Stock of Kyverna Therapeutics Inc. (KYTX) performance and profitability takes another direction

A share price of Kyverna Therapeutics Inc. [KYTX] is currently trading at $5.25, up 15.38%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The KYTX shares have gain 13.39% over the last week, with a monthly amount drifted -24.89%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Kyverna Therapeutics Inc. [NASDAQ: KYTX] stock has seen the most recent analyst activity on October 10, 2024, when UBS initiated its Buy rating and assigned the stock a price target of $13. Previously, Rodman & Renshaw started tracking the stock with Buy rating on October 09, 2024, and set its price target to $16. On July 03, 2024, H.C. Wainwright initiated with a Neutral rating and assigned a price target of $8 on the stock. Wells Fargo started tracking the stock assigning a Overweight rating and suggested a price target of $44 on March 04, 2024. Morgan Stanley initiated its recommendation with a Overweight and recommended $40 as its price target on March 04, 2024. Leerink Partners started tracking with a Outperform rating for this stock on March 04, 2024, and assigned it a price target of $48. In a note dated March 04, 2024, JP Morgan initiated an Overweight rating and provided a target price of $39 on this stock.

Kyverna Therapeutics Inc. experienced fluctuations in its stock price throughout the past year between $4.40 and $35.06. Kyverna Therapeutics Inc. [NASDAQ: KYTX] shares were valued at $5.25 at the most recent close of the market.

Analyzing the KYTX fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -0.25, Equity is -0.81 and Total Capital is -0.3. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.03.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 4.76 points at the first support level, and at 4.28 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.50, and for the 2nd resistance point, it is at 5.76.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Kyverna Therapeutics Inc. [NASDAQ:KYTX] is 14.86. Further, the Quick Ratio stands at 14.86, while the Cash Ratio is 5.61.

Transactions by insiders

Recent insider trading involved Vida Ventures, LLC, 10% Owner, that happened on Feb 12 ’24 when 0.25 million shares were purchased. 10% Owner, Bain Capital Life Sciences Inv completed a deal on Feb 12 ’24 to buy 0.45 million shares. Meanwhile, 10% Owner GILEAD SCIENCES, INC. bought 0.91 million shares on Feb 12 ’24.

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