During the last session, Tenaya Therapeutics Inc (NASDAQ:TNYA)’s traded shares were 2.84 million, with the beta value of the company hitting 2.38. At the end of the trading day, the stock’s price was $2.16, reflecting an intraday loss of -2.70% or -$0.06. The 52-week high for the TNYA share is $7.01, that puts it down -224.54 from that peak though still a striking 25.46% gain since the share price plummeted to a 52-week low of $1.61. The company’s market capitalization is $171.12M, and the average intraday trading volume over the past 10 days was 5.26 million shares, and the average trade volume was 1.98 million shares over the past three months.
Tenaya Therapeutics Inc (TNYA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. TNYA has a Sell rating from 0 analyst(s) out of 3 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 3 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.31.
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Tenaya Therapeutics Inc (NASDAQ:TNYA) trade information
Tenaya Therapeutics Inc (TNYA) registered a -2.70% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -2.70% in intraday trading to $2.16, hitting a weekly high. The stock’s 5-day price performance is 6.93%, and it has moved by 15.51% in 30 days. Based on these gigs, the overall price performance for the year is 19.34%. The short interest in Tenaya Therapeutics Inc (NASDAQ:TNYA) is 5.24 million shares and it means that shorts have 8.19 day(s) to cover.
Tenaya Therapeutics Inc (TNYA) estimates and forecasts
Statistics show that Tenaya Therapeutics Inc has outperformed its competitors in share price, compared to the industry in which it operates. Tenaya Therapeutics Inc (TNYA) shares have gone down -50.46% during the last six months, with a year-to-date growth rate more than the industry average at 19.64% against 18.00. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 21.25% this quarter and then jump 17.50% in the quarter after that.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -27.43%. While earnings are projected to return 19.57% in 2024.
TNYA Dividends
Tenaya Therapeutics Inc is due to release its next quarterly earnings in December. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Tenaya Therapeutics Inc (NASDAQ:TNYA)’s Major holders
Tenaya Therapeutics Inc insiders own 1.17% of total outstanding shares while institutional holders control 73.73%, with the float percentage being 74.61%. COLUMN GROUP LLC is the largest shareholder of the company, while 133.0 institutions own stock in it. As of 2024-06-30, the company held over 9.4 million shares (or 11.6078% of all shares), a total value of $29.14 million in shares.
The next largest institutional holding, with 7.62 million shares, is of RA CAPITAL MANAGEMENT, L.P.’s that is approximately 9.4124% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $23.63 million.
