aTyr Pharma (LIFE) Downgraded to Hold at Zacks Investment Research
aTyr Pharma (NASDAQ:LIFE) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research note issued to investors 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 lowered aTyr Pharma from a “sell” rating to a “strong sell” rating in a research note on Friday, December 1st. One analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. The stock has an average rating of “Hold” and an average target price 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 Thomson Reuters’ consensus estimate of ($0.50) by $0.07. equities analysts forecast that aTyr Pharma will post -1.93 EPS for the current fiscal year.
Several institutional investors have recently made changes to their positions in LIFE. Artal Group S.A. acquired a new position in shares of aTyr Pharma in the 3rd quarter valued at $1,263,000. Victory Capital Management Inc. acquired a new position in shares of aTyr Pharma in the 3rd quarter valued at $455,000. Finally, Dimensional Fund Advisors LP lifted its stake in shares of aTyr Pharma by 44.1% in the 3rd quarter. Dimensional Fund Advisors LP now owns 83,848 shares of the biotechnology company’s stock valued at $423,000 after purchasing an additional 25,676 shares during the last quarter. 58.28% of the stock is currently owned by institutional investors and hedge funds.
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About aTyr Pharma
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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