aTyr Pharma, Inc. (NASDAQ:LIFE) has earned a consensus rating of “Hold” from the six research firms that are covering the company, MarketBeat Ratings reports. One investment analyst has rated the stock with a sell recommendation, four have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among brokers that have issued ratings on the stock in the last year is $5.00.
Several brokerages have issued reports on LIFE. ValuEngine lowered aTyr Pharma from a “sell” rating to a “strong sell” rating in a report on Wednesday. Zacks Investment Research upgraded aTyr Pharma from a “hold” rating to a “buy” rating and set a $3.50 price target on the stock in a report on Wednesday. BMO Capital Markets set a $4.00 price target on aTyr Pharma and gave the stock a “hold” rating in a report on Tuesday, August 15th. Finally, Piper Jaffray Companies began coverage on aTyr Pharma in a report on Thursday. They issued an “overweight” rating and a $7.00 price target on the stock.
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aTyr Pharma (LIFE) traded up 3.28% during midday trading on Thursday, hitting $3.15. The stock had a trading volume of 94,347 shares. The company’s 50 day moving average price is $3.04 and its 200-day moving average price is $3.31. The stock’s market capitalization is $75.09 million. aTyr Pharma has a 52 week low of $2.10 and a 52 week high of $4.45.
aTyr Pharma (NASDAQ:LIFE) last announced its earnings results on Monday, August 14th. The biotechnology company reported ($0.51) EPS for the quarter, beating the consensus estimate of ($0.57) by $0.06. Equities analysts anticipate that aTyr Pharma will post ($2.18) earnings per share for the current fiscal year.
In related news, CEO John Mendlein acquired 37,736 shares of the stock in a transaction dated Thursday, August 31st. The stock was purchased at an average cost of $2.65 per share, with a total value of $100,000.40. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, Director Paul Schimmel acquired 94,336 shares of the stock in a transaction dated Thursday, August 31st. The stock was bought at an average cost of $2.65 per share, with a total value of $249,990.40. Following the completion of the purchase, the director now owns 40,440 shares of the company’s stock, valued at $107,166. The disclosure for this purchase can be found here. 33.30% of the stock is currently owned by corporate insiders.
A hedge fund recently raised its stake in aTyr Pharma stock. Renaissance Technologies LLC raised its stake in aTyr Pharma, Inc. (NASDAQ:LIFE) by 1.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 38,800 shares of the biotechnology company’s stock after purchasing an additional 700 shares during the quarter. Renaissance Technologies LLC owned 0.16% of aTyr Pharma worth $136,000 as of its most recent filing with the Securities & Exchange Commission. Institutional investors and hedge funds own 46.66% of the company’s stock.
About aTyr Pharma
aTyr Pharma, Inc is a clinical-stage biotherapeutics company. The Company is engaged in the discovery and clinical development of medicines for patients suffering from severe, rare diseases using its Physiocrine biology, a discovered set of physiological modulators. The Company focuses on the development of Physiocrine-based therapeutics for the treatment of rare diseases, including facioscapulohumeral muscular dystrophy (FSHD) and limb-girdle muscular dystrophy (LGMD) 2B.
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