% below its 20-day simple moving average (SMA20), while that difference is down -27.76% for SMA50 and it goes to -2.73% lower than SMA200.
Taysha Gene Therapies Inc (NASDAQ: TSHA) currently have 186.96M outstanding shares and institutions hold larger chunk of about 55.22% of that.
The stock has a current market capitalization of $265.48M and its 3Y-monthly beta is at -0.17. It has posted earnings per share of -$2.58 in the same period. It has Quick Ratio of 0.95. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for TSHA, volatility over the week remained 11.19% while standing at 9.11% over the month.
Analysts are in expectations that Taysha Gene Therapies Inc (TSHA) stock would likely to be making an EPS of -$0.11 in the current quarter, while forecast for next quarter EPS is -$0.06 and it is -$0.44 for next year. For the current quarter EPS, analysts have given the company a lowest target -$0.24 which is -$0.07 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of -$0.99 in the same quarter a year ago. Stock’s fiscal year EPS is expected to rise by 61.14% while it is estimated to increase by 70.05% in next year.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Jefferies on February 01, 2023 offering a Hold rating for the stock and assigned a target price range of between $14 and $1.50 to it.
