Financial Health Report: Zomedica Corp (ZOM)’s Ratios Tell a Tale

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Zomedica Corp (AMEX: ZOM) closed the day trading at $0.12 down -0.25% from the previous closing price of $0.12. In other words, the price has decreased by -$0.25 from its previous closing price. On the day, 3.35 million shares were traded. ZOM stock price reached its highest trading level at $0.1219 during the session, while it also had its lowest trading level at $0.12.

Ratios:

For a better understanding of ZOM, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.15 and its Current Ratio is at 10.82. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

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, Dawson James on January 06, 2023, initiated with a Buy rating and assigned the stock a target price of $6.

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 Nov 08 ’24 when Blair Anthony K bought 150,000 shares for $0.12 per share. The transaction valued at 18,450 led to the insider holds 400,000 shares of the business.

POWERS JOHNNY D bought 100,000 shares of ZOM for $12,100 on Nov 11 ’24. The Director now owns 2,425,000 shares after completing the transaction at $0.12 per share. On Nov 11 ’24, another insider, HEATON LARRY C II, who serves as the CEO of the company, bought 100,000 shares for $0.12 each. As a result, the insider paid 12,200 and bolstered with 500,000 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ZOM now has a Market Capitalization of 119357912 and an Enterprise Value of 42043876. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.47 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at 1.612 whereas that against EBITDA is -1.43.

Stock Price History:

The Beta on a monthly basis for ZOM is 1.03, which has changed by -0.08270675 over the last 52 weeks, in comparison to a change of 0.23095727 over the same period for the S&P500. Over the past 52 weeks, ZOM has reached a high of $0.20, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -4.38%, while the 200-Day Moving Average is calculated to be -11.60%.

Shares Statistics:

Over the past 3-months, ZOM traded about 6.68M shares per day on average, while over the past 10 days, ZOM traded about 3818760 shares per day. A total of 979.95M shares are outstanding, with a floating share count of 962.66M. Insiders hold about 1.76% of the company’s shares, while institutions hold 8.28% stake in the company. Shares short for ZOM as of 1728950400 were 51140313 with a Short Ratio of 6.71, compared to 1726185600 on 43371169. Therefore, it implies a Short% of Shares Outstanding of 51140313 and a Short% of Float of 5.21.

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