52MEDIUM

NYR

NYRADA CDI FORUS [NYR]
Nyrada Inc., a pre-clinical stage drug development company, engages in the development of small molecule drugs for cardiovascular and neurological diseases. Its lead candidate is Xolatryp, a small molecule drug which has completed phase 1 clinical trial for neuroprotection and cardioprotection indications and in patients with traumatic brain injury and ischaemic stroke. Nyrada Inc. was incorporated in 2017 and is based in Sydney, Australia.
Healthcare · ASX Small Cap
$0.5370 -3.2%

Updated 26 Mar 2026 · Scores refresh every scan

Appeared in 2 consecutive scans→ Score +0First seen: 2026-02-25

Score Breakdown

Technical56
Catalyst53
Sentiment50
Fundamental38
Momentum71
Risk Gate42
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Active Signals

Bullish Signals

  • RSI drifting toward oversold territory — worth watching
  • MACD momentum is picking up steam
  • Watch out — volume is flowing out even as price holds up. Distribution pattern
  • Low cash runway (4 quarters) - dilution risk
  • Very high P/S ratio (56.6x)
  • CANSLIM S: Tight float (44%)
  • Sentiment is mixed — no strong consensus either way
  • Strong long-term momentum — up 303% over the past year (excluding last month)
  • Excellent risk-adjusted returns — Sharpe of 1.8 means strong gains without wild swings
  • Altman Z-Score distress zone (1.70 < 1.81, low-confidence approx)
  • RBA hiking (-3pts)

Risk Signals

  • Below the 200-day average — the long-term trend is still working against it
  • Piotroski F-Score weak (3/9, low-confidence approx)
  • Deeply negative margins (-234%)
  • Not enough chatter to gauge sentiment — defaulting to neutral
  • The bigger volume days are the down days — volume-weighted momentum is negative (-2.09%/day)
  • Overseas neutral (-2pts, S&P500 neutral, VIX 25)
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Recent Catalysts

LOW Presentation - ASX SMIDCaps Conference
MEDIUM Nyrada PROTECT-MI Phase IIa Trial To Commence
NONE Change of Director's Interest Notice - JM
NONE Director Options Issue
NONE Change of Director's Interest Notice - RW

Recent ASX Announcements

2026-03-19 Presentation - ASX SMIDCaps Conference
2026-03-18 Nyrada PROTECT-MI Phase IIa Trial To Commence
2026-03-09 Change of Director's Interest Notice - JM
2026-02-20 Director Options Issue
2026-02-20 Change of Director's Interest Notice - RW

Key Metrics

$134.7M
Market Cap
516K
Avg Volume
0.6x
Vol Ratio
$0.09 — $1.44
52-Week Range
N/A
Short Interest
N/A
Cash Runway
-71.0%
ROE
-234.3%
Profit Margin

CANSLIM Analysis

FactorRatingDetail
CCurrent EPSfailEPS Growth: 0%
AAnnual EarningsfailCAGR: 0%
NNew Highs / Catalystsneutral
SSupply & DemandpassFloat: 44%
LLeader vs LaggardlaggardRS: -12
IInstitutional Sponsorshipinsufficient_dataInst: 0%
MMarket DirectionneutralNeutral

Sector: Healthcare

Ranked #19 of 117 · Sector avg: 46

View all Healthcare signals →
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Compare:NYR vs ATXNYR vs PNVNYR vs IMM
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