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Wave Life Sciences Ltd (NASDAQ: WVE) closed the day trading at $6.59 down -3.80% from the previous closing price of $6.85. In other words, the price has decreased by -$3.80 from its previous closing price. On the day, 0.62 million shares were traded.
Ratios:
For a better understanding of WVE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.95 and its Current Ratio is at 2.95. In the meantime, Its Debt-to-Equity ratio is 0.13 whereas as Long-Term Debt/Eq ratio is at 0.09.
On April 29, 2025, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $10.
On April 08, 2025, Wedbush started tracking the stock assigning a Outperform rating and target price of $18.Wedbush initiated its Outperform rating on April 08, 2025, with a $18 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 Jun 13 ’25 when Verdine Gregory L. sold 30,000 shares for $6.95 per share. The transaction valued at 208,500 led to the insider holds 282,517 shares of the business.
GREGORY VERDINE bought 30,000 shares of WVE for $216,000 on Jun 13 ’25. On Mar 20 ’25, another insider, HENRY CHRISTIAN O, who serves as the Director of the company, sold 10,500 shares for $9.77 each. As a result, the insider received 102,574 and left with 16,115 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.68 while its Price-to-Book (P/B) ratio in mrq is 5.91.
Stock Price History:
Over the past 52 weeks, WVE has reached a high of $16.74, while it has fallen to a 52-week low of $4.25. The 50-Day Moving Average of the stock is 0.72%, while the 200-Day Moving Average is calculated to be -34.21%.
Shares Statistics:
A total of 154.09M shares are outstanding, with a floating share count of 123.09M. Insiders hold about 20.14% of the company’s shares, while institutions hold 81.46% stake in the company.