Market Recap Check: Zentalis Pharmaceuticals Inc (ZNTL)’s Negative Finish at 2.83, Up/Down -8.71

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The price of Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) closed at $2.83 in the last session, down -8.71% from day before closing price of $3.10. In other words, the price has decreased by -$8.71 from its previous closing price. On the day, 1.24 million shares were traded. ZNTL stock price reached its highest trading level at $3.1 during the session, while it also had its lowest trading level at $2.82.

Ratios:

We take a closer look at ZNTL’s different ratios to gain a better understanding of the stock. 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:

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 Oct 04 ’24 when Vultaggio Vincent sold 1,603 shares for $3.18 per share. The transaction valued at 5,098 led to the insider holds 33,855 shares of the business.

Gallagher Cam sold 9,597 shares of ZNTL for $114,972 on May 31 ’24. The President, Interim CFO now owns 633,680 shares after completing the transaction at $11.98 per share. On May 09 ’24, another insider, HAUSMAN DIANA, who serves as the Chief Medical Officer of the company, sold 3,356 shares for $12.62 each. As a result, the insider received 42,353 and left with 373,876 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 236078320 and an Enterprise Value of -181122448. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.96 while its Price-to-Book (P/B) ratio in mrq is 0.53. Its current Enterprise Value per Revenue stands at -4.466 whereas that against EBITDA is 0.826.

Stock Price History:

Over the past 52 weeks, ZNTL has reached a high of $18.24, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -15.00%, while the 200-Day Moving Average is calculated to be -67.15%.

Shares Statistics:

According to the various share statistics, ZNTL traded on average about 1.79M shares per day over the past 3-months and 1183680 shares per day over the past 10 days. A total of 70.77M shares are outstanding, with a floating share count of 61.39M. Insiders hold about 13.67% of the company’s shares, while institutions hold 97.56% stake in the company. Shares short for ZNTL as of 1728950400 were 7658786 with a Short Ratio of 4.27, compared to 1726185600 on 11696892. Therefore, it implies a Short% of Shares Outstanding of 7658786 and a Short% of Float of 21.73.

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