Taysha Gene Therapies Inc (NASDAQ:TSHA) traded at $2.24 at close of the session on current trade day and made an upward move of 4.19% on its previous day’s price.
Looking at the stock we see that its previous close was $2.15 and the beta (5Y monthly) reads 0.388 with the day’s price range being $2.1135 – $2.25. In terms of its 52-week price range, TSHA has a high of $4.32 and a low of $1.27. The company’s stock has gained about 3.70% over that past 30 days.
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Taysha Gene Therapies Inc has a market cap of $459.07 million and is expected to release its quarterly earnings report in October.
On the other hand, looking at the outlook for the TSHA stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of 75% Sell.
Based on estimates by 8 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 1 have rated the Taysha Gene Therapies Inc (TSHA) stock as a Hold, while 7 rate it as a Buy. 0 analyst(s) rate it as overweight while 0 of them rated it as underweight, whereas 0 suggest the stock as a Sell. The stock has an overall rating of Buy and investors could take advantage and scoop up stock of the company.
Looking further, we note the current price level is 3.15% off its SMA20 and -0.61% from its 50-day simple moving average. The RSI (14) is pointing at 50.63 while the volatility over the past week is 6.11% and jumps to 6.80% over the past one month. The beta value is 0.39, while the average true range (ATR) is currently pointing at 0.15. The average price target for the stock over the next 12 months is $8.5, with the estimates having a low of $5 and a high of $44. These price ends are -123.21% and -1864.29% off the current price level respectively, although investors could be excited at the prospect of a -279.46% if the TSHA share price touches on the median price of $8.5.
Coming back to Taysha Gene Therapies Inc (NASDAQ:TSHA), we note that the average 3-month trading volume was 2.48 million, while that of the preceding 10-day period stands at 0.92 million. Current shares outstanding are 186.96 million.
The insiders hold 23.07% of the company’s shares while institutions hold 72.80%. The data shows that short shares as of 2024-08-15, stood at 20.78 million at a short ratio of 14.84. This represents a 1338.00 short interest in shares outstanding on 2024-08-15. Shares short fall in August from the previous month at 20.81 million. Investors should be excited about this stock as its upside potential is great, with current price pushing the stock 26.55% up in year-to-date price movement.
