The trading price of Kymera Therapeutics Inc (NASDAQ:KYMR) closed higher on Tuesday, July 16, closing at $48.49, 7.76% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $45.55 and a 52-week low of $9.60. Over the past month, the stock has gained 39.06% in value.
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Kymera Therapeutics Inc, whose market valuation is $2.98 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest KYMR has a Hold on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Buy, while an average of long term indicators suggests that the stock is currently 100% Buy.
A quick review shows that KYMR’s price is currently 45.25% off the SMA20 and 40.95% off the SMA50. The RSI metric on the 14-day chart is currently showing 77.70, and weekly volatility stands at 8.90%. When measured over the past 30 days, the indicator reaches 6.17%. Kymera Therapeutics Inc (NASDAQ:KYMR)’s beta value is currently sitting at 2.30, while the Average True Range indicator is currently displaying 2.53.
To see how Kymera Therapeutics Inc stock has been performing in comparison to its peers in the industry, here are the numbers: KYMR stock’s performance was 7.76% in the latest trading, and 119.02% in the past year.
An evaluation of the daily trading volume of Kymera Therapeutics Inc (NASDAQ:KYMR) indicates that the 3-month average is 597.13K.
Currently, records show that 55.59 million of the company’s shares remain outstanding. The insiders hold 10.34% of outstanding shares, whereas institutions hold 100.94%. However, since the stock’s price has seen 90.46% year-to-date, investors’ interest is likely to be reignited due to its potential to move even higher.
