In the past week, ATXS stock has gone down by -7.57%, with a monthly gain of 8.91% and a quarterly surge of 17.07%. The volatility ratio for the week is 4.59%, and the volatility levels for the last 30 days are 5.77% for Astria Therapeutics Inc The simple moving average for the past 20 days is -8.01% for ATXS’s stock, with a 2.43% simple moving average for the past 200 days.
Is It Worth Investing in Astria Therapeutics Inc (NASDAQ: ATXS) Right Now?
Company’s 36-month beta value is 0.73.Analysts have differing opinions on the stock, with 3 analysts rating it as a “buy,” 4 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for ATXS is 47.15M, and currently, short sellers hold a 8.38% ratio of that floaft. The average trading volume of ATXS on September 12, 2024 was 384.27K shares.
ATXS) stock’s latest price update
Astria Therapeutics Inc (NASDAQ: ATXS)’s stock price has gone decline by -6.18 in comparison to its previous close of 11.33, however, the company has experienced a -7.57% decrease in its stock price over the last five trading days. businesswire.com reported 2024-09-04 that BOSTON–(BUSINESS WIRE)–Astria Therapeutics, Inc. (Nasdaq:ATXS), a biopharmaceutical company focused on developing life-changing therapies for allergic and immunologic diseases, granted stock options to purchase 180,000 shares of Astria’s common stock on September 3, 2024 under Astria’s 2022 Inducement Stock Incentive Plan. The 2022 Inducement Stock Incentive Plan is used exclusively for the grant of equity awards to individuals who were not previously an employee of Astria. The options were g.
Analysts’ Opinion of ATXS
Many brokerage firms have already submitted their reports for ATXS stocks, with TD Cowen repeating the rating for ATXS by listing it as a “Buy.” The predicted price for ATXS in the upcoming period, according to TD Cowen is $35 based on the research report published on July 29, 2024 of the current year 2024.
Evercore ISI, on the other hand, stated in their research note that they expect to see ATXS reach a price target of $18. The rating they have provided for ATXS stocks is “Outperform” according to the report published on March 28th, 2023.
ATXS Trading at -3.58% from the 50-Day Moving Average
After a stumble in the market that brought ATXS to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -37.10% of loss for the given period.
Volatility was left at 5.77%, however, over the last 30 days, the volatility rate increased by 4.59%, as shares surge +1.33% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.92% upper at present.
During the last 5 trading sessions, ATXS fell by -7.57%, which changed the moving average for the period of 200-days by +139.41% in comparison to the 20-day moving average, which settled at $11.56. In addition, Astria Therapeutics Inc saw 38.41% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at ATXS starting from Morabito Christopher, who sale 10,000 shares at the price of $13.59 back on Apr 01 ’24. After this action, Morabito Christopher now owns 0 shares of Astria Therapeutics Inc, valued at $135,939 using the latest closing price.
PERCEPTIVE ADVISORS LLC, the Director of Astria Therapeutics Inc, purchase 2,481,350 shares at $12.09 during a trade that took place back on Feb 01 ’24, which means that PERCEPTIVE ADVISORS LLC is holding 4,873,721 shares at $29,999,522 based on the most recent closing price.
Stock Fundamentals for ATXS
The total capital return value is set at -0.26. Equity return is now at value -34.06, with -32.43 for asset returns.
Based on Astria Therapeutics Inc (ATXS), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -13.89. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -40.0.
Currently, EBITDA for the company is -67.83 million with net debt to EBITDA at 0.88. The liquidity ratio also appears to be rather interesting for investors as it stands at 21.87.
Conclusion
In a nutshell, Astria Therapeutics Inc (ATXS) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. 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.
