Lyra Therapeutics Stock Today

LYRA Stock  USD 0.18  0  1.67%   

Performance

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Odds Of Distress

Over 73

 
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High
Lyra Therapeutics is trading at 0.183 as of the 30th of January 2025, a 1.67 percent increase since the beginning of the trading day. The stock's open price was 0.18. Lyra Therapeutics has a very high chance of experiencing financial distress in the next few years of operation. It has also generated negative returns for investors over the last 90 days. The performance scores are derived for the period starting the 31st of December 2024 and ending today, the 30th of January 2025. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
1st of May 2020
Category
Healthcare
Classification
Health Care
Lyra Therapeutics, Inc., a clinical-stage therapeutics company, focuses on the development and commercialization of novel integrated drug and delivery solutions for the localized treatment of patients with ear, nose, and throat diseases. Lyra Therapeutics, Inc. The company has 65.46 M outstanding shares of which 2.13 M shares are now shorted by private and institutional investors with about 1.09 trading days to cover. More on Lyra Therapeutics

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Lyra Stock Highlights

President CEOMaria Palasis
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.02130.0126
Way Up
Slightly volatile
Total Current Liabilities11.8 M22.5 M
Way Down
Slightly volatile
Non Current Liabilities Total24.7 M30.2 M
Significantly Down
Slightly volatile
Total Assets172.2 M164 M
Sufficiently Up
Slightly volatile
Total Current Assets66.8 M120.5 M
Way Down
Slightly volatile
Debt Levels
Lyra Therapeutics can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Lyra Therapeutics' financial leverage. It provides some insight into what part of Lyra Therapeutics' total assets is financed by creditors.
Liquidity
Lyra Therapeutics currently holds 26.88 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Lyra Therapeutics has a current ratio of 12.15, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Lyra Therapeutics' use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

69.45 Million
Lyra Therapeutics (LYRA) is traded on NASDAQ Exchange in USA. It is located in 480 Arsenal Way, Watertown, MA, United States, 02472 and employs 88 people. Lyra Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Micro-Cap' category with a current market capitalization of 11.93 M. Lyra Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 65.46 M outstanding shares of which 2.13 M shares are now shorted by private and institutional investors with about 1.09 trading days to cover. Lyra Therapeutics currently holds about 120.67 M in cash with (63.3 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 3.79, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Lyra Therapeutics Probability Of Bankruptcy
Ownership Allocation
Lyra Therapeutics maintains a total of 65.46 Million outstanding shares. Over half of Lyra Therapeutics' outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that shop for positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Lyra Ownership Details

Lyra Stock Institutional Holders

InstituionRecorded OnShares
Two Sigma Advisers, Llc2024-09-30
460.3 K
Two Sigma Investments Llc2024-09-30
282.5 K
Everhart Financial Group, Inc.2024-09-30
252.7 K
Boothbay Fund Management, Llc2024-09-30
232.7 K
Northern Trust Corp2024-09-30
183.3 K
Exoduspoint Capital Management, Lp2024-09-30
159.2 K
New York State Common Retirement Fund2024-09-30
154.8 K
Bank Of Montreal2024-09-30
119.4 K
Bmo Capital Markets Corp.2024-09-30
119.4 K
Perceptive Advisors Llc2024-09-30
12.8 M
Citadel Advisors Llc2024-09-30
4.8 M
View Lyra Therapeutics Diagnostics

Lyra Therapeutics Historical Income Statement

At present, Lyra Therapeutics' Net Interest Income is projected to increase significantly based on the last few years of reporting. The current year's Interest Income is expected to grow to about 4.9 M, whereas Interest Expense is forecasted to decline to about 344.2 K. View More Fundamentals

Lyra Stock Against Markets

Lyra Therapeutics Corporate Management

Dr RobertsCoFounderProfile
Corinne NoyesSenior DevelopmentProfile
Donald MBAAdvisorProfile
Gloria CosgroveSenior QualityProfile
Ellen CavaleriSenior CommunicationsProfile
Richard MDChief OfficerProfile
Ronan JDChief OfficerProfile
When determining whether Lyra Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lyra Therapeutics' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lyra Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lyra Therapeutics Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lyra Therapeutics. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.
For information on how to trade Lyra Stock refer to our How to Trade Lyra Stock guide.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lyra Therapeutics. If investors know Lyra will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lyra Therapeutics listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(1.49)
Revenue Per Share
0.023
Quarterly Revenue Growth
(0.64)
Return On Assets
(0.42)
Return On Equity
(1.86)
The market value of Lyra Therapeutics is measured differently than its book value, which is the value of Lyra that is recorded on the company's balance sheet. Investors also form their own opinion of Lyra Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Lyra Therapeutics' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lyra Therapeutics' market value can be influenced by many factors that don't directly affect Lyra Therapeutics' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lyra Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lyra Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lyra Therapeutics' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.