A share price of Syros Pharmaceuticals Inc [SYRS] is currently trading at $0.22, up 6.41%. 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 SYRS shares have gain 3.30% over the last week, with a monthly amount drifted -16.06%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Syros Pharmaceuticals Inc [NASDAQ: SYRS] stock has seen the most recent analyst activity on November 04, 2020, when H.C. Wainwright upgraded its rating to a Buy and also boosted its price target to $15 from $11. Previously, Alliance Global Partners started tracking the stock with Buy rating on September 22, 2020, and set its price target to $18. On January 17, 2020, downgrade downgraded it’s rating to Neutral. ROTH Capital upgraded its rating to Buy for this stock on November 05, 2018. In a note dated March 13, 2018, Wedbush reiterated an Outperform rating on this stock and boosted its target price from $11 to $13.
Syros Pharmaceuticals Inc experienced fluctuations in its stock price throughout the past year between $0.18 and $8.17. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. Syros Pharmaceuticals Inc [NASDAQ: SYRS] shares were valued at $0.22 at the most recent close of the market. An investor can expect a potential return of 2172.73% based on the average SYRS price forecast.
Analyzing the SYRS fundamentals
Trailing Twelve Months sales for Syros Pharmaceuticals Inc [NASDAQ:SYRS] were 0.39M which represents -100.00% decline. Gross Profit Margin for this corporation currently stands at -2.29% with Operating Profit Margin at -288.92%, Pretax Profit Margin comes in at -253.41%, and Net Profit Margin reading is -253.41%. To continue investigating profitability, this company’s Return on Assets is posted at -1.15, Equity is -27.47 and Total Capital is -1.97. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -3.93.
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 0.2050 points at the first support level, and at 0.1941 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.2218, and for the 2nd resistance point, it is at 0.2277.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Syros Pharmaceuticals Inc [NASDAQ:SYRS] is 2.25. Further, the Quick Ratio stands at 2.25, while the Cash Ratio is 2.05. Considering the valuation of this stock, the price to sales ratio is 14.84.
Transactions by insiders
Recent insider trading involved Flagship VentureLabs IV LLC, Affiliate, that happened on Dec 13 ’24 when 21333.0 shares were purchased. Affiliate, Flagship Pioneering Fund VII, completed a deal on Dec 13 ’24 to buy 1.0 million shares. Meanwhile, Affiliate Flagship Ventures Fund IV-RX, bought 55925.0 shares on Dec 13 ’24.