Tyme Technologies Inc. (NASDAQ: TYME) is 40.98% higher on its value in year-to-date trading and has touched a low of $0.85 and a high of $2.04 in the current 52-week trading range. The TYME stock was last observed hovering at around $1.50 in the last trading session, with the day’s gains setting it 0.22% off its average median price target of $8.75 for the next 12 months. It is also 81.89% off the consensus price target high of $9.50 offered by 2 analysts, but current levels are 78.5% higher than the price target low of $8.00 for the same period.
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Currently trading at $1.72, the stock is 39.89% and 59.63% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.42 million and changing 14.67% at the moment leaves the stock 45.08% off its SMA200. TYME registered 2.99% gain for a year compared to 6-month loss of 44.54%. The firm has a 50-day simple moving average (SMA 50) of $1.56% and a 200-day simple moving average (SMA200) of $3.45M.
The stock witnessed a 56.36% gain in the last 1 month and extending the period to 3 months gives it a 70.30%, and is 28.36% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 15.29% over the week and 10.34% over the month.
Distance from 52-week low is 102.35% and -15.69% from its 52-week high.
Tyme Technologies Inc. (TYME) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Tyme Technologies Inc. (TYME) is a “Buy”. 2 analysts offering their recommendations for the stock have an average rating of 1.50, where 0 rate it as a Hold and 0 think it is a “Overweight”. 2 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Tyme Technologies Inc. is expected to release its quarterly report on 05/11/2021 and quarterly earnings per share for the current quarter are estimated at -$0.06.The EPS is expected to grow by 40.40% this year.
Tyme Technologies Inc. (TYME) Top Institutional Holders
83 institutions hold shares in Tyme Technologies Inc. (TYME), with 64.3M shares held by insiders accounting for 49.39% while institutional investors hold 25.87% of the company’s shares. The shares outstanding are 128.05M, and float is at 65.90M with Short Float at 3.09%. Institutions hold 13.09% of the Float.
The top institutional shareholder in the company is Blackrock Inc. with over 4.2 million shares valued at $4.12 million. The investor’s holdings represent 4.06% of the TYME Shares outstanding. As of Sep 29, 2020, the second largest holder is Vanguard Group, Inc. (The) with 2.48 million shares valued at $2.43 million to account for 2.40% of the shares outstanding. The other top investors are Healthcare Value Capital, LLC which holds 2.17 million shares representing 2.10% and valued at over $2.13 million, while Hudson Bay Capital Management LP holds 1.89% of the shares totaling 1.96 million with a market value of $1.92 million.
Tyme Technologies Inc. (TYME) Insider Activity
A total of 56 insider transactions have happened at Tyme Technologies Inc. (TYME) in the last six months, with sales accounting for 54 and purchases happening 2 times. The most recent transaction is an insider sale by Hoffman Steve, the company’s Chief Science Officer. SEC filings show that Hoffman Steve sold 56,250 shares of the company’s common stock on Jan 06 at a price of $1.41 per share for a total of $79313.0. Following the sale, the insider now owns 24.93 million shares.
Tyme Technologies Inc. disclosed in a document filed with the SEC on Jan 05 that Hoffman Steve (Chief Science Officer) sold a total of 56,250 shares of the company’s common stock. The trade occurred on Jan 05 and was made at $1.36 per share for $76500.0. Following the transaction, the insider now directly holds 24.98 million shares of the TYME stock.
Still, SEC filings show that on Jan 04, Demurjian Michael (10% Owner) disposed off 20,000 shares at an average price of $1.28 for $25544.0. The insider now directly holds 24,978,546 shares of Tyme Technologies Inc. (TYME).
Tyme Technologies Inc. (TYME): Who are the competitors?
The company’s main competitors (and peers) include Applied Genetic Technologies Corporation (AGTC) that is trading -41.84% down over the past 12 months.