As of close of business last night, Zura Bio Ltd’s stock clocked out at $2.05, down -29.07% from its previous closing price of $2.89. In other words, the price has decreased by -$0.8400 from its previous closing price. On the day, 808246 shares were traded.
Ratios:
To gain a deeper understanding of ZURA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.15 and its Current Ratio is at 6.15. 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, Ladenburg Thalmann on October 10, 2023, initiated with a Buy rating and assigned the stock a target price of $10.
On August 25, 2023, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $17.
On June 22, 2023, Guggenheim started tracking the stock assigning a Buy rating and target price of $20.Guggenheim initiated its Buy rating on June 22, 2023, with a $20 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 12 ’23 when Thiara Parvinder sold 2,000,000 shares for $4.00 per share. The transaction valued at 8,000,000 led to the insider holds 4,801,633 shares of the business.
Munshi Amit bought 117,647 shares of ZURA for $500,000 on Jun 05 ’23. The Director now owns 617,640 shares after completing the transaction at $4.25 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZURA now has a Market Capitalization of 88.34M and an Enterprise Value of 88.68M.
Stock Price History:
Over the past 52 weeks, ZURA has reached a high of $37.55, while it has fallen to a 52-week low of $2.80. The 50-Day Moving Average of the stock is 3.5564, while the 200-Day Moving Average is calculated to be 5.4688.
Shares Statistics:
It appears that ZURA traded 150.50K shares on average per day over the past three months and 148.43k shares per day over the past ten days. A total of 43.59M shares are outstanding, with a floating share count of 18.90M. Insiders hold about 56.64% of the company’s shares, while institutions hold 45.97% stake in the company. Shares short for ZURA as of Feb 29, 2024 were 358.24k with a Short Ratio of 2.38, compared to 328.54k on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 0.83% and a Short% of Float of 1.52%.
Earnings Estimates
As of right now, 5 analysts gave their recommendation on the stock of the company. The consensus estimate for the next quarter is -$0.24, with high estimates of -$0.19 and low estimates of -$0.26.
Analysts are recommending an EPS of between -$1.88 and -$4.49 for the fiscal current year, implying an average EPS of -$2.62. EPS for the following year is -$0.94, with 5 analysts recommending between -$0.77 and -$1.07.
