Taysha Gene Therapies Inc (TSHA) looking to reclaim success with recent performance

With 1.39 million shares changed hands, the volume of the stock remained lighter than its average volume of 2.8 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $2.37 whereas the lowest price it dropped to was $2.2. The 52-week range on TSHA shows that it touched its highest point at $4.32 and its lowest point at $0.62 during that stretch. It currently has a 1-year price target of $6.59. Beta for the stock currently stands at 0.39.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of TSHA was down-trending over the past week, with a drop of -0.88%, but this was down by -41.97% over a month. Three-month performance dropped to -16.42% while six-month performance rose 25.84%. The stock gained 250.00% in the past year, while it has gained 26.55% so far this year. A look at the trailing 12-month EPS for TSHA yields -1.16 with Next year EPS estimates of -0.45. For the next quarter, that number is -0.16. This implies an EPS growth rate of 58.59% for this year and -14.13% for next year.

Float and Shares Shorts:

At present, 186.96 million TSHA shares are outstanding with a float of 151.35 million shares on hand for trading. On 2024-06-14, short shares totaled 14.72 million, which was 787.0000000000001 higher than short shares on 1715731200. In addition to Mr. Sean P. Nolan as the firm’s CEO & Chairman, Dr. Sukumar Nagendran M.D. serves as its President, Head of Research & Development and Director.

Institutional Ownership:

Through their ownership of 0.69921 of TSHA’s outstanding shares, institutional investors have minority control over the company.

An Overview of Recent Financials:

Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-03-31, TSHA reported revenue of $3411000.0 and operating income of -$24330000.0. The EBITDA in the recently reported quarter was -$23370000.0 and diluted EPS was -$0.1.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TSHA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.