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The price of Legend Biotech Corp ADR (NASDAQ: LEGN) closed at $37.31 in the last session, down -2.07% from day before closing price of $38.10. In other words, the price has decreased by -$2.07 from its previous closing price. On the day, 0.9 million shares were traded. LEGN stock price reached its highest trading level at $38.32 during the session, while it also had its lowest trading level at $36.59.
Ratios:
We take a closer look at LEGN’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 4.98. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
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:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jan 10 ’25 when Macomber Lori bought 2,254 shares for $32.19 per share.
Huang Ying bought 63,061 shares of LEGN for $2,046,512 on Dec 24 ’24. On Dec 24 ’24, another insider, Macomber Lori, who serves as the Officer of the company, bought 189 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 6844519936 and an Enterprise Value of 12823267328. For the stock, the TTM Price-to-Sale (P/S) ratio is 13.16 while its Price-to-Book (P/B) ratio in mrq is 6.13. Its current Enterprise Value per Revenue stands at 24.651 whereas that against EBITDA is -37.653.
Stock Price History:
The Beta on a monthly basis for LEGN is 0.18, which has changed by -0.35869384 over the last 52 weeks, in comparison to a change of 0.21926713 over the same period for the S&P500. Over the past 52 weeks, LEGN has reached a high of $70.13, while it has fallen to a 52-week low of $30.17. The 50-Day Moving Average of the stock is 2.03%, while the 200-Day Moving Average is calculated to be -17.48%.
Shares Statistics:
According to the various share statistics, LEGN traded on average about 1.49M shares per day over the past 3-months and 1292350 shares per day over the past 10 days. A total of 183.45M shares are outstanding, with a floating share count of 181.93M. Insiders hold about 0.83% of the company’s shares, while institutions hold 49.69% stake in the company. Shares short for LEGN as of 1736899200 were 13106510 with a Short Ratio of 8.80, compared to 1734048000 on 22949167. Therefore, it implies a Short% of Shares Outstanding of 13106510 and a Short% of Float of 13.65.
