Tyme Technologies Inc. (NASDAQ:TYME) Relative Strength Index (RSI) is 53.55, with weekly volatility at 7.67% and ATR at 0.12. The TYME stock’s 52-week price range has touched low of $0.85 and a $4.99 high. Intraday shares traded counted 1.85 million, which was 37.22% higher than its 30-day average trading volume of 2.94M. Its shares traded lower over the last trading session, losing -1.95% on 06/04/21. The shares fell to a low of $1.51 before closing at $1.51. TYME’s previous close was $1.54 while the outstanding shares total 130.17M. The firm has a beta of 1.02.
Investors have identified the Biotechnology company Tyme Technologies 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 $262.50 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.
Tyme Technologies Inc. (TYME) 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 15.19 million total, with 4.61 million as their total liabilities.
Potential earnings growth for Tyme Technologies Inc. (TYME)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the 08/05/2021 quarter of the year, Tyme Technologies Inc. recorded a total of 5.87 million in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with -11.46% coming in sequential stages and their sales for the 08/05/2021 quarter reducing by -24.7%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent -5.87 million trying to sell their products during the last quarter, with the result yielding a gross income of 23000.0. This allows shareholders to hold on to 130.17M with the recently reported earning now reading -0.05 cents per share. This is a figure that compared to analyst’s prediction for their 08/05/2021 (-0.05 cents a share).
Having a look at the company’s valuation, the company is expected to record -0.20 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 TYME sounds very interesting.
Is the stock of TYME attractive?
In related news, 10% Owner, Demurjian Michael sold 20,000 shares of the company’s stock in a transaction that recorded on Jun 01. The sale was performed at an average price of 1.58, for a total value of 31,600. As the sale deal closes, the Chief Science Officer, Hoffman Steve now sold 41,250 shares of the company’s stock, valued at 60,638. Also, Chief Science Officer, Hoffman Steve sold 41,250 shares of the company’s stock in a deal that was recorded on May 26. The shares were price at an average price of 1.38 per share, with a total market value of 56,925. Following this completion of acquisition, the 10% Owner, Demurjian Michael now holds 20,000 shares of the company’s stock, valued at 26,902. In the last 6 months, insiders have changed their ownership in shares of company stock by 28.60%.