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Biohaven Ltd (NYSE: BHVN) closed the day trading at $37.85 down -0.84% from the previous closing price of $38.17. In other words, the price has decreased by -$0.84 from its previous closing price. On the day, 0.98 million shares were traded. BHVN stock price reached its highest trading level at $39.1 during the session, while it also had its lowest trading level at $36.73.
Ratios:
For a better understanding of BHVN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Bernstein on Sep-05-24, initiated with a Outperform rating and assigned the stock a target price of $55.
On July 24, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $58.
On February 16, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $62.RBC Capital Mkts initiated its Outperform rating on February 16, 2024, with a $62 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 Jul 18 ’24 when CHILDS JOHN W bought 28,400 shares for $35.67 per share. The transaction valued at 1,012,983 led to the insider holds 2,339,741 shares of the business.
Car Bruce bought 30,000 shares of BHVN for $1,007,490 on Jun 17 ’24. The Chief Scientific Officer now owns 30,000 shares after completing the transaction at $33.58 per share. On May 30 ’24, another insider, CHILDS JOHN W, who serves as the Director of the company, bought 28,000 shares for $35.58 each. As a result, the insider paid 996,240 and bolstered with 2,311,341 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 3578426112 and an Enterprise Value of 3201472768.
Stock Price History:
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 0.64%, while the 200-Day Moving Average is calculated to be -8.84%.
Shares Statistics:
Over the past 3-months, BHVN traded about 919.55K shares per day on average, while over the past 10 days, BHVN traded about 641790 shares per day. A total of 94.54M shares are outstanding, with a floating share count of 81.53M. Insiders hold about 13.77% of the company’s shares, while institutions hold 89.73% stake in the company. Shares short for BHVN as of 1723680000 were 10289676 with a Short Ratio of 11.19, compared to 1721001600 on 9809332. Therefore, it implies a Short% of Shares Outstanding of 10289676 and a Short% of Float of 12.33.
