The stock of Tscan Therapeutics Inc (TCRX) has gone up by 0.52% for the week, with a -19.64% drop in the past month and a -33.68% drop in the past quarter. The volatility ratio for the week is 5.04%, and the volatility levels for the past 30 days are 6.72% for TCRX. The simple moving average for the past 20 days is -7.26% for TCRX’s stock, with a -13.01% simple moving average for the past 200 days.
Is It Worth Investing in Tscan Therapeutics Inc (NASDAQ: TCRX) Right Now?
The 36-month beta value for TCRX is at 0.82. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for TCRX is 41.42M, and currently, shorts hold a 2.85% of that float. The average trading volume for TCRX on August 23, 2024 was 359.34K shares.
TCRX) stock’s latest price update
Tscan Therapeutics Inc (NASDAQ: TCRX)’s stock price has gone rise by 1.41 in comparison to its previous close of 5.69, however, the company has experienced a 0.52% increase in its stock price over the last five trading days. zacks.com reported 2024-08-12 that TScan Therapeutics, Inc. (TCRX) came out with a quarterly loss of $0.28 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.51 per share a year ago.
Analysts’ Opinion of TCRX
Many brokerage firms have already submitted their reports for TCRX stocks, with BTIG Research repeating the rating for TCRX by listing it as a “Buy.” The predicted price for TCRX in the upcoming period, according to BTIG Research is $12 based on the research report published on May 16, 2024 of the current year 2024.
Needham, on the other hand, stated in their research note that they expect to see TCRX reach a price target of $11. The rating they have provided for TCRX stocks is “Buy” according to the report published on May 13th, 2024.
Wedbush gave a rating of “Outperform” to TCRX, setting the target price at $8 in the report published on June 22nd of the previous year.
TCRX Trading at -12.22% from the 50-Day Moving Average
After a stumble in the market that brought TCRX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -40.45% of loss for the given period.
Volatility was left at 6.72%, however, over the last 30 days, the volatility rate increased by 5.04%, as shares sank -19.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -33.95% lower at present.
During the last 5 trading sessions, TCRX rose by +2.18%, which changed the moving average for the period of 200-days by +29.47% in comparison to the 20-day moving average, which settled at $6.15. In addition, Tscan Therapeutics Inc saw -1.03% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at TCRX starting from BARBERICH TIMOTHY J, who purchase 28,830 shares at the price of $4.89 back on Dec 18 ’23. After this action, BARBERICH TIMOTHY J now owns 66,710 shares of Tscan Therapeutics Inc, valued at $140,881 using the latest closing price.
BARBERICH TIMOTHY J, the Director of Tscan Therapeutics Inc, purchase 317 shares at $4.97 during a trade that took place back on Dec 19 ’23, which means that BARBERICH TIMOTHY J is holding 67,027 shares at $1,575 based on the most recent closing price.
Stock Fundamentals for TCRX
Current profitability levels for the company are sitting at:
- -9.15 for the present operating margin
- 0.6 for the gross margin
The net margin for Tscan Therapeutics Inc stands at -8.56. The total capital return value is set at -0.33. Equity return is now at value -46.84, with -30.19 for asset returns.
Based on Tscan Therapeutics Inc (TCRX), the company’s capital structure generated 0.12 points at debt to capital in total, while cash flow to debt ratio is standing at -2.09. The debt to equity ratio resting at 0.13. The interest coverage ratio of the stock is 54.68.
Currently, EBITDA for the company is -88.1 million with net debt to EBITDA at 1.37. When we switch over and look at the enterprise to sales, we see a ratio of 12.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.77.
Conclusion
In conclusion, Tscan Therapeutics Inc (TCRX) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
