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After finishing at $1.44 in the prior trading day, Zura Bio Ltd (NASDAQ: ZURA) closed at $1.22, down -15.28%. In other words, the price has decreased by -$15.28 from its previous closing price. On the day, 0.54 million shares were traded.
Ratios:
Our goal is to gain a better understanding of ZURA by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.16 and its Current Ratio is at 9.16. In the meantime, Its Debt-to-Equity ratio is 0.00 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, Leerink Partners on November 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $15.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $5.
On May 03, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $26.Piper Sandler initiated its Overweight rating on May 03, 2024, with a $26 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 25 ’24 when Thiara Parvinder sold 1,001,633 shares for $2.73 per share. The transaction valued at 2,734,458 led to the insider holds 0 shares of the business.
Thiara Parvinder sold 3,800,000 shares of ZURA for $10,260,000 on Sep 11 ’24. The Director now owns 1,001,633 shares after completing the transaction at $2.70 per share. On Sep 04 ’24, another insider, Sidhu Someit, who serves as the Director of the company, sold 51,728 shares for $3.87 each. As a result, the insider received 200,187 and left with 2,085,418 shares of the company.
Stock Price History:
Over the past 52 weeks, ZURA has reached a high of $6.35, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is -4.92%, while the 200-Day Moving Average is calculated to be -55.35%.
Shares Statistics:
A total of 65.30M shares are outstanding, with a floating share count of 46.35M. Insiders hold about 32.21% of the company’s shares, while institutions hold 55.59% stake in the company.
