With 1.84 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.56 million shares. The 52-week range on TVTX shows that it touched its highest point at $25.29 and its lowest point at $5.12 during that stretch. It currently has a 1-year price target of $34.64. Beta for the stock currently stands at 0.82.
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 TVTX was down-trending over the past week, with a drop of -9.75%, but this was down by -18.25% over a month. Three-month performance dropped to -7.74% while six-month performance rose 79.96%. The stock gained 107.55% in the past year, while it has gained 2.58% so far this year. A look at the trailing 12-month EPS for TVTX yields -4.10 with Next year EPS estimates of 0.84. For the next quarter, that number is -0.55. This implies an EPS growth rate of 70.49% for this year and 169.87% for next year.
Float and Shares Shorts:
At present, 87.45 million TVTX shares are outstanding with a float of 87.38 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for TVTX since 8 analysts follow the stock currently. There are 8 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.48027 being high and -$3.67311 being low. For TVTX, this leads to a yearly average estimate of -$3.58128. Based on analyst estimates, the high estimate for the next quarter is -$0.08 and the low estimate is -$0.35. The average estimate for the next quarter is thus -$0.2.
