Market Insight: Zentalis Pharmaceuticals Inc (ZNTL)’s Notable Drop, Closing at 3.18

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In the latest session, Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) closed at $3.18 down -0.31% from its previous closing price of $3.19. In other words, the price has decreased by -$0.31 from its previous closing price. On the day, 0.67 million shares were traded. ZNTL stock price reached its highest trading level at $3.26 during the session, while it also had its lowest trading level at $3.085.

Ratios:

For a deeper understanding of Zentalis Pharmaceuticals Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.59 and its Current Ratio is at 6.59. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.

On June 20, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $28 to $5.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 31 ’24 when Gallagher Cam sold 9,597 shares for $11.98 per share. The transaction valued at 114,972 led to the insider holds 633,680 shares of the business.

HAUSMAN DIANA sold 3,356 shares of ZNTL for $42,353 on May 09 ’24. The Chief Medical Officer now owns 373,876 shares after completing the transaction at $12.62 per share. On Feb 12 ’24, another insider, Epperly Melissa B,, who serves as the Chief Financial Officer of the company, sold 2,573 shares for $11.44 each. As a result, the insider received 29,435 and left with 451,449 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, ZNTL now has a Market Capitalization of 226834496 and an Enterprise Value of -156234672. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.58 while its Price-to-Book (P/B) ratio in mrq is 0.59. Its current Enterprise Value per Revenue stands at -3.852 whereas that against EBITDA is 0.713.

Stock Price History:

Over the past 52 weeks, ZNTL has reached a high of $27.51, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -23.05%, while the 200-Day Moving Average is calculated to be -70.32%.

Shares Statistics:

For the past three months, ZNTL has traded an average of 1.48M shares per day and 752150 over the past ten days. A total of 70.77M shares are outstanding, with a floating share count of 61.32M. Insiders hold about 13.77% of the company’s shares, while institutions hold 100.05% stake in the company. Shares short for ZNTL as of 1722384000 were 11314044 with a Short Ratio of 7.65, compared to 1719532800 on 9618824. Therefore, it implies a Short% of Shares Outstanding of 11314044 and a Short% of Float of 32.11.

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