With 2.4 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.82 million shares. The 52-week range on TVTX shows that it touched its highest point at $25.29 and its lowest point at $6.01 during that stretch. It currently has a 1-year price target of $34.79. Beta for the stock currently stands at 0.77.
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 -21.03%, but this was up by 14.01% over a month. Three-month performance dropped to -24.93% while six-month performance fell -8.35%. The stock gained 150.15% in the past year, while it has lost -2.35% so far this year. A look at the trailing 12-month EPS for TVTX yields -2.80 with Next year EPS estimates of 0.68. For the next quarter, that number is -0.28. This implies an EPS growth rate of 75.24% for this year and 167.13% for next year.
Float and Shares Shorts:
At present, 88.79 million TVTX shares are outstanding with a float of 87.49 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 -$0.17. The average estimate for the next quarter is thus -$0.06.
