Lyra Therapeutics Inc (LYRA) concluded trading on Wednesday at a closing price of $0.20, with 7.42 million shares of worth about $1.48 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -44.44% during that period and on November 13, 2024 the price saw a loss of about -28.11%. Currently the company’s common shares owned by public are about 57.21M shares, out of which, 56.00M shares are available for trading.
Stock saw a price change of -29.37% in past 5 days and over the past one month there was a price change of -13.44%. Year-to-date (YTD), LYRA shares are showing a performance of -96.23% which decreased to -93.37% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.21 but also hit the highest price of $6.79 during that period. The average intraday trading volume for Lyra Therapeutics Inc shares is 999.86K. The stock is currently trading -23.38% below its 20-day simple moving average (SMA20), while that difference is down -22.87% for SMA50 and it goes to -89.92% lower than SMA200.
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Lyra Therapeutics Inc (NASDAQ: LYRA) currently have 57.21M outstanding shares and institutions hold larger chunk of about 44.64% of that.
The stock has a current market capitalization of $12.94M and its 3Y-monthly beta is at -0.03. It has posted earnings per share of -$1.53 in the same period. It has Quick Ratio of 3.64 while making debt-to-equity ratio of 1.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for LYRA, volatility over the week remained 12.42% while standing at 10.20% over the month.
Stock’s fiscal year EPS is expected to drop by -2.22% while it is estimated to increase by 47.67% in next year. EPS is likely to grow at an annualized rate of -1.60% for next 5-years, compared to annual growth of -21.63% made by the stock over the past 5-years.
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 May 07, 2024 offering a Hold rating for the stock and assigned a target price range of between $10 and $0.50 to it. Coverage by H.C. Wainwright stated Lyra Therapeutics Inc (LYRA) stock as a Neutral in their note to investors on May 07, 2024, suggesting a price target of $2 for the stock. Stock get a Buy rating from BTIG Research on October 06, 2023.
