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Athira Pharma, Inc. (ATHA) Stock Sinks As Market Gains: What You Should Know

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In the latest trading session, Athira Pharma, Inc. (ATHA - Free Report) closed at $10.04, marking a -1.47% move from the previous day. This change lagged the S&P 500's daily gain of 0.24%.

Coming into today, shares of the company had lost 6% in the past month. In that same time, the Medical sector lost 2.6%, while the S&P 500 gained 4.09%.

ATHA will be looking to display strength as it nears its next earnings release.

Investors might also notice recent changes to analyst estimates for ATHA. These recent revisions tend to reflect the evolving nature of short-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.

Our research shows that these estimate changes are directly correlated with near-term stock prices. To benefit from this, we have developed the Zacks Rank, a proprietary model which takes these estimate changes into account and provides an actionable rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate remained stagnant. ATHA is currently sporting a Zacks Rank of #3 (Hold).

The Medical - Biomedical and Genetics industry is part of the Medical sector. This group has a Zacks Industry Rank of 215, putting it in the bottom 16% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.


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