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IDYA Stock Forecast: All the More Reason to Consider Ideaya Biosciences Inc (IDYA) Now

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Ideaya Biosciences Inc (NASDAQ: IDYA) is -28.17% lower on its value in year-to-date trading and has touched a low of $18.20 and a high of $47.44 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The IDYA stock was last observed hovering at around $19.07 in the last trading session, with the day’s loss setting it -0.61%.

Currently trading at $18.46, the stock is -10.77% and -19.10% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.83 million and changing -3.20% at the moment leaves the stock -41.26% off its SMA200. IDYA registered -58.82% loss for a year compared to 6-month loss of -52.04%.

The stock witnessed a -26.45% gain in the last 1 month and extending the period to 3 months gives it a -30.76%, and is -10.26% down 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 6.32% over the week and 5.29% over the month.

Ideaya Biosciences Inc (IDYA) has around 131 employees, a market worth around $1.62B and $7.00M in sales. Profit margin for the company is -3921.10%. Distance from 52-week low is 1.43% and -61.09% from its 52-week high. The company has generated returns on investments over the last 12 months (-25.46%).

with sales reaching $1.91M over the same period.The EPS is expected to grow by 16.05% this year, but quarterly earnings will post 89.71% year-over-year. Quarterly sales are estimated to shrink 0.00% in year-over-year returns.

Ideaya Biosciences Inc (IDYA) Top Institutional Holders

The shares outstanding are 86.50M, and float is at 80.75M with Short Float at 11.02%.

The top institutional shareholder in the company is FMR LLC with over 11.27 million shares valued at $395.69 million. The investor’s holdings represent 14.4557% of the IDYA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 6.81 million shares valued at $239.02 million to account for 8.7321 of the shares outstanding. The other top investors are FEDERATED HERMES, INC. which holds 4.86 million shares representing 6.2283% and valued at over $170.49 million, while VANGUARD GROUP INC holds 5.4728 of the shares totaling 4.27 million with a market value of $149.81 million.

Ideaya Biosciences Inc (IDYA) Insider Activity

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Ideaya Biosciences Inc disclosed in a document filed with the SEC on May 29 ’24 that WHITE MICHAEL ANTHONY (Chief Scientific Officer) sold a total of 28,500 shares of the company’s common stock. The trade occurred on May 29 ’24 and was made at $36.24 per share for $1.03 million. Following the transaction, the insider now directly holds 0.0 shares of the IDYA stock.

Still, SEC filings show that on May 15 ’24, Hata Yujiro S (President and CEO) disposed off 83,856 shares at an average price of $42.90 for $3.6 million. The insider now directly holds 677,887 shares of Ideaya Biosciences Inc (IDYA).

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