Lyra Therapeutics Stock Price on August 8, 2024

LYRA Stock  USD 0.21  0.01  4.55%   
Below is the normalized historical share price chart for Lyra Therapeutics extending back to May 01, 2020. This chart has been adjusted for all splits and dividends and is plotted against all major global economic recessions. As of today, the current price of Lyra Therapeutics stands at 0.21, as last reported on the 4th of January, with the highest price reaching 0.21 and the lowest price hitting 0.18 during the day.
IPO Date
1st of May 2020
200 Day MA
1.125
50 Day MA
0.216
Beta
(0.04)
 
Covid
If you're considering investing in Lyra Stock, it is important to understand the factors that can impact its price. At this point, Lyra Therapeutics is out of control. Lyra Therapeutics has Sharpe Ratio of 0.0239, which conveys that the firm had a 0.0239% return per unit of risk over the last 3 months. We have found twenty-three technical indicators for Lyra Therapeutics, which you can use to evaluate the volatility of the firm. Please verify Lyra Therapeutics' Mean Deviation of 4.51, insignificant risk adjusted performance, and Standard Deviation of 6.73 to check out if the risk estimate we provide is consistent with the expected return of 0.16%.
  
At present, Lyra Therapeutics' Total Stockholder Equity is projected to increase significantly based on the last few years of reporting. The current year's Common Stock Shares Outstanding is expected to grow to about 60.1 M, whereas Common Stock Total Equity is forecasted to decline to about 10.4 K. . The current year's Price Earnings To Growth Ratio is expected to grow to 0.13, whereas Price To Sales Ratio is forecasted to decline to 105.86. Lyra Stock price history is provided at the adjusted basis, taking into account all of the recent filings.

Sharpe Ratio = 0.0239

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Estimated Market Risk

 6.75
  actual daily
60
60% of assets are less volatile

Expected Return

 0.16
  actual daily
3
97% of assets have higher returns

Risk-Adjusted Return

 0.02
  actual daily
1
99% of assets perform better
Based on monthly moving average Lyra Therapeutics is performing at about 1% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Lyra Therapeutics by adding it to a well-diversified portfolio.
Price Book
0.6603
Enterprise Value Ebitda
0.6593
Price Sales
9.2557
Shares Float
41.7 M
Wall Street Target Price
1.25

Lyra Therapeutics Main Headline on 8th of August 2024

OptiNose delivered earnings and revenue surprises of 12.50 percent and 1.52, respectively, for the quarter ended June 2024. Do the numbers hold clues to what lies ahead for the stock

Lyra Therapeutics Valuation on August 8, 2024

It is possible to determine the worth of Lyra Therapeutics on a given historical date. On August 8, 2024 Lyra was worth 0.3 at the beginning of the trading date compared to the closed value of 0.31. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Lyra Therapeutics stock. Still, in general, we apply an absolute valuation method to find Lyra Therapeutics' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Lyra Therapeutics where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Lyra Therapeutics' related companies.
 Open High Low Close Volume
  0.32    0.32    0.29    0.31    959,485  
08/08/2024
  0.30    0.31    0.29    0.31    976,408  
  0.31    0.31    0.30    0.30    1,276,845  
Backtest Lyra Therapeutics  |  Lyra Therapeutics History  |  Lyra Therapeutics Valuation   PreviousNext  
Open Value
0.3
0.31
Closing Value
20.55
Upside

Lyra Therapeutics Trading Date Momentum on August 8, 2024

On August 09 2024 Lyra Therapeutics was traded for  0.30  at the closing time. The top price for the day was 0.31  and the lowest listed price was  0.30 . The trading volume for the day was 1.3 M. The trading history from August 9, 2024 was a factor to the next trading day price decrease. The trading delta at closing time against the next closing price was 3.23% . The trading delta at closing time against the current closing price is 3.23% .

Lyra Therapeutics Fundamentals Correlations and Trends

By evaluating Lyra Therapeutics' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Lyra Therapeutics' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Lyra financial account trend analysis is a perfect complement when working with valuation or volatility modules.

About Lyra Therapeutics Stock history

Lyra Therapeutics investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Lyra is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Lyra Therapeutics will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Lyra Therapeutics stock prices may prove useful in developing a viable investing in Lyra Therapeutics
Last ReportedProjected for Next Year
Common Stock Shares Outstanding57.3 M60.1 M
Net Loss-49.8 M-47.3 M

Lyra Therapeutics Quarterly Net Working Capital

39.49 Million

Lyra Therapeutics Stock Technical Analysis

Lyra Therapeutics technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
A focus of Lyra Therapeutics technical analysis is to determine if market prices reflect all relevant information impacting that market. A technical analyst looks at the history of Lyra Therapeutics trading pattern rather than external drivers such as economic, fundamental, or social events. It is believed that price action tends to repeat itself due to investors' collective, patterned behavior. Hence technical analysis focuses on identifiable price trends and conditions. More Info...

Price Boundaries

Lyra Therapeutics Period Price Range

Low
January 4, 2025
0.00  NaN%
High

 0.00 

     

 0.00 

Lyra Therapeutics cannot be verified against its exchange. Please verify the symbol is currently traded on NASDAQ Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.

Lyra Therapeutics January 4, 2025 Market Strength

Market strength indicators help investors to evaluate how Lyra Therapeutics stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Lyra Therapeutics shares will generate the highest return on investment. By undertsting and applying Lyra Therapeutics stock market strength indicators, traders can identify Lyra Therapeutics entry and exit signals to maximize returns

Lyra Therapeutics Technical and Predictive Indicators

Predictive indicators are helping investors to find signals for Lyra Therapeutics' price direction in advance. Along with the technical and fundamental analysis of Lyra Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Lyra to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.

Complementary Tools for Lyra Stock analysis

When running Lyra Therapeutics' price analysis, check to measure Lyra Therapeutics' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lyra Therapeutics is operating at the current time. Most of Lyra Therapeutics' value examination focuses on studying past and present price action to predict the probability of Lyra Therapeutics' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lyra Therapeutics' price. Additionally, you may evaluate how the addition of Lyra Therapeutics to your portfolios can decrease your overall portfolio volatility.
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