In the last trading session, 2.55 million shares of the Lyra Therapeutics Inc (NASDAQ:LYRA) were traded, and its beta was 0.02. Most recently the company’s share price was $0.32, and it changed around $0.0 or -0.34% from the last close, which brings the market valuation of the company to $19.74M. LYRA currently trades at a discount to its 52-week high of $6.79, offering almost -2021.88% off that amount. The share price’s 52-week low was $0.31, which indicates that the current value has risen by an impressive 3.13% since then. We note from Lyra Therapeutics Inc’s average daily trading volume that its 3-month average coming to 3.19 million.
Lyra Therapeutics Inc (NASDAQ:LYRA) trade information
Instantly LYRA has showed a red trend with a performance of -0.34% at the end of last trading. The performance over the last five days has remained in the red territory. The company’s shares are currently down -93.82% year-to-date, but still down -2.91% over the last five days. On the other hand, Lyra Therapeutics Inc (NASDAQ:LYRA) is -91.97% down in the 30-day period.
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The consensus price target as assigned by Wall Street analysts is $0.5, which translates to bulls needing to increase their stock price by 36.0% from its current value. Analyst projections state that LYRA is forecast to be at a low of $0.5 and a high of $0.5.
Lyra Therapeutics Inc (LYRA) estimates and forecasts
Lyra Therapeutics Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have fallen -91.06 percent over the past six months and at a 4.07% annual growth rate that is well below the industry average of 14.10%.
Looking at the company’s year-over-year earnings, the past five years showed a negative earnings growth rate of -21.63%. Lyra Therapeutics Inc earnings are expected to increase by -0.63% in 2024, but the outlook is negative -1.60% per year for the next five years.
LYRA Dividends
Lyra Therapeutics Inc’s next quarterly earnings report is expected to be released in July.
