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As of close of business last night, Biohaven Ltd’s stock clocked out at $34.17, down -3.23% from its previous closing price of $35.31. In other words, the price has decreased by -$3.23 from its previous closing price. On the day, 1.16 million shares were traded. BHVN stock price reached its highest trading level at $35.16 during the session, while it also had its lowest trading level at $33.94.
Ratios:
To gain a deeper understanding of BHVN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.03 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, RBC Capital Mkts on February 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $62.
On February 06, 2024, UBS started tracking the stock assigning a Buy rating and target price of $59.
On December 22, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $50.H.C. Wainwright initiated its Buy rating on December 22, 2023, with a $50 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 Jun 17 ’24 when Car Bruce bought 30,000 shares for $33.58 per share. The transaction valued at 1,007,490 led to the insider holds 30,000 shares of the business.
CHILDS JOHN W bought 28,000 shares of BHVN for $996,240 on May 30 ’24. The Director now owns 2,311,341 shares after completing the transaction at $35.58 per share. On May 13 ’24, another insider, CHILDS JOHN W, who serves as the Director of the company, bought 28,500 shares for $35.17 each. As a result, the insider paid 1,002,470 and bolstered with 2,283,341 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BHVN now has a Market Capitalization of 3117588736 and an Enterprise Value of 2764047616.
Stock Price History:
The Beta on a monthly basis for BHVN is 4.15, which has changed by 0.47666383 over the last 52 weeks, in comparison to a change of 0.23886502 over the same period for the S&P500. Over the past 52 weeks, BHVN has reached a high of $62.21, while it has fallen to a 52-week low of $16.45. The 50-Day Moving Average of the stock is -6.67%, while the 200-Day Moving Average is calculated to be -11.73%.
Shares Statistics:
It appears that BHVN traded 1.41M shares on average per day over the past three months and 1675850 shares per day over the past ten days. A total of 81.12M shares are outstanding, with a floating share count of 76.29M. Insiders hold about 13.60% of the company’s shares, while institutions hold 84.14% stake in the company. Shares short for BHVN as of 1718323200 were 9261953 with a Short Ratio of 6.59, compared to 1715731200 on 9239553. Therefore, it implies a Short% of Shares Outstanding of 9261953 and a Short% of Float of 11.989999599999999.
