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The price of Azenta Inc (NASDAQ: AZTA) closed at $52.82 in the last session, up 4.53% from day before closing price of $50.53. In other words, the price has increased by $4.53 from its previous closing price. On the day, 0.73 million shares were traded. AZTA stock price reached its highest trading level at $53.26 during the session, while it also had its lowest trading level at $51.725.
Ratios:
We take a closer look at AZTA’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.45 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 51.81. For the most recent quarter (mrq), Quick Ratio is recorded 5.26 and its Current Ratio is at 5.86. In the meantime, Its Debt-to-Equity ratio is 0.03 whereas as Long-Term Debt/Eq ratio is at 0.03.
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 April 04, 2024, initiated with a Hold rating and assigned the stock a target price of $64.
On February 01, 2024, B. Riley Securities reiterated its Buy rating and also lowered its target price recommendation from $61 to $79.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Aug 11 ’23 when Gray David C sold 10,877 shares for $56.03 per share. The transaction valued at 609,438 led to the insider holds 77,042 shares of the business.
Gray David C sold 4,311 shares of AZTA for $246,762 on Aug 10 ’23. The Chief Strategy & New Business now owns 87,919 shares after completing the transaction at $57.24 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AZTA now has a Market Capitalization of 2847996160 and an Enterprise Value of 2100463104. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.37 while its Price-to-Book (P/B) ratio in mrq is 1.30. Its current Enterprise Value per Revenue stands at 3.223 whereas that against EBITDA is 133.736.
Stock Price History:
The Beta on a monthly basis for AZTA is 1.50, which has changed by 0.17143488 over the last 52 weeks, in comparison to a change of 0.23951602 over the same period for the S&P500. Over the past 52 weeks, AZTA has reached a high of $69.16, while it has fallen to a 52-week low of $43.43. The 50-Day Moving Average of the stock is 0.17%, while the 200-Day Moving Average is calculated to be -6.89%.
Shares Statistics:
According to the various share statistics, AZTA traded on average about 508.28K shares per day over the past 3-months and 519800 shares per day over the past 10 days. A total of 57.83M shares are outstanding, with a floating share count of 52.85M. Insiders hold about 1.99% of the company’s shares, while institutions hold 105.91% stake in the company. Shares short for AZTA as of 1718323200 were 4664707 with a Short Ratio of 9.02, compared to 1715731200 on 4657270. Therefore, it implies a Short% of Shares Outstanding of 4664707 and a Short% of Float of 12.1199995.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 0.83.
