Tyra Biosciences Inc (NASDAQ:TYRA) Shares Plunged -20.78% In A Week – But Can It Maintain Its Gains?

In last trading session, Tyra Biosciences Inc (NASDAQ:TYRA) saw 0.48 million shares changing hands with its beta currently measuring 1.21. Company’s recent per share price level of $7.74 trading at -$0.56 or -6.75% at ring of the bell on the day assigns it a market valuation of $410.92M. That closing price of TYRA’s stock is at a discount of -282.43% from its 52-week high price of $29.60 and is indicating a discount of -2.2% from its 52-week low price of $7.91. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.33 million shares which gives us an average trading volume of 300.43K if we extend that period to 3-months.

For Tyra Biosciences Inc (TYRA), 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 2 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 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.47 in the current quarter.

Tyra Biosciences Inc (NASDAQ:TYRA) trade information

Upright in the red during last session for losing -6.75%, in the last five days TYRA remained trading in the red while hitting it’s week-highest on Monday, 03/31/25 when the stock touched $7.74 price level, adding 20.53% to its value on the day. Tyra Biosciences Inc’s shares saw a change of -44.32% in year-to-date performance and have moved -20.78% in past 5-day. Tyra Biosciences Inc (NASDAQ:TYRA) showed a performance of -30.02% in past 30-days. Number of shares sold short was 3.92 million shares which calculate 11.64 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 30.5 to the stock, which implies a rise of 74.62% to its current value. Analysts have been projecting 30 as a low price target for the stock while placing it at a high target of 31. It follows that stock’s current price would drop -287.6% in reaching the projected high whereas dropping to the targeted low would mean a loss of -287.6% for stock’s current value.

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 -73.69% during past 5 years. In 2025, company’s earnings growth rate is likely to be around -42.22% while estimates for its earnings growth in next 5 years are of -19.96%.

Tyra Biosciences Inc (NASDAQ:TYRA)’s Major holders

Insiders are in possession of 4.17% of company’s total shares while institution are holding 95.73 percent of that, with stock having share float percentage of 99.90%. Investors also watch the number of corporate investors in a company very closely, which is 95.73% institutions for Tyra Biosciences Inc that are currently holding shares of the company. RA CAPITAL MANAGEMENT, L.P. is the top institutional holder at TYRA for having 10.42 million shares of worth $166.56 million. And as of 2024-06-30, it was holding 17.755 of the company’s outstanding shares.

The second largest institutional holder is BOXER CAPITAL, LLC, which was holding about 6.45 million shares on 2024-06-30. The number of shares represents firm’s hold over 10.9911 of outstanding shares, having a total worth of $103.11 million.

On the other hand, Fidelity Securities Fund-Fidelity Small Cap Growth Fund and VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jan 31, 2025 , the former fund manager was holding 913.43 shares of worth $7.07 million or 1.72% of the total outstanding shares. The later fund manager was in possession of 695.72 shares on Dec 31, 2024 , making its stake of worth around $5.38 million in the company or a holder of 1.31% of company’s stock.