Ideaya Biosciences Inc (NASDAQ:IDYA) shares, rose in value, with the stock price up by 3.42% to the previous day’s close as strong demand from buyers drove the stock to $39.94.
Actively observing the price movement in the last trading, the stock closed the session at $38.62. Referring to stock’s 52-week performance, its high was $47.74, and the low was $18.09. On the whole, IDYA has fluctuated by -7.78% over the past month.
Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.45M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that IDYA’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Buy.
The stock’s technical analysis shows that the PEG ratio is about 0, with the price of IDYA currently trading nearly -2.46% and -7.81% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 45.56, while the 7-day volatility ratio is showing 4.71% which for the 30-day chart, stands at 4.24%. Furthermore, Ideaya Biosciences Inc (IDYA)’s beta value is 0.84, and its average true range (ATR) is 1.79.
A comparison of Ideaya Biosciences Inc (IDYA) with its peers suggests the former has fared considerably weaker in the market. IDYA showed an intraday change of 3.42% in last session, and over the past year, it grew by 116.83%%.
Data on historical trading for Ideaya Biosciences Inc (NASDAQ:IDYA) indicates that the trading volumes over the past 3 months, they’ve averaged 708.79K. According to company’s latest data on outstanding shares, there are 74.76 million shares outstanding.
Nearly 11.54% of Ideaya Biosciences Inc’s shares belong to company insiders and institutional investors own 80.77% of the company’s shares. The stock has risen by 12.25% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the IDYA stock heading into the next quarter.
