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The price of Inozyme Pharma Inc (NASDAQ: INZY) closed at $2.57 in the last session, up 3.63% from day before closing price of $2.48. In other words, the price has increased by $3.63 from its previous closing price. On the day, 0.6 million shares were traded. INZY stock price reached its highest trading level at $2.62 during the session, while it also had its lowest trading level at $2.385.
Ratios:
We take a closer look at INZY’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.68 and its Current Ratio is at 7.68. In the meantime, Its Debt-to-Equity ratio is 0.57 whereas as Long-Term Debt/Eq ratio is at 0.51.
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, Stifel on September 12, 2024, initiated with a Buy rating and assigned the stock a target price of $16.
On May 30, 2024, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $14.Wells Fargo initiated its Overweight rating on May 30, 2024, with a $14 target price.
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 Apr 02 ’24 when Treco Douglas A sold 7,523 shares for $6.94 per share. The transaction valued at 52,210 led to the insider holds 20,665 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, INZY now has a Market Capitalization of 165097312 and an Enterprise Value of 80281312.
Stock Price History:
Over the past 52 weeks, INZY has reached a high of $7.80, while it has fallen to a 52-week low of $2.47. The 50-Day Moving Average of the stock is -37.96%, while the 200-Day Moving Average is calculated to be -48.06%.
Shares Statistics:
According to the various share statistics, INZY traded on average about 382.39K shares per day over the past 3-months and 1044710 shares per day over the past 10 days. A total of 64.18M shares are outstanding, with a floating share count of 43.50M. Insiders hold about 32.28% of the company’s shares, while institutions hold 63.27% stake in the company. Shares short for INZY as of 1731628800 were 3313850 with a Short Ratio of 8.67, compared to 1728950400 on 3211598. Therefore, it implies a Short% of Shares Outstanding of 3313850 and a Short% of Float of 5.58.
