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Coya Therapeutics' (COYA) "Buy" Rating Reaffirmed at Chardan Capital

Coya Therapeutics logo with Medical background

Coya Therapeutics (NASDAQ:COYA - Get Free Report)'s stock had its "buy" rating reiterated by investment analysts at Chardan Capital in a note issued to investors on Thursday,Benzinga reports. They presently have a $14.00 price target on the stock. Chardan Capital's target price would suggest a potential upside of 93.91% from the stock's previous close.

Separately, HC Wainwright began coverage on Coya Therapeutics in a report on Monday, September 16th. They set a "buy" rating and a $18.00 price target for the company.

Get Our Latest Analysis on COYA

Coya Therapeutics Stock Down 0.6 %

Shares of COYA stock traded down $0.04 during trading hours on Thursday, reaching $7.22. 46,790 shares of the company's stock were exchanged, compared to its average volume of 71,665. Coya Therapeutics has a fifty-two week low of $4.40 and a fifty-two week high of $10.69. The business has a fifty day moving average price of $6.97 and a 200-day moving average price of $7.05.

Coya Therapeutics (NASDAQ:COYA - Get Free Report) last issued its quarterly earnings results on Monday, August 12th. The company reported ($0.19) EPS for the quarter. The firm had revenue of $3.43 million during the quarter. On average, equities analysts predict that Coya Therapeutics will post -1.27 EPS for the current year.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Gilbert & Cook Inc. acquired a new position in shares of Coya Therapeutics in the second quarter valued at $61,000. Renaissance Technologies LLC acquired a new position in shares of Coya Therapeutics in the second quarter valued at $101,000. GHP Investment Advisors Inc. acquired a new position in shares of Coya Therapeutics in the third quarter valued at $169,000. Finally, Vanguard Group Inc. raised its stake in shares of Coya Therapeutics by 772.3% in the first quarter. Vanguard Group Inc. now owns 847,490 shares of the company's stock valued at $8,407,000 after purchasing an additional 750,338 shares in the last quarter. 39.75% of the stock is currently owned by institutional investors and hedge funds.

Coya Therapeutics Company Profile

(Get Free Report)

Coya Therapeutics, Inc, a clinical-stage biotechnology company, engages in the development of proprietary medicinal products to modulate the function of regulatory T cells (Tregs). The company's product candidate pipeline is based on therapeutic modalities, such as Treg-enhancing biologics, Treg-derived exosomes, and autologous Treg cell therapy.

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