In yesterday’s Wall Street session, Third Harmonic Bio Inc (NASDAQ:THRD) shares traded at $3.25, down -30.11% from the previous session.
THRD stock price is now -62.72% away from the 50-day moving average and -72.32% away from the 200-day moving average. The market capitalization of the company currently stands at $146.44M.
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On August 09, 2024, Morgan Stanley Upgraded its previous ‘Equal-Weight’ rating to ‘Overweight’ on the stock increasing its target price from $12 to quote $20, while ‘Stifel’ rates the stock as ‘Buy’
In other news, Conner Edward R., Chief Medical Officer sold 2,117 shares of the company’s stock on Nov 08 ’24. The stock was sold for $31,755 at an average price of $15.00. Upon completion of the transaction, the Chief Medical Officer now directly owns 0 shares in the company, valued at $0.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 29 ’24, See Explanation of Responses BVF PARTNERS L P/IL sold 1,000,000 shares of the business’s stock. A total of $14,300,000 was realized by selling the stock at an average price of $14.30. This leaves the insider owning 176,692 shares of the company worth $0.57 million. A total of 62.80% of the company’s stock is owned by insiders.
During the past 12 months, Third Harmonic Bio Inc has had a low of $4.57 and a high of $16.94. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 42.50, and a quick ratio of 42.50. The fifty day moving average price for THRD is $8.9119 and a two-hundred day moving average price translates $11.78 for the stock.
The latest earnings results from Third Harmonic Bio Inc (NASDAQ: THRD) was released for 2024-09-30.
