Lyell Immunopharma Inc (NASDAQ:LYEL) price on Thursday, November 14, remained unchanged to $1.10.
A look at the stock’s price movement, the close in the last trading session was $1.10, moving within a range at $1.06 and $1.12. The beta value (5-Year monthly) was -0.483. Turning to its 52-week performance, $3.26 and $0.85 were the 52-week high and 52-week low respectively. Overall, LYEL moved -12.00% over the past month.
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Lyell Immunopharma Inc’s market cap currently stands at around $307.14 million, with investors looking forward to this quarter’s earnings report slated for in December.
The average forecast suggests down to a -100.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 2.51M, representing a 1,829.23% jump 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 -1.94% and -8.99% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 46.37, while 7-day volatility ratio is 8.27% and 13.64% in the 30-day chart. Further, Lyell Immunopharma Inc (LYEL) has a beta value of -0.40, and an average true range (ATR) of 0.14. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $1 and high of $12. Looking at the price targets, the low is 9.09% off current price level while to achieve the yearly target high, price needs to move -990.91%. Nonetheless, investors will most likely welcome a -536.36% jump to $7 which is the analysts’ median price.
If we refocus on Lyell Immunopharma Inc (NASDAQ:LYEL), historical trading data shows that trading volumes averaged 1.44 over the past 10 days and 1.09 million over the past 3 months. The company’s latest data on shares outstanding shows there are 253.96 million shares.
The 55.34% of Lyell Immunopharma Inc’s shares are in the hands of company insiders while institutional holders own 22.23% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 11.14 million on 2024-10-31, giving us a short ratio of 7.69. The data shows that as of 2024-10-31 short interest in Lyell Immunopharma Inc (LYEL) stood at 615.0 of shares outstanding, with shares short rising to 10.66 million registered in 2024-09-30. Current price change has pushed the stock -43.30% 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.
