Embecta Corp (EMBC)’s Day in Review: Closing at 16.44, Down by -0.12

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After finishing at $16.46 in the prior trading day, Embecta Corp (NASDAQ: EMBC) closed at $16.44, down -0.12%. In other words, the price has decreased by -$0.12 from its previous closing price. On the day, 0.86 million shares were traded. EMBC stock price reached its highest trading level at $16.655 during the session, while it also had its lowest trading level at $16.18.

Ratios:

Our goal is to gain a better understanding of EMBC by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.37 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.24. For the most recent quarter (mrq), Quick Ratio is recorded 1.61 and its Current Ratio is at 2.11.

On January 06, 2023, Morgan Stanley Downgraded its rating to Underweight which previously was Equal-Weight but kept the price unchanged to $28.

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 Feb 12 ’24 when Melcher David F bought 2,000 shares for $16.25 per share. The transaction valued at 32,500 led to the insider holds 45,080 shares of the business.

Melcher David F bought 6,233 shares of EMBC for $98,271 on Sep 08 ’23. The Director now owns 27,698 shares after completing the transaction at $15.77 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, EMBC now has a Market Capitalization of 949194688 and an Enterprise Value of 2327372032. As of this moment, Embecta’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.62, and their Forward P/E ratio for the next fiscal year is 7.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.85. Its current Enterprise Value per Revenue stands at 2.08 whereas that against EBITDA is 10.101.

Stock Price History:

Over the past 52 weeks, EMBC has reached a high of $19.79, while it has fallen to a 52-week low of $9.93. The 50-Day Moving Average of the stock is 17.33%, while the 200-Day Moving Average is calculated to be 13.39%.

Shares Statistics:

The stock has traded on average 390.34K shares per day over the past 3-months and 347280 shares per day over the last 10 days, according to various share statistics. A total of 57.33M shares are outstanding, with a floating share count of 54.05M. Insiders hold about 6.32% of the company’s shares, while institutions hold 92.55% stake in the company. Shares short for EMBC as of 1723680000 were 1995831 with a Short Ratio of 5.11, compared to 1721001600 on 2929053. Therefore, it implies a Short% of Shares Outstanding of 1995831 and a Short% of Float of 4.8499998.

Dividends & Splits

In the trailing 12 months, EMBC’s forward annual dividend rate was 0.6, compared to 0.60 this year. Against a Trailing Annual Dividend Yield of 0.036452007

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