The 36-month beta value for TVTX is also noteworthy at 0.71. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 0 rating it as “sell.”
The public float for TVTX is 85.74M, and at present, short sellers hold a 8.64% of that float. The average trading volume of TVTX on January 03, 2025 was 1.57M shares.
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TVTX) stock’s latest price update
Travere Therapeutics Inc (NASDAQ: TVTX) has experienced a rise in its stock price by 8.90 compared to its previous closing price of 17.42. However, the company has seen a gain of 10.74% in its stock price over the last five trading days. seekingalpha.com reported 2024-12-19 that Travere Therapeutics’ sparsentan received full FDA approval for IgA nephropathy, showing long-term kidney function preservation and significant market growth, with $35mn in 3Q24 revenues. Despite setbacks in FSGS trials, ongoing studies and FDA involvement suggest potential future approval, bolstered by proteinuria reduction as a validated surrogate endpoint. Financially, TVTX faces high operating expenses and cash runway concerns but aims to extend runway to 2028 through restructuring and secondary offerings.
TVTX’s Market Performance
Travere Therapeutics Inc (TVTX) has seen a 10.74% rise in stock performance for the week, with a -3.07% decline in the past month and a 36.77% surge in the past quarter. The volatility ratio for the week is 4.86%, and the volatility levels for the past 30 days are at 4.33% for TVTX.. The simple moving average for the past 20 days is 5.81% for TVTX’s stock, with a 64.68% simple moving average for the past 200 days.
Analysts’ Opinion of TVTX
Many brokerage firms have already submitted their reports for TVTX stocks, with Wells Fargo repeating the rating for TVTX by listing it as a “Overweight.” The predicted price for TVTX in the upcoming period, according to Wells Fargo is $27 based on the research report published on October 21, 2024 of the previous year 2024.
Guggenheim gave a rating of “Buy” to TVTX, setting the target price at $25 in the report published on September 09th of the previous year.
TVTX Trading at 4.78% from the 50-Day Moving Average
After a stumble in the market that brought TVTX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.69% of loss for the given period.
Volatility was left at 4.33%, however, over the last 30 days, the volatility rate increased by 4.86%, as shares sank -2.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.81% upper at present.
During the last 5 trading sessions, TVTX rose by +10.74%, which changed the moving average for the period of 200-days by +164.21% in comparison to the 20-day moving average, which settled at $17.93. In addition, Travere Therapeutics Inc saw 8.90% 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 TVTX starting from Calvin Sandra, who sale 15,000 shares at the price of $17.22 back on Dec 26 ’24. After this action, Calvin Sandra now owns 54,927 shares of Travere Therapeutics Inc, valued at $258,277 using the latest closing price.
SANDRA CALVIN, the Officer of Travere Therapeutics Inc, proposed sale 15,000 shares at $17.22 during a trade that took place back on Dec 26 ’24, which means that SANDRA CALVIN is holding shares at $258,278 based on the most recent closing price.
Stock Fundamentals for TVTX
Current profitability levels for the company are sitting at:
- -1.69 for the present operating margin
- 0.84 for the gross margin
The net margin for Travere Therapeutics Inc stands at -1.73. The total capital return value is set at -1.09. Equity return is now at value -279.94, with -52.19 for asset returns.
Based on Travere Therapeutics Inc (TVTX), the company’s capital structure generated 1.09 points at debt to capital in total, while cash flow to debt ratio is standing at -0.71. The debt to equity ratio resting at -12.6. The interest coverage ratio of the stock is -30.74.
Currently, EBITDA for the company is -326.25 million with net debt to EBITDA at -1.24. When we switch over and look at the enterprise to sales, we see a ratio of 9.91. The receivables turnover for the company is 8.08for trailing twelve months and the total asset turnover is 0.4. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.71.
Conclusion
In summary, Travere Therapeutics Inc (TVTX) has had a better performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
