aTyr Pharma, Inc. (LIFE) Announces Earnings Results

aTyr Pharma, Inc. (NASDAQ:LIFE) posted its earnings results on Tuesday. The biotechnology company reported ($0.43) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.50) by $0.07, Bloomberg Earnings reports.

aTyr Pharma (NASDAQ:LIFE) traded up $0.25 during trading hours on Wednesday, hitting $3.95. The company had a trading volume of 12,805 shares, compared to its average volume of 106,687. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.13 and a quick ratio of 6.13. aTyr Pharma has a 12-month low of $2.10 and a 12-month high of $6.50.

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In other news, CEO John Mendlein purchased 37,736 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The stock was bought 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 is available at this hyperlink. Also, Director Paul Schimmel purchased 94,336 shares of the company’s stock in a transaction that occurred on Thursday, August 31st. The shares were purchased 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 approximately $107,166. The disclosure for this purchase can be found here. Company insiders own 33.30% of the company’s stock.

A number of research analysts have weighed in on the company. BMO Capital Markets set a $4.00 target price on aTyr Pharma and gave the company a “hold” rating in a report on Tuesday, August 15th. Zacks Investment Research cut aTyr Pharma from a “buy” rating to a “hold” rating and set a $3.25 price target for the company. in a research report on Wednesday, August 30th. Finally, ValuEngine cut aTyr Pharma from a “hold” rating to a “sell” rating in a research report on Tuesday, August 1st. One research analyst has rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. aTyr Pharma has a consensus rating of “Hold” and an average price target of $4.62.

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.

Earnings History for aTyr Pharma (NASDAQ:LIFE)

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