Athira Pharma Inc (ATHA) Stock: A Closer Look at the Market Potential

Company’s 36-month beta value is 2.84.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”

The public float for ATHA is 35.41M, and currently, short sellers hold a 4.43% ratio of that floaft. The average trading volume of ATHA on October 23, 2024 was 783.78K shares.

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ATHA) stock’s latest price update

The stock price of Athira Pharma Inc (NASDAQ: ATHA) has surged by 15.73 when compared to previous closing price of 0.46, but the company has seen a 19.04% gain in its stock price over the last five trading sessions. proactiveinvestors.com reported 2024-10-11 that ATHA Energy Corp (CSE:SASK, OTCQB:SASKF) announced that it has entered into option agreement with Terra Uranium Ltd (ASX:T92) which allow the two companies to earn significant interest in each other’s uranium exploration projects. ATHA has granted Terra Uranium an option to acquire up to 70% interest in its Spire and Horizon properties, together the Spire Horizon projects.

ATHA’s Market Performance

ATHA’s stock has risen by 19.04% in the past week, with a monthly rise of 25.95% and a quarterly drop of -83.97%. The volatility ratio for the week is 10.55% while the volatility levels for the last 30 days are 7.33% for Athira Pharma Inc The simple moving average for the last 20 days is 19.56% for ATHA stock, with a simple moving average of -78.29% for the last 200 days.

Analysts’ Opinion of ATHA

Many brokerage firms have already submitted their reports for ATHA stocks, with Mizuho repeating the rating for ATHA by listing it as a “Neutral.” The predicted price for ATHA in the upcoming period, according to Mizuho is $0.50 based on the research report published on September 19, 2024 of the current year 2024.

ATHA Trading at -58.28% from the 50-Day Moving Average

After a stumble in the market that brought ATHA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.69% of loss for the given period.

Volatility was left at 7.33%, however, over the last 30 days, the volatility rate increased by 10.55%, as shares surge +18.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -82.07% lower at present.

During the last 5 trading sessions, ATHA rose by +19.04%, which changed the moving average for the period of 200-days by -81.57% in comparison to the 20-day moving average, which settled at $0.4424. In addition, Athira Pharma Inc saw -78.23% 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 ATHA starting from Mark James Litton, who proposed sale 5,032 shares at the price of $0.00 back on Sep 05 ’24. After this action, Mark James Litton now owns shares of Athira Pharma Inc, valued at $1 using the latest closing price.

Gengos Andrew, the CFO and Chief Business Officer of Athira Pharma Inc, sale 1,272 shares at $0.57 during a trade that took place back on Sep 05 ’24, which means that Gengos Andrew is holding 97,532 shares at $720 based on the most recent closing price.

Stock Fundamentals for ATHA

Current profitability levels for the company are sitting at:

  • -73.31 for the present operating margin
  • 0.41 for the gross margin

The net margin for Athira Pharma Inc stands at -68.51. The total capital return value is set at -1.44. Equity return is now at value -84.57, with -71.06 for asset returns.

Based on Athira Pharma Inc (ATHA), the company’s capital structure generated 0.02 points at debt to capital in total, while cash flow to debt ratio is standing at -69.94. The debt to equity ratio resting at 0.02. The interest coverage ratio of the stock is -62.26.

Currently, EBITDA for the company is -126.12 million with net debt to EBITDA at 0.67. When we switch over and look at the enterprise to sales, we see a ratio of -36.51. The receivables turnover for the company is 1.02for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 3.97.

Conclusion

In a nutshell, Athira Pharma Inc (ATHA) has experienced a mixed 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.

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