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.
In the latest session, Legend Biotech Corp ADR (NASDAQ: LEGN) closed at $45.72 down -0.59% from its previous closing price of $45.99. In other words, the price has decreased by -$0.59 from its previous closing price. On the day, 0.59 million shares were traded. LEGN stock price reached its highest trading level at $45.7999 during the session, while it also had its lowest trading level at $44.65.
Ratios:
For a deeper understanding of Legend Biotech Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.83 and its Current Ratio is at 6.92. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.
On April 03, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $82.
On March 13, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $86.Raymond James initiated its Outperform rating on March 13, 2024, with a $86 target price.
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 8316971520 and an Enterprise Value of 15752131584. For the stock, the TTM Price-to-Sale (P/S) ratio is 29.17 while its Price-to-Book (P/B) ratio in mrq is 6.65. Its current Enterprise Value per Revenue stands at 55.243 whereas that against EBITDA is -36.505.
Stock Price History:
Over the past 52 weeks, LEGN has reached a high of $77.32, while it has fallen to a 52-week low of $42.08. The 50-Day Moving Average of the stock is -18.04%, while the 200-Day Moving Average is calculated to be -26.27%.
Shares Statistics:
For the past three months, LEGN has traded an average of 992.48K shares per day and 1057360 over the past ten days. A total of 181.91M shares are outstanding, with a floating share count of 180.49M. Insiders hold about 0.78% of the company’s shares, while institutions hold 46.81% stake in the company. Shares short for LEGN as of 1713139200 were 10983290 with a Short Ratio of 11.07, compared to 1710460800 on 10509813. Therefore, it implies a Short% of Shares Outstanding of 10983290 and a Short% of Float of 11.62.
