Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.
Zura Bio Ltd (NASDAQ: ZURA) closed the day trading at $2.16 down -10.17% from the previous closing price of $2.41. In other words, the price has decreased by -$10.17 from its previous closing price. On the day, 0.32 million shares were traded. ZURA stock price reached its highest trading level at $2.42 during the session, while it also had its lowest trading level at $2.16.
Ratios:
For a better understanding of ZURA, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.36 and its Current Ratio is at 10.36. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Leerink Partners on November 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $15.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $5.
On May 03, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $26.Piper Sandler initiated its Overweight rating on May 03, 2024, with a $26 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 Nov 25 ’24 when Thiara Parvinder sold 1,001,633 shares for $2.73 per share. The transaction valued at 2,734,458 led to the insider holds 0 shares of the business.
Thiara Parvinder sold 3,800,000 shares of ZURA for $10,260,000 on Sep 11 ’24. The Director now owns 1,001,633 shares after completing the transaction at $2.70 per share. On Sep 04 ’24, another insider, Sidhu Someit, who serves as the Director of the company, sold 51,728 shares for $3.87 each. As a result, the insider received 200,187 and left with 2,085,418 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, ZURA now has a Market Capitalization of 141360432 and an Enterprise Value of -29079508.
Stock Price History:
The Beta on a monthly basis for ZURA is 0.04, which has changed by -0.44910944 over the last 52 weeks, in comparison to a change of 0.23806548 over the same period for the S&P500. Over the past 52 weeks, ZURA has reached a high of $6.35, while it has fallen to a 52-week low of $2.00. The 50-Day Moving Average of the stock is -31.04%, while the 200-Day Moving Average is calculated to be -41.91%.
Shares Statistics:
Over the past 3-months, ZURA traded about 459.18K shares per day on average, while over the past 10 days, ZURA traded about 574540 shares per day. A total of 65.29M shares are outstanding, with a floating share count of 47.09M. Insiders hold about 27.89% of the company’s shares, while institutions hold 53.61% stake in the company. Shares short for ZURA as of 1734048000 were 5012344 with a Short Ratio of 10.92, compared to 1731628800 on 4956033. Therefore, it implies a Short% of Shares Outstanding of 5012344 and a Short% of Float of 9.26.
