Turnstone Biologics Corp (TSBX) Stock: A Closer Look

Turnstone Biologics Corp [TSBX] stock prices are up 0.98% to $0.50 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The TSBX shares have gain 9.81% over the last week, with a monthly amount glided 0.76%, and seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Turnstone Biologics Corp [NASDAQ: TSBX] stock has seen the most recent analyst activity on November 15, 2024, when BofA Securities downgraded its rating to a Underperform. Previously, BofA Securities downgraded its rating to Neutral on October 14, 2024. On August 16, 2023, SVB Securities initiated with a Market Perform rating. Piper Sandler started tracking the stock assigning a Overweight rating and suggested a price target of $20 on August 15, 2023. BofA Securities initiated its recommendation with a Buy and recommended $18 as its price target on August 15, 2023.

The stock price of Turnstone Biologics Corp [TSBX] has been fluctuating between $0.44 and $5.75 over the past year. Currently, Wall Street analysts expect the stock to reach $0.5 within the next 12 months. Turnstone Biologics Corp [NASDAQ: TSBX] shares were valued at $0.50 at the most recent close of the market.

Analyzing the TSBX fundamentals

To continue investigating profitability, this company’s Return on Assets is posted at -1.27, Equity is -1.06 and Total Capital is -1.76.

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 0.4807 points at the first support level, and at 0.4563 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5372, and for the 2nd resistance point, it is at 0.5693.

Ratios To Look Out For

It’s worth pointing out that Turnstone Biologics Corp [NASDAQ:TSBX]’s Current Ratio is 3.75. In addition, the Quick Ratio stands at 3.75 and the Cash Ratio stands at 1.77.

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