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Tarsus Pharmaceuticals (TARS) Loses -15.59% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner
Tarsus Pharmaceuticals (TARS) Loses -15.59% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Yahoo

time14-05-2025

  • Business
  • Yahoo

Tarsus Pharmaceuticals (TARS) Loses -15.59% in 4 Weeks, Here's Why a Trend Reversal May be Around the Corner

Tarsus Pharmaceuticals, Inc. (TARS) has been beaten down lately with too much selling pressure. While the stock has lost 15.6% over the past four weeks, there is light at the end of the tunnel as it is now in oversold territory and Wall Street analysts expect the company to report better earnings than they predicted earlier. We use Relative Strength Index (RSI), one of the most commonly used technical indicators, for spotting whether a stock is oversold. This is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. Usually, a stock is considered oversold when its RSI reading falls below 30. Technically, every stock oscillates between being overbought and oversold irrespective of the quality of their fundamentals. And the beauty of RSI is that it helps you quickly and easily check if a stock's price is reaching a point of reversal. So, by this measure, if a stock has gotten too far below its fair value just because of unwarranted selling pressure, investors may start looking for entry opportunities in the stock for benefitting from the inevitable rebound. However, like every investing tool, RSI has its limitations, and should not be used alone for making an investment decision. The RSI reading of 29.83 for TARS is an indication that the heavy selling could be in the process of exhausting itself, so the stock could bounce back in a quest for reaching the old equilibrium of supply and demand. This technical indicator is not the only factor that calls for a potential rebound for the stock. There is a fundamental indicator as well. A strong agreement among sell-side analysts covering TARS in raising earnings estimates for the current year has led to an increase in the consensus EPS estimate by 19.5% over the last 30 days. And an upward trend in earnings estimate revisions usually translates into price appreciation in the near term. Moreover, TARS currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. This is a more conclusive indication of the stock's potential turnaround in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Tarsus Pharmaceuticals, Inc. (TARS) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

"Olympics Is Making Golf Less Elitist": R&A's Roger Bathurst
"Olympics Is Making Golf Less Elitist": R&A's Roger Bathurst

NDTV

time26-04-2025

  • Sport
  • NDTV

"Olympics Is Making Golf Less Elitist": R&A's Roger Bathurst

Introduction of golf in the Olympic Games back in 2016 after more than a 100-year gap has helped it shed the so-called elitist tag, Roger Bathurst, Chairman (Rules) of The R&A, said during the curtain raiser press conference for the Level 3 Tournament Administrators & Referees Seminar (TARS) here at the Jaypee Greens Golf & Spa Resort on Saturday. 'It is an enormous privilege to be here to organize the Level 3 TARS in India. It is a terrific part of our mission to promote the game of golf to the world. I love the fact that the Olympics is making golf less elitist and more a game for people, the game is growing. We're very pleased to see the game continue to grow throughout the world. And that's really the point of us being here and helping with the refereeing work in India, last week we were in Vietnam, talking about people from a number of countries around Southeast Asia. And in any way that the R&A can promote the game and by the use of rules education, we can do that, we find that very beneficial indeed towards the entire growth of the game,' Roger Bathurst said during his address. Bathurst said that The R&A sees India as a territory with huge golf potential and to elevate the standard of golf, the standard of refereeing also needs to rise. In fact, 49 Indian referees and one from Bangladesh will be taking part in Level 3 TARS. The two-day seminar cum certification exam will include interactive sessions on rules of refereeing, course marking, course set-up, local rules, practical demonstration, role play sessions, pace of play, score recording, suspension of play and course evacuation by esteemed experts. The expert panel includes Roger Bathurst - Chairman of The R&A Rules Committee, Jin Woo Kim - The R&A Assistant Director (Rules), Eddy Putra - former R&A Rules Committee advisory member, Henry Arabelo - Tournament Director of the Asia Pacific Golf Confederation and R Shyam Sunder - IGU Rules Director. Speaking about hosting the inaugural Level 3 TARS in India, Brijinder Singh, President of the Indian Golf Union said: 'Being the National Sports Federation recognized by the Ministry of Youth Affairs & Sports (MYAS) and International Golf Federation (IGF), the Indian Golf Union is fully committed to promoting the sport of golf to various nooks and corners of the sub-continent. One of the most important roles of the IGU is upskilling and certification of coaches and referees. Currently, we have 28 Level 3 certified active Indian referees and we are confident that the 49 Indians taking the TARS exam this time will qualify for the same, which will be almost 200% rise in the number of rule officials.' The Level 3 seminar serves as a crucial component of The R&A's Rules Education Programme aimed at equipping candidates with the necessary skills and standards to function as tournament officials or referees. Listen to the latest songs, only on

RTA Launches ‘Takamul Permit' to Boost Luxury Transport Integration
RTA Launches ‘Takamul Permit' to Boost Luxury Transport Integration

Hi Dubai

time10-03-2025

  • Business
  • Hi Dubai

RTA Launches ‘Takamul Permit' to Boost Luxury Transport Integration

Dubai's Roads and Transport Authority (RTA) has unveiled the 'Takamul Permit', a new initiative aimed at enhancing synergy between the luxury passenger transport and car rental sectors. This move aligns with Dubai's commitment to offering seamless, high-end mobility solutions that cater to residents, visitors, and tourists while improving overall quality of life. Jamal Al Sadah, Director of Commercial Transport Activities at RTA's Licensing Agency, emphasized the initiative's role in fostering collaboration between limousine transport companies and car rental firms. 'The permit enables temporary use of luxury vehicles, allowing customers—including individuals, tourists, and residents—to hire a chauffeur-driven luxury car for up to one month, under specific regulations,' he stated. The 'Takamul Permit' introduces a comprehensive regulatory framework, updating policies to cover all rental activities under RTA's jurisdiction. It streamlines business operations while ensuring compliance with luxury transport standards. Companies benefiting from this service must adhere to strict regulations, including registering rental contracts, enrolling in RTA's Transport Activities Rental System (TARS), and listing drivers in the system. These measures reinforce service quality and operational transparency. With this initiative, RTA continues to enhance Dubai's transportation ecosystem, ensuring luxury, convenience, and regulatory efficiency in the emirate's evolving mobility landscape. News Source: Emirates News Agency

Dubai Launches Luxury Limousine And Chauffer Service
Dubai Launches Luxury Limousine And Chauffer Service

Gulf Insider

time08-03-2025

  • Automotive
  • Gulf Insider

Dubai Launches Luxury Limousine And Chauffer Service

Dubai has launched a luxury limousine and chauffer rental service as it looks to boost private transport in the city. The Roads and Transport Authority (RTA) in Dubai has introduced the Takamul Permit service, a new initiative that aims to achieve integration between the commercial transport sectors in the emirate, especially enhancing integration between the luxury car and car rental sectors. Ther service is in line with the distinctive services that meet the aspirations and needs of residents, visitors and tourists while also contributing to an enhanced quality of life and a seamless, luxurious lifestyle in the city. Jamal Al Sadah, Director of Commercial Transport Activities at RTA's Licensing Agency, said: 'the service integrates luxury passenger transport with the car rental sector in Dubai. The permit facilitates seamless collaboration between limousine transport companies and car rental firms, enabling the temporary use of luxury cars while fostering mutual benefits between RTA and the business sector. 'This initiative also allows end-users—including individuals, tourists, and residents—to hire a luxury car with a chauffeur for up to one month, subject to regulations and conditions. 'The Takamul Permit establishes a comprehensive and flexible regulatory framework to enhance the car rental sector across all categories. 'We had updated regulations and developed systems to encompass all car rental activities under RTA's jurisdiction while also streamlining the relationship between rental companies and customers. 'Companies utilising this service must adhere to the terms and conditions governing the hire and operation of light vehicles as well as the regulations for deluxe passenger transport in Dubai. 'This includes registering rental contracts, enrolling deluxe transport companies, and listing drivers in the electronic Transport Activities Rental System (TARS).'

Dubai launches luxury limousine and chauffer service
Dubai launches luxury limousine and chauffer service

Arabian Business

time08-03-2025

  • Automotive
  • Arabian Business

Dubai launches luxury limousine and chauffer service

Dubai has launched a luxury limousine and chauffer rental service as it looks to boost private transport in the city. The Roads and Transport Authority (RTA) in Dubai has introduced the Takamul Permit service, a new initiative that aims to achieve integration between the commercial transport sectors in the emirate, especially enhancing integration between the luxury car and car rental sectors. Ther service is in line with the distinctive services that meet the aspirations and needs of residents, visitors and tourists while also contributing to an enhanced quality of life and a seamless, luxurious lifestyle in the city. Dubai Takamul Permit Jamal Al Sadah, Director of Commercial Transport Activities at RTA's Licensing Agency, said: 'the service integrates luxury passenger transport with the car rental sector in Dubai. The permit facilitates seamless collaboration between limousine transport companies and car rental firms, enabling the temporary use of luxury cars while fostering mutual benefits between RTA and the business sector. 'This initiative also allows end-users—including individuals, tourists, and residents—to hire a luxury car with a chauffeur for up to one month, subject to regulations and conditions. 'The Takamul Permit establishes a comprehensive and flexible regulatory framework to enhance the car rental sector across all categories. 'We had updated regulations and developed systems to encompass all car rental activities under RTA's jurisdiction while also streamlining the relationship between rental companies and customers. 'Companies utilising this service must adhere to the terms and conditions governing the hire and operation of light vehicles as well as the regulations for deluxe passenger transport in Dubai. 'This includes registering rental contracts, enrolling deluxe transport companies, and listing drivers in the electronic Transport Activities Rental System (TARS).'

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