Tenaya Therapeutics Inc (NASDAQ:TNYA) Stock Ripped -53.13% Year-To-Date, What Will Happen Next?

In last trading session, Tenaya Therapeutics Inc (NASDAQ:TNYA) saw 6.36 million shares changing hands with its beta currently measuring 2.97. Company’s recent per share price level of $0.67 trading at $0.07 or 11.64% at ring of the bell on the day assigns it a market valuation of $103.36M. That closing price of TNYA’s stock is at a discount of -728.36% from its 52-week high price of $5.55 and is indicating a premium of 41.79% from its 52-week low price of $0.39. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 9.41 million shares which gives us an average trading volume of 4.41 million if we extend that period to 3-months.

For Tenaya Therapeutics Inc (TNYA), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.21 in the current quarter.

Tenaya Therapeutics Inc (NASDAQ:TNYA) trade information

Upright in the green during last session for gaining 11.64%, in the last five days TNYA remained trading in the green while hitting it’s week-highest on Wednesday, 03/12/25 when the stock touched $0.67 price level, adding 2.9% to its value on the day. Tenaya Therapeutics Inc’s shares saw a change of -53.13% in year-to-date performance and have moved 42.60% in past 5-day. Tenaya Therapeutics Inc (NASDAQ:TNYA) showed a performance of -28.97% in past 30-days. Number of shares sold short was 14.4 million shares which calculate 8.63 days to cover the short interests.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -15.48% during past 5 years.

Tenaya Therapeutics Inc (NASDAQ:TNYA)’s Major holders

Insiders are in possession of 1.42% of company’s total shares while institution are holding 108.53 percent of that, with stock having share float percentage of 110.09%. Investors also watch the number of corporate investors in a company very closely, which is 108.53% institutions for Tenaya Therapeutics Inc that are currently holding shares of the company. COLUMN GROUP LLC is the top institutional holder at TNYA for having 9.4 million shares of worth $29.14 million. And as of 2024-06-30, it was holding 10.968 of the company’s outstanding shares.

The second largest institutional holder is RA CAPITAL MANAGEMENT, L.P., which was holding about 7.62 million shares on 2024-06-30. The number of shares represents firm’s hold over 8.8935 of outstanding shares, having a total worth of $23.63 million.

On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 2.06 shares of worth $1.38 million or 2.36% of the total outstanding shares. The later fund manager was in possession of 1.5 shares on Dec 31, 2024 , making its stake of worth around $1.0 million in the company or a holder of 1.71% of company’s stock.