Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
After finishing at $26.19 in the prior trading day, Zai Lab Limited ADR (NASDAQ: ZLAB) closed at $24.81, down -5.27%. In other words, the price has decreased by -$5.27 from its previous closing price. On the day, 0.98 million shares were traded. ZLAB stock price reached its highest trading level at $25.565 during the session, while it also had its lowest trading level at $24.28.
Ratios:
Our goal is to gain a better understanding of ZLAB by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.87 and its Current Ratio is at 3.01. In the meantime, Its Debt-to-Equity ratio is 0.19 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Morgan Stanley on December 14, 2023, initiated with a Overweight rating and assigned the stock a target price of $47.50.
On August 10, 2023, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $70.
On January 21, 2022, Macquarie started tracking the stock assigning a Outperform rating and target price of $64.Macquarie initiated its Outperform rating on January 21, 2022, with a $64 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 Dec 31 ’24 when Amado Rafael sold 7,583 shares for $26.28 per share. The transaction valued at 199,289 led to the insider holds 33,834 shares of the business.
Amado Rafael bought 7,583 shares of ZLAB for $199,287 on Dec 31 ’24. On Nov 04 ’24, another insider, Chen Yajing, who serves as the Chief Financial Officer of the company, sold 167 shares for $30.66 each. As a result, the insider received 5,121 and left with 15,494 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, ZLAB now has a Market Capitalization of 2739966720 and an Enterprise Value of 23865270272. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.60 while its Price-to-Book (P/B) ratio in mrq is 3.66. Its current Enterprise Value per Revenue stands at 67.085 whereas that against EBITDA is -72.999.
Stock Price History:
Over the past 52 weeks, ZLAB has reached a high of $36.60, while it has fallen to a 52-week low of $13.48. The 50-Day Moving Average of the stock is -12.38%, while the 200-Day Moving Average is calculated to be 16.70%.
Shares Statistics:
The stock has traded on average 943.15K shares per day over the past 3-months and 337610 shares per day over the last 10 days, according to various share statistics. A total of 108.94M shares are outstanding, with a floating share count of 108.70M. Insiders hold about 0.22% of the company’s shares, while institutions hold 42.16% stake in the company. Shares short for ZLAB as of 1734048000 were 5845957 with a Short Ratio of 6.20, compared to 1731628800 on 4887020. Therefore, it implies a Short% of Shares Outstanding of 5845957 and a Short% of Float of 6.15.
