In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of Wave Life Sciences Ltd (NASDAQ: WVE) was $7.34 for the day, up 7.47% from the previous closing price of $6.83. In other words, the price has increased by $7.47 from its previous closing price. On the day, 1.73 million shares were traded.
Ratios:
Our analysis of WVE’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Cantor Fitzgerald on April 29, 2025, initiated with a Overweight rating and assigned the stock a target price of $10.
On April 08, 2025, Wedbush started tracking the stock assigning a Outperform rating and target price of $18.
On February 25, 2025, Jefferies started tracking the stock assigning a Buy rating and target price of $26.Jefferies initiated its Buy rating on February 25, 2025, with a $26 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 20 ’25 when HENRY CHRISTIAN O sold 10,500 shares for $9.77 per share. The transaction valued at 102,574 led to the insider holds 16,115 shares of the business.
Christian Henry bought 10,500 shares of WVE for $102,579 on Mar 20 ’25. On Mar 07 ’25, another insider, BOLNO PAUL, who serves as the President and CEO of the company, sold 169,025 shares for $9.57 each. As a result, the insider received 1,617,569 and left with 338,351 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 10.40 while its Price-to-Book (P/B) ratio in mrq is 5.36.
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 -15.03%, while the 200-Day Moving Average is calculated to be -25.76%.
Shares Statistics:
A total of 153.04M shares are outstanding, with a floating share count of 122.54M. Insiders hold about 20.16% of the company’s shares, while institutions hold 79.51% stake in the company.
