Tenaya Therapeutics Stock Today

TNYA Stock  USD 2.16  0.06  2.70%   

Performance

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Odds Of Distress

Less than 46

 
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Tenaya Therapeutics is trading at 2.16 as of the 22nd of November 2024, a 2.7 percent decrease since the beginning of the trading day. The stock's open price was 2.22. Tenaya Therapeutics has 46 percent odds of going through some form of financial distress in the next two years and has generated negative returns to investors over the last 90 days. Equity ratings for Tenaya Therapeutics are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 23rd of October 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
30th of July 2021
Category
Healthcare
Classification
Health Care
Tenaya Therapeutics, Inc., a biotechnology company, discovers, develops, and delivers therapies for heart disease in the United States. The company was incorporated in 2016 and is headquartered in South San Francisco, California. Tenaya Therapeutics operates under Biotechnology classification in the United States and is traded on NASDAQ Exchange. The company has 79.22 M outstanding shares of which 5.24 M shares are at this time shorted by private and institutional investors with about 8.19 trading days to cover. More on Tenaya Therapeutics

Moving against Tenaya Stock

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Tenaya Stock Highlights

ESG Sustainability
Environmental
Governance
Social
Secretary CEOFaraz MBA
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Composite, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Debt Levels
Tenaya 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 Tenaya Therapeutics' financial leverage. It provides some insight into what part of Tenaya Therapeutics' total assets is financed by creditors.
Liquidity
Tenaya Therapeutics currently holds 12.42 M in liabilities with Debt to Equity (D/E) ratio of 0.08, which may suggest the company is not taking enough advantage from borrowing. Tenaya Therapeutics has a current ratio of 9.71, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Tenaya Therapeutics' use of debt, we should always consider it together with its cash and equity.

Sale Purchase Of Stock

93.9 Million
Tenaya Therapeutics (TNYA) is traded on NASDAQ Exchange in USA. It is located in 171 Oyster Point Boulevard, South San Francisco, CA, United States, 94080 and employs 140 people. Tenaya Therapeutics is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 171.12 M. Tenaya Therapeutics conducts business under Biotechnology sector and is part of Health Care industry. The entity has 79.22 M outstanding shares of which 5.24 M shares are at this time shorted by private and institutional investors with about 8.19 trading days to cover. Tenaya Therapeutics currently holds about 180.92 M in cash with (102.07 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.37, which can makes it an attractive takeover target, given it will continue generating positive cash flow.
Check Tenaya Therapeutics Probability Of Bankruptcy
Ownership Allocation
Tenaya Therapeutics shows a total of 79.22 Million outstanding shares. The majority of Tenaya Therapeutics outstanding shares are owned by institutional holders. These institutional investors are usually referred to as non-private investors looking to take positions in Tenaya Therapeutics to benefit from reduced commissions. Consequently, institutions are subject to a different set of regulations than regular investors in Tenaya Therapeutics. Please pay attention to any change in the institutional holdings of Tenaya Therapeutics as this could imply that something significant has changed or is about to change at the company. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tenaya Ownership Details

Tenaya Stock Institutional Holders

InstituionRecorded OnShares
Fmr Inc2024-09-30
1.3 M
Geode Capital Management, Llc2024-06-30
1.2 M
State Street Corp2024-06-30
M
Euclidean Capital Llc2024-06-30
M
Adage Capital Partners Gp Llc2024-06-30
1000 K
Alphabet Inc2024-06-30
915.7 K
Abrdn Plc2024-09-30
550.7 K
Stepstone Group Llc2024-06-30
462.2 K
Northern Trust Corp2024-09-30
444.8 K
Column Group Llc2024-06-30
9.4 M
Ra Capital Management, Llc2024-06-30
7.6 M
View Tenaya Therapeutics Diagnostics

Tenaya Therapeutics Historical Income Statement

At present, Tenaya 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 7 M, whereas Depreciation And Amortization is forecasted to decline to about 5 M. View More Fundamentals

Tenaya Stock Against Markets

Tenaya Therapeutics Corporate Management

Deepak MDChairman FounderProfile
Saptarsi MDScientific FounderProfile
Sheng DingScientific FounderProfile
Benoit BruneauScientific FounderProfile
Timothy HoeyChief OfficerProfile
Leone MBAChief OfficerProfile
Chihiro SaitoSenior OfficerProfile
When determining whether Tenaya Therapeutics offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Tenaya 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 Tenaya Therapeutics Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Tenaya Therapeutics Stock:
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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 Tenaya Therapeutics. If investors know Tenaya 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 Tenaya 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
(1.44)
Return On Assets
(0.46)
Return On Equity
(0.84)
The market value of Tenaya Therapeutics is measured differently than its book value, which is the value of Tenaya that is recorded on the company's balance sheet. Investors also form their own opinion of Tenaya Therapeutics' value that differs from its market value or its book value, called intrinsic value, which is Tenaya 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 Tenaya Therapeutics' market value can be influenced by many factors that don't directly affect Tenaya 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 Tenaya Therapeutics' value and its price as these two are different measures arrived at by different means. Investors typically determine if Tenaya Therapeutics is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tenaya 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.