aTyr Pharma, Inc. (NASDAQ:LIFE) Downgraded by Zacks Investment Research to “Hold”

Zacks Investment Research downgraded shares of aTyr Pharma, Inc. (NASDAQ:LIFE) from a buy rating to a hold rating in a research report report published on Wednesday, October 18th.

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. “

Other analysts have also recently issued reports about the company. ValuEngine upgraded aTyr Pharma from a sell rating to a hold rating in a report on Saturday, July 8th. BMO Capital Markets set a $4.00 price target on aTyr Pharma and gave the company a hold rating in a research note on Tuesday, August 15th. Finally, Piper Jaffray Companies assumed coverage on aTyr Pharma in a research note on Thursday, September 7th. They issued an overweight rating and a $7.00 price target on the stock. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the company. The stock has a consensus rating of Hold and an average target price of $4.62.

aTyr Pharma (LIFE) traded up $0.05 on Wednesday, hitting $4.50. The stock had a trading volume of 32,443 shares, compared to its average volume of 113,753. aTyr Pharma has a 12 month low of $2.10 and a 12 month high of $6.50. The company has a debt-to-equity ratio of 0.29, a current ratio of 6.13 and a quick ratio of 6.13.

aTyr Pharma (NASDAQ:LIFE) last announced its earnings results on Monday, August 14th. The biotechnology company reported ($0.51) EPS for the quarter, beating the Thomson Reuters’ consensus estimate of ($0.57) by $0.06. sell-side analysts predict that aTyr Pharma will post -2.09 EPS for the current year.

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In other news, CEO John Mendlein bought 37,736 shares of the stock in a transaction dated Thursday, August 31st. The stock was bought at an average price of $2.65 per share, for a total transaction of $100,000.40. The purchase was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul Schimmel bought 94,336 shares of the stock in a transaction dated Thursday, August 31st. The stock was purchased at an average price of $2.65 per share, with a total value of $249,990.40. Following the purchase, the director now owns 40,440 shares in the company, valued at $107,166. The disclosure for this purchase can be found here. Company insiders own 33.30% of the company’s stock.

An institutional investor recently bought a new position in aTyr Pharma stock. Victory Capital Management Inc. purchased a new stake in shares of aTyr Pharma, Inc. (NASDAQ:LIFE) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 90,020 shares of the biotechnology company’s stock, valued at approximately $455,000. Victory Capital Management Inc. owned 0.38% of aTyr Pharma as of its most recent filing with the Securities & Exchange Commission. Hedge funds and other institutional investors own 47.01% of the company’s stock.

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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