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Biohaven Ltd (NYSE: BHVN) closed the day trading at $34.71 down -4.35% from the previous closing price of $36.29. In other words, the price has decreased by -$4.35 from its previous closing price. On the day, 0.93 million shares were traded. BHVN stock price reached its highest trading level at $37.05 during the session, while it also had its lowest trading level at $34.62.
Ratios:
For a better understanding of BHVN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.03 and its Current Ratio is at 4.03. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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, RBC Capital Mkts on February 16, 2024, initiated with a Outperform rating and assigned the stock a target price of $62.
On February 06, 2024, UBS started tracking the stock assigning a Buy rating and target price of $59.
On December 22, 2023, H.C. Wainwright started tracking the stock assigning a Buy rating and target price of $50.H.C. Wainwright initiated its Buy rating on December 22, 2023, with a $50 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jun 17 ’24 when Car Bruce bought 30,000 shares for $33.58 per share. The transaction valued at 1,007,490 led to the insider holds 30,000 shares of the business.
CHILDS JOHN W bought 28,000 shares of BHVN for $996,240 on May 30 ’24. The Director now owns 2,311,341 shares after completing the transaction at $35.58 per share. On May 13 ’24, another insider, CHILDS JOHN W, who serves as the Director of the company, bought 28,500 shares for $35.17 each. As a result, the insider paid 1,002,470 and bolstered with 2,283,341 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 3064611840 and an Enterprise Value of 2811725056.
Stock Price History:
The Beta on a monthly basis for BHVN is 4.12, which has changed by 0.3643868 over the last 52 weeks, in comparison to a change of 0.22226071 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 $16.45. The 50-Day Moving Average of the stock is -3.30%, while the 200-Day Moving Average is calculated to be -12.45%.
Shares Statistics:
Over the past 3-months, BHVN traded about 1.36M shares per day on average, while over the past 10 days, BHVN traded about 917600 shares per day. A total of 81.12M shares are outstanding, with a floating share count of 76.29M. Insiders hold about 13.60% of the company’s shares, while institutions hold 84.55% stake in the company. Shares short for BHVN as of 1719532800 were 9850534 with a Short Ratio of 7.23, compared to 1717113600 on 9825335. Therefore, it implies a Short% of Shares Outstanding of 9850534 and a Short% of Float of 12.76.
