Boom Or Bust: Where Is Lyra Therapeutics Inc (NASDAQ: LYRA) Stock Headed Next?

Lyra Therapeutics Inc (NASDAQ:LYRA)’s traded shares stood at 0.84 million during the last session, with the company’s beta value hitting -0.08. At the close of trading, the stock’s price was $0.17, to imply an increase of 5.04% or $0.0 in intraday trading. The LYRA share’s 52-week high remains $6.79, putting it -3894.12% down since that peak but still an impressive 17.65% since price per share fell to its 52-week low of $0.14. The company has a valuation of $11.53M, with an average of 0.99 million shares in intraday trading volume over the past 10 days and average of 1.19 million shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Lyra Therapeutics Inc (LYRA), translating to a mean rating of 3.00. Of 3 analyst(s) looking at the stock, 0 analyst(s) give LYRA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 2 recommend it as a Buy.

Lyra Therapeutics Inc (NASDAQ:LYRA) trade information

After registering a 5.04% upside in the last session, Lyra Therapeutics Inc (LYRA) has traded red over the past five days. The 5-day price performance for the stock is 1.74%, and -11.44% over 30 days. With these gigs, the year-to-date price performance is -15.21%. Short interest in Lyra Therapeutics Inc (NASDAQ:LYRA) saw shorts transact 1.88 million shares and set a 1.99 days time to cover.

The extremes give us $0.5 and $0.5 for target low and target high price respectively. As such, LYRA has been trading -194.12% off suggested target high and -194.12% from its likely low.

An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -2.22% for the past 5-year period. While 2025 is set for a 42.42% return in earnings, projections for the next 5 years are at 21.95% annually.

LYRA Dividends

Lyra Therapeutics Inc has its next earnings report out on 2025-Mar-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Lyra Therapeutics Inc (NASDAQ:LYRA)’s Major holders

Lyra Therapeutics Inc insiders hold 0.60% of total outstanding shares, with institutional holders owning 50.86% of the shares at 51.16% float percentage. In total, 50.86% institutions holds shares in the company, led by PERCEPTIVE ADVISORS LLC. As of 2024-06-30, the company held over 12.76 million shares (or 19.4892% of shares), all amounting to roughly $3.53 million.

The next major institution holding the largest number of shares is CITADEL ADVISORS LLC with 4.77 million shares, or about 7.2912% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $1.32 million.

We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Lyra Therapeutics Inc (LYRA) shares. Going by data provided on Dec 31, 2024 , iShares Russell 2000 ETF holds roughly 2.44 shares. This is just over 3.70% of the total shares, with a market valuation of $0.43 million. Data from the same date shows that the other fund manager holds a little less at 992.54, or 1.51% of the shares, all valued at about 0.17 million.