Taysha Gene Therapies Inc. (NASDAQ:TSHA) shares fell to a low of $22.04 before closing at $22.63. Intraday shares traded counted 0.43 million, which was -327.69% lower than its 30-day average trading volume of 101.65K. TSHA’s previous close was $22.42 while the outstanding shares total 36.99M. The stock’s Relative Strength Index (RSI) is 52.16, with weekly volatility at 4.83% and ATR at 1.54. The TSHA stock’s 52-week price range has touched low of $18.16 and a $33.35 high. The stock traded higher over the last trading session, gaining 0.94% on 05/27/21.
Investors have identified the Biotechnology company Taysha Gene Therapies Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $859.26 million, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Taysha Gene Therapies Inc. (TSHA) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 239.63 million total, with 18.96 million as their total liabilities.
TSHA were able to record -22.57 million as free cash flow during the 09/01/2021 quarter of the year, this saw their quarterly net cash flow reduce by -22.57 million. In cash movements, the company had a total of -22.04 million as operating cash flow.
Having a look at the company’s valuation, the company is expected to record -3.79 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on TSHA sounds very interesting.
Is the stock of TSHA attractive?
In related news, Director, Nolan Sean P. bought 1,170 shares of the company’s stock in a transaction that recorded on May 20. The purchase was performed at an average price of 22.35, for a total value of 26,150. As the purchase deal closes, the Director, Manning Paul B now bought 12,000 shares of the company’s stock, valued at 251,760. In the last 6 months, insiders have changed their ownership in shares of company stock by 42.55%.