As of Tuesday, Taysha Gene Therapies Inc’s (NASDAQ:TSHA) stock closed at $1.69, up from $1.63 the previous day. While Taysha Gene Therapies Inc has overperformed by 3.68%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, TSHA fell by -15.08%, with highs and lows ranging from $3.89 to $0.50, whereas the simple moving average jumped by 15.20% in the last 200 days.

#1 Small-Cap Uranium Stock for Ultra-Fast Gains in 2024

We've uncovered THE ONE small-cap uranium stock that has unearthed a near-surface, high-grade uranium discovery in the Saudi Arabia of Uranium — Canada's prolific Athabasca Basin. Best of all, this small-cap uranium stock is currently flying just below Wall Street's radar… giving you the early-entry opportunity around US$0.30 per share. But that won't last long. Drills are turning right now with results set to be released to the market very, very soon.

Learn all about it in this brand new FREE online report.
Sponsored

On February 01, 2023, Jefferies Downgraded Taysha Gene Therapies Inc (NASDAQ: TSHA) to Hold.

Analysis of Taysha Gene Therapies Inc (TSHA)

One of the most important indicators of Taysha Gene Therapies Inc’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -746.43% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 0.95, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.

For any stock, average volume can also provide valuable insight into volatility, and TSHA is recording 2.12M average volume. On a monthly basis, the volatility of the stock is set at 9.33%, whereas on a weekly basis, it is put at 9.77%, with a gain of 9.74% over the past seven days. Furthermore, long-term investors anticipate a median target price of $5.50, showing growth from the present price of $1.69, which can serve as yet another indication of whether TSHA is worth investing in or should be passed over.

How Do You Analyze Taysha Gene Therapies Inc Shares?

Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 38.06%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 55.22% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.

Are institutional investors increasing their holdings in TSHA shares?

The recent increase in stakes in TSHA appears to be a result of several institutional investors and hedge funds increasing their positions. Fidelity Management & Research Co’s position in TSHA has increased by 2,035.03% in the first quarter. The company now owns 24,527,801 shares of the stock, with a value of $43.17 million, following the purchase of 23,378,974 additional shares during the last quarter.

TSHA shares are owned by institutional investors to the tune of 55.22% at present.

Leave a Reply

Your email address will not be published. Required fields are marked *