Zacks Investment Research downgraded shares of aTyr Pharma (NASDAQ:LIFE) from a buy rating to a hold rating in a report issued on Wednesday.
According to Zacks, “aTyr Pharma, Inc. is a bio-therapeutics company. The Company is involved in the discovery and development of medicines for severe, rare diseases of physiological modulators. aTyr Pharma, Inc. is a based in SAN DIEGO, United States. “
Separately, ValuEngine cut shares of aTyr Pharma from a sell rating to a strong sell rating in a research note on Friday, December 1st. One investment analyst has rated the stock with a sell rating, four have given a hold rating and one has given a buy rating to the stock. aTyr Pharma has a consensus rating of Hold and a consensus price target of $4.81.
aTyr Pharma (NASDAQ:LIFE) last announced its quarterly earnings results on Tuesday, November 14th. The biotechnology company reported ($0.43) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.50) by $0.07. sell-side analysts anticipate that aTyr Pharma will post -1.93 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the stock. Artal Group S.A. purchased a new stake in shares of aTyr Pharma during the 3rd quarter valued at approximately $1,263,000. Victory Capital Management Inc. purchased a new stake in shares of aTyr Pharma during the 3rd quarter valued at approximately $455,000. Finally, Dimensional Fund Advisors LP increased its holdings in aTyr Pharma by 44.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 83,848 shares of the biotechnology company’s stock worth $423,000 after acquiring an additional 25,676 shares during the period. Institutional investors own 58.28% of the company’s stock.
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aTyr Pharma Company Profile
aTyr Pharma, Inc is a clinical-stage biotherapeutics company. The Company is engaged in the discovery and clinical development of medicines for patients suffering from severe, rare diseases using its Physiocrine biology, a discovered set of physiological modulators. The Company focuses on the development of Physiocrine-based therapeutics for the treatment of rare diseases, including facioscapulohumeral muscular dystrophy (FSHD) and limb-girdle muscular dystrophy (LGMD) 2B.
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