Lyell Immunopharma Inc (NASDAQ:LYEL) price on Friday, October 25, fall -14.95% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $0.93.
A look at the stock’s price movement, the close in the last trading session was $1.09, moving within a range at $0.87 and $1.16. The beta value (5-Year monthly) was -0.538. Turning to its 52-week performance, $3.26 and $1.06 were the 52-week high and 52-week low respectively. Overall, LYEL moved -39.01% over the past month.
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Lyell Immunopharma Inc’s market cap currently stands at around $237.31 million, with investors looking forward to this quarter’s earnings report slated for on 2024-Aug-07.
Wall Street analysts have also projected the company’s year-on-year revenue to grow to 10k, representing a -92.30% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that LYEL is a 100% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 100% Sell category.
3 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 3 analyst(s) rate the stock as a Hold, 0 recommend LYEL as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 0 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
LYEL’s current price about -20.45% and -28.34% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 31.83, while 7-day volatility ratio is 11.78% and 8.26% in the 30-day chart. Further, Lyell Immunopharma Inc (LYEL) has a beta value of -0.54, and an average true range (ATR) of 0.10. Analysts have given the company’s stock an average 52-week price target of $9.5, forecast between a low of $7 and high of $12. Looking at the price targets, the low is -652.69% off current price level while to achieve the yearly target high, price needs to move -1190.32%. Nonetheless, investors will most likely welcome a -921.51% jump to $9.5 which is the analysts’ median price.
If we refocus on Lyell Immunopharma Inc (NASDAQ:LYEL), historical trading data shows that trading volumes averaged 0.67 over the past 10 days and 666.94K over the past 3 months. The company’s latest data on shares outstanding shows there are 253.96 million shares.
The 55.45% of Lyell Immunopharma Inc’s shares are in the hands of company insiders while institutional holders own 26.33% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 10.66 million on 2024-09-30, giving us a short ratio of 12.84. The data shows that as of 2024-09-30 short interest in Lyell Immunopharma Inc (LYEL) stood at 591.0 of shares outstanding, with shares short falling to 13.76 million registered in 2024-08-30. Current price change has pushed the stock -52.22% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the LYEL stock continues to rise going into the next quarter.
