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After finishing at $2.81 in the prior trading day, Inozyme Pharma Inc (NASDAQ: INZY) closed at $2.64, down -6.05%. In other words, the price has decreased by -$6.05 from its previous closing price. On the day, 0.53 million shares were traded. INZY stock price reached its highest trading level at $2.8899 during the session, while it also had its lowest trading level at $2.62.
Ratios:
Our goal is to gain a better understanding of INZY by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.68 and its Current Ratio is at 7.68. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.51.
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, Stifel on September 12, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On May 30, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $14.Wells Fargo initiated its Overweight rating on May 30, 2024, with a $14 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 Apr 02 ’24 when Treco Douglas A sold 7,523 shares for $6.94 per share. The transaction valued at 52,210 led to the insider holds 20,665 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INZY now has a Market Capitalization of 169594128 and an Enterprise Value of 84778120.
Stock Price History:
Over the past 52 weeks, INZY has reached a high of $7.80, while it has fallen to a 52-week low of $2.61. The 50-Day Moving Average of the stock is -42.56%, while the 200-Day Moving Average is calculated to be -47.92%.
Shares Statistics:
The stock has traded on average 264.73K shares per day over the past 3-months and 384280 shares per day over the last 10 days, according to various share statistics. A total of 61.77M shares are outstanding, with a floating share count of 43.50M. Insiders hold about 32.28% of the company’s shares, while institutions hold 63.25% stake in the company. Shares short for INZY as of 1730332800 were 3229758 with a Short Ratio of 12.20, compared to 1727654400 on 3663418. Therefore, it implies a Short% of Shares Outstanding of 3229758 and a Short% of Float of 5.4399999999999995.
