What shareholders can do to beat the market with Zomedica Corp. (ZOM) stock

As of close of business last night, Zomedica Corp.’s stock clocked out at $0.28, up 0.89% from its previous closing price of $0.28. In other words, the price has increased by $+0.0025 from its previous closing price. On the day, 3426798 shares were traded. ZOM stock price reached its highest trading level at $0.2870 during the session, while it also had its lowest trading level at $0.2750.

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Ratios:

To gain a deeper understanding of ZOM’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.50 and its Current Ratio is at 17.80. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Dawson James on January 06, 2023, initiated with a Buy rating and assigned the stock a target price of $6.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 17.06 while its Price-to-Book (P/B) ratio in mrq is 1.05.

Stock Price History:

Over the past 52 weeks, ZOM has reached a high of $0.50, while it has fallen to a 52-week low of $0.15. The 50-Day Moving Average of the stock is 0.2168, while the 200-Day Moving Average is calculated to be 0.2386.

Shares Statistics:

It appears that ZOM traded 10.14M shares on average per day over the past three months and 9.11M shares per day over the past ten days. A total of 979.95M shares are outstanding, with a floating share count of 965.42M. Insiders hold about 1.48% of the company’s shares, while institutions hold 9.70% stake in the company. Shares short for ZOM as of Oct 13, 2022 were 89.39M with a Short Ratio of 90.23M, compared to 85.71M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 9.12% and a Short% of Float of 9.24%.

Earnings Estimates

As of right now, 0 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.03. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.

Analysts are recommending an EPS of between $0 and $0 for the fiscal current year, implying an average EPS of $0. EPS for the following year is $0, with 0 analysts recommending between $0 and $0.

Revenue Estimates

Based on 1 analysts’ estimates, the company’s revenue will be $15.21M in the next fiscal year. The high estimate is $15.21M and the low estimate is $15.21M. The average revenue growth estimate for next year is up 243.30% from the average revenue estimate for this year.