For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The price of Zymeworks BC Inc (NASDAQ: ZYME) closed at $13.18 in the last session, up 3.37% from day before closing price of $12.75. In other words, the price has increased by $3.37 from its previous closing price. On the day, 0.67 million shares were traded.
Ratios:
We take a closer look at ZYME’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.10 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
On November 07, 2024, Leerink Partners Upgraded its rating to Outperform which previously was Market Perform and also upped its target price recommendation from $10 to $25.
Wells Fargo Downgraded its Overweight to Equal Weight on November 01, 2024, while the target price for the stock was maintained at $12.
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 16 ’25 when EcoR1 Capital, LLC bought 121,681 shares for $13.88 per share. The transaction valued at 1,689,541 led to the insider holds 15,700,413 shares of the business.
EcoR1 Capital, LLC bought 19,748 shares of ZYME for $273,998 on Jan 17 ’25. The Director now owns 15,720,161 shares after completing the transaction at $13.87 per share. On Jan 13 ’25, another insider, EcoR1 Capital, LLC, who serves as the Director of the company, bought 74,125 shares for $13.39 each. As a result, the insider paid 992,875 and bolstered with 15,485,203 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 14.72 while its Price-to-Book (P/B) ratio in mrq is 2.52.
Stock Price History:
Over the past 52 weeks, ZYME has reached a high of $17.70, while it has fallen to a 52-week low of $7.97. The 50-Day Moving Average of the stock is -7.20%, while the 200-Day Moving Average is calculated to be 7.56%.
Shares Statistics:
A total of 69.58M shares are outstanding, with a floating share count of 66.62M. Insiders hold about 4.07% of the company’s shares, while institutions hold 96.25% stake in the company.
