In the last trading session, 1,320,604 Tyme Technologies, Inc.(NASDAQ:TYME) shares changed hands as the company’s beta touched 0.92. With the company’s per share price at $1.22 changed hands at $0.07 or 0.06% during last session, the market valuation stood at $158.81 Million. TYME’s last price was a discount, traded about -67.21% off its 52-week high of $2.04. The share price had its 52-week low at $0.85, which suggests the last value was 30.33% up since then. When we look at Tyme Technologies, Inc.’s average trading volume, we note the 10-day average is 590.12 Million shares, with the 3-month average coming to 459.33 Million.
Analysts gave the Tyme Technologies, Inc. (TYME) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.5. If we narrow down to specifics, the data shows that none out of 2 analysts rate the stock as a Sell, with a further none assigning it an Overweight rating. Of the remaining, none recommended TYME as a Hold, 2 felt it is a Buy and none rated the stock as Underweight. Tyme Technologies, Inc.’s EPS for the current quarter is expected to be -$0.06.
Instantly TYME was in green as seen at the end of in last trading. With action 6.09%, the performance over the past five days has been green. The jump to weekly highs of $1.29 on Thursday, Dec 31 added 5.43% to the stock’s daily price. The company’s shares are showing year-to-date downside of -0.13%, with the 5-day performance at 0.07% in the green. However, in the 30-day time frame, Tyme Technologies, Inc. (NASDAQ:TYME) is 0.16% up. Looking at the short shares, we see there were 2.04 Million shares sold at short interest cover period of 0 days.
The consensus price target for the stock as assigned by Wall Street analysts is $8.75, meaning bulls need an upside of 617.21% from its current market value. According to analyst projections, TYME’s forecast low is $8 with $9.5 as the target high. To hit the forecast high, the stock’s price needs a +678.69% upsurge from its current level, while the stock would need to tank 555.74% for it to hit the projected low.
Tyme Technologies, Inc. (TYME) estimates and forecasts
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 0%. The 2021 estimates are for Tyme Technologies, Inc. earnings to increase by 40.4%, but the outlook for the next 5-year period is at 0% per year.
Tyme Technologies, Inc. (NASDAQ:TYME)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 49.39% of Tyme Technologies, Inc. shares while 13.09% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 25.87%. There are 83 institutions holding the Tyme Technologies, Inc. stock share, with Blackrock Inc. the top institutional holder. As of Sep 29, 2020, the company held 4.06% of the shares, roughly 4.2 Million TYME shares worth $4.12 Million.
Vanguard Group, Inc. (The) holds the second largest percentage of outstanding shares, with 2.4% or 2.48 Million shares worth $2.43 Million as of Sep 29, 2020.
Among Mutual Funds, the top two as of Nov 29, 2020 were iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund. With 1582444 shares estimated at $1.66 Million under it, the former controlled 1.53% of total outstanding shares. On the other hand, Vanguard Total Stock Market Index Fund held about 1.36% of the shares, roughly 1.41 Million shares worth around $1.38 Million.
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