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.
The closing price of Biohaven Ltd (NYSE: BHVN) was $37.48 for the day, up 2.07% from the previous closing price of $36.72. In other words, the price has increased by $2.07 from its previous closing price. On the day, 1.09 million shares were traded. BHVN stock price reached its highest trading level at $37.6 during the session, while it also had its lowest trading level at $34.2.
Ratios:
Our analysis of BHVN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Jefferies on September 16, 2024, initiated with a Buy rating and assigned the stock a target price of $57.
On September 04, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $55.
On July 24, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $58.Morgan Stanley initiated its Overweight rating on July 24, 2024, with a $58 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 Dec 30 ’24 when CHILDS JOHN W bought 29,000 shares for $35.94 per share. The transaction valued at 1,042,393 led to the insider holds 2,368,741 shares of the business.
CHILDS JOHN W bought 21,052 shares of BHVN for $999,970 on Oct 02 ’24. The Director now owns 21,052 shares after completing the transaction at $47.50 per share. On Oct 02 ’24, another insider, Coric Vlad, who serves as the Chief Executive Officer of the company, bought 21,052 shares for $47.50 each. As a result, the insider paid 999,970 and bolstered with 861,942 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, BHVN now has a Market Capitalization of 3790052608 and an Enterprise Value of 3436557824.
Stock Price History:
The Beta on a monthly basis for BHVN is 3.94, which has changed by -0.17668164 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, BHVN has reached a high of $62.21, while it has fallen to a 52-week low of $26.80. The 50-Day Moving Average of the stock is -13.88%, while the 200-Day Moving Average is calculated to be -10.19%.
Shares Statistics:
BHVN traded an average of 912.46K shares per day over the past three months and 1022960 shares per day over the past ten days. A total of 94.90M shares are outstanding, with a floating share count of 88.58M. Insiders hold about 12.40% of the company’s shares, while institutions hold 86.44% stake in the company. Shares short for BHVN as of 1734048000 were 7746628 with a Short Ratio of 8.49, compared to 1731628800 on 7824873. Therefore, it implies a Short% of Shares Outstanding of 7746628 and a Short% of Float of 8.6.
