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Lyra Therapeutics Inc. (LYRA) Stock: A Year of Decreases and Increases

The 52-week high and low prices can offer valuable insights into a stock’s current standing and prospects for future performance. Lyra Therapeutics Inc.’s current trading price is -32.87% away from its 52-week high, while its distance from the 52-week low is 133.87%. The stock’s price range for this period has been between $1.86 and $6.48 The company’s shares, which are part of the Healthcare sector, had a trading volume of approximately 0.76 million for the day, a number notably higher than the average daily volume of 0.35 million over the last three months.

The stock of Lyra Therapeutics Inc. (LYRA) is currently priced at $4.35. In the last session, the stock climbed significantly, topping out at $4.86 after opening at $4.78. The day’s lowest price was $4.32 before the stock closed at $4.74.

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The market performance of Lyra Therapeutics Inc.’s stock has been turbulent in recent times. Over the last year, the company’s stock reached its highest point at $6.48 on 09/16/22, while the lowest value for the same duration was $1.86 on 03/27/23.

Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis

Lyra Therapeutics Inc. (LYRA) has experienced a quarterly rise of 45.48% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 234.81M and boasts a workforce of 73 employees.

Lyra Therapeutics Inc.: What Analysts Are Saying

As of right now, 4 analysts are rating Lyra Therapeutics Inc. as a BUY, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analyst is recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 analyst is rating the stock as SELL.

Analyzing Trading Volume and Moving Average Trends

Based on Barchart.com data, the company’s moving average over the 100-day period was 3.23, with a change in price of +2.37. Similarly, Lyra Therapeutics Inc. recorded 267,946 in trading volume during the last 100 days, posting a change of +119.70%.

Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis

The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for LYRA stands at 0.00. Similarly, the long-term debt-to-equity ratio is also 0.00.

LYRA Stock Stochastic Average

Lyra Therapeutics Inc.’s raw stochastic average for the past 50 days is presently 61.37%, as of today. This marks a increase from the raw stochastic average of the last 20 days, which was 57.93%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 69.30% and 74.27%, respectively.

LYRA Stock Price Performance Analysis

The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant gain of 38.54% since the start of this calendar year. Looking back over the last six months, we can see a weaker performance of 111.68%. Over the past 30 days, the price of LYRA has fallen by 20.50%. And in the last five days, it has surged by 12.69%.

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