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Ascendis Pharma A/S ADR (NASDAQ: ASND) closed the day trading at $128.87 down -1.12% from the previous closing price of $130.33. In other words, the price has decreased by -$1.12 from its previous closing price. On the day, 0.53 million shares were traded. ASND stock price reached its highest trading level at $130.52 during the session, while it also had its lowest trading level at $128.63.
Ratios:
For a better understanding of ASND, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.74.
On June 25, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $156 to $175.
On May 31, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $200.Stifel initiated its Buy rating on May 31, 2024, with a $200 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, ASND now has a Market Capitalization of 7701322240 and an Enterprise Value of 7804605952. For the stock, the TTM Price-to-Sale (P/S) ratio is 21.54. Its current Enterprise Value per Revenue stands at 24.572 whereas that against EBITDA is -22.479.
Stock Price History:
Over the past 52 weeks, ASND has reached a high of $161.00, while it has fallen to a 52-week low of $85.29. The 50-Day Moving Average of the stock is -4.62%, while the 200-Day Moving Average is calculated to be -6.40%.
Shares Statistics:
Over the past 3-months, ASND traded about 612.75K shares per day on average, while over the past 10 days, ASND traded about 502630 shares per day. A total of 56.61M shares are outstanding, with a floating share count of 56.61M. Insiders hold about 1.30% of the company’s shares, while institutions hold 105.69% stake in the company. Shares short for ASND as of 1727654400 were 3220873 with a Short Ratio of 5.26, compared to 1724976000 on 3524947. Therefore, it implies a Short% of Shares Outstanding of 3220873 and a Short% of Float of 7.59.
