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Athira Pharma Inc. (ATHA) stock has tumbled to a 52-week low, touching down at $0.3, marking a significant downturn for the biopharmaceutical company. According to InvestingPro data, the company’s market capitalization has shrunk to just $11.75 million, with analysts setting price targets between $0.50 and $0.60. Over the past year, Athira Pharma, which focuses on developing small molecules for neurological diseases, has seen its stock price erode, culminating in an alarming 1-year change of -88.61%. This precipitous drop reflects investor concerns and broader market trends that have weighed heavily on the biotech sector. With a high beta of 3.01 indicating significant volatility, and a current ratio of 4.18 showing strong short-term liquidity, the company presents a complex investment case. The 52-week low serves as a stark indicator of the challenges Athira Pharma faces as it strives to regain its footing in a competitive and rapidly evolving industry landscape. Investors can access 13 additional key insights and detailed financial analysis through InvestingPro’s comprehensive research report.
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