Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
In the latest session, Legend Biotech Corp ADR (NASDAQ: LEGN) closed at $38.08 up 0.53% from its previous closing price of $37.88. In other words, the price has increased by $0.53 from its previous closing price. On the day, 0.5 million shares were traded. LEGN stock price reached its highest trading level at $38.155 during the session, while it also had its lowest trading level at $37.25.
Ratios:
For a deeper understanding of Legend Biotech Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.54 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
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, Redburn Atlantic on October 08, 2024, initiated with a Buy rating and assigned the stock a target price of $86.
On June 17, 2024, Truist started tracking the stock assigning a Buy rating and target price of $88.
H.C. Wainwright reiterated its Buy rating for the stock on May 24, 2024, while the target price for the stock was revised from $86 to $73.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 13 ’25 when Macomber Lori bought 32,632 shares for $37.52 per share.
Macomber Lori bought 2,254 shares of LEGN for $72,553 on Jan 10 ’25. On Dec 24 ’24, another insider, Huang Ying, who serves as the Officer of the company, bought 63,061 shares for $32.45 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEGN now has a Market Capitalization of 6993353728 and an Enterprise Value of 13214640128. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.14 while its Price-to-Book (P/B) ratio in mrq is 6.26. Its current Enterprise Value per Revenue stands at 21.068 whereas that against EBITDA is -44.904.
Stock Price History:
The Beta on a monthly basis for LEGN is 0.15, which has changed by -0.34615386 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, LEGN has reached a high of $64.28, while it has fallen to a 52-week low of $30.17. The 50-Day Moving Average of the stock is 6.00%, while the 200-Day Moving Average is calculated to be -13.37%.
Shares Statistics:
For the past three months, LEGN has traded an average of 1.25M shares per day and 1154640 over the past ten days. A total of 183.45M shares are outstanding, with a floating share count of 180.94M. Insiders hold about 1.37% of the company’s shares, while institutions hold 53.51% stake in the company. Shares short for LEGN as of 1740700800 were 13101840 with a Short Ratio of 10.45, compared to 1738281600 on 12632712. Therefore, it implies a Short% of Shares Outstanding of 13101840 and a Short% of Float of 13.639999999999999.
