Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Upstream Bio Inc (NASDAQ: UPB) was $16.19 for the day, up 0.12% from the previous closing price of $16.17. In other words, the price has increased by $0.12 from its previous closing price. On the day, 0.12 million shares were traded. UPB stock price reached its highest trading level at $16.24 during the session, while it also had its lowest trading level at $15.6.
Ratios:
Our analysis of UPB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 20.90 and its Current Ratio is at 20.90. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
On November 05, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $75.Piper Sandler initiated its Overweight rating on November 05, 2024, with a $75 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Oct 15 ’24 when Chimovits Erez bought 825,000 shares for $17.00 per share. The transaction valued at 14,025,000 led to the insider holds 4,554,873 shares of the business.
ORBIMED ADVISORS LLC bought 825,000 shares of UPB for $14,025,000 on Oct 15 ’24. The Director now owns 4,554,873 shares after completing the transaction at $17.00 per share. On Oct 15 ’24, another insider, AI Upstream LLC, who serves as the 10% Owner of the company, bought 1,175,000 shares for $17.00 each. As a result, the insider paid 19,975,000 and bolstered with 1,175,000 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, UPB now has a Market Capitalization of 867728960 and an Enterprise Value of 1029884992. Its current Enterprise Value per Revenue stands at 466.645 whereas that against EBITDA is -15.67.
Stock Price History:
Over the past 52 weeks, UPB has reached a high of $29.46, while it has fallen to a 52-week low of $14.97. The 50-Day Moving Average of the stock is -24.12%, while the 200-Day Moving Average is calculated to be -25.99%.
Shares Statistics:
UPB traded an average of 396.52K shares per day over the past three months and 194880 shares per day over the past ten days. A total of 53.60M shares are outstanding, with a floating share count of 15.86M. Insiders hold about 70.41% of the company’s shares, while institutions hold 8.02% stake in the company. Shares short for UPB as of 1734048000 were 1205876 with a Short Ratio of 3.07, compared to 1731628800 on 1039477.
