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Stock impact report

Spyre Therapeutics (SYRE) Valuation Check After Strong Recent Share Price Performance [Yahoo! Finance]

Spyre Therapeutics, Inc. (SYRE) 
Company Research Source: Yahoo! Finance
Spyre Therapeutics (SYRE) has drawn interest recently as investors look at a clinical stage biotech with no current revenue, a reported net loss of US$118.381 million, and a focus on inflammatory bowel disease treatments. See our latest analysis for Spyre Therapeutics. At a share price of US$33.24, Spyre Therapeutics has delivered a 47.93% 90 day share price return and a 61.20% 1 year total shareholder return. This suggests that recent momentum has been building as investors reassess the risk and potential of its inflammatory bowel disease pipeline. If this kind of biotech rerating has your attention, it could be a good moment to scan other healthcare stocks that might fit a similar risk and reward profile. With a clinical stage pipeline, zero current revenue and a share price at US$33.24, the key question is whether Spyre Therapeutics is still trading below its potential or if the market is already pricing in future growth. Spyre Therapeutics is trading on a P/B of 8.6x, a Show less Read more
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