aTyr Pharma Inc. (LIFE) has been one of the best performers amongst all NYSE and NASDAQ listed stocks in the health care sector during morning trading on September 22. At the lunch break, shares of LIFE have clocked gains of 4.56% to $3.44 after closing the day prior at $3.29. In the first two and a half hours of trading, the stock has gone as high as $3.5 and as low as $3.26. Today’s rise has come with about 164,497 shares changing hands, compared to an average 30-day volume of 191,351 for aTyr Pharma Inc.. The price is currently below the 30-day volume weighted average price of $3.4 for LIFE.
The share appreciation gives the company a market capitalization of $78.03 million based upon 23.72 million shares outstanding. It also means that LIFE has a price-to-book ratio of 0.9:1.
In the past 52 weeks, shares of LIFE have traded as low as $2.48 and as high as $16.19. Technical traders will take note that at $3.44, shares of LIFE are trading below their 200-day MA at $4.42 and above their 50-day MA at $3.1. Technical analysts pay close attention to these key moving averages because they often serve as technical support and resistance levels and because a move through or holding above them is typically regarded as bullish.
Who is LIFE?
aTyr Pharma Inc is engaged in the discovery and clinical development of medicines for patients suffering from severe, rare diseases using its knowledge of Physiocrine biology, a newly discovered set of physiological modulators. The company’s 55 employees are led by CEO John D. Mendlein from the corporate headquarters at 3545 John Hopkins Court in San Diego, CA.
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