For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.
The closing price of Legend Biotech Corp ADR (NASDAQ: LEGN) was $32.77 for the day, down -2.35% from the previous closing price of $33.56. In other words, the price has decreased by -$2.35 from its previous closing price. On the day, 0.93 million shares were traded. LEGN stock price reached its highest trading level at $34.32 during the session, while it also had its lowest trading level at $32.63.
Ratios:
Our analysis of LEGN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 4.98. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
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, Redburn Atlantic on October 08, 2024, initiated with a Buy rating and assigned the stock a target price of $86.
On June 17, 2024, Truist started tracking the stock assigning a Buy rating and target price of $88.
H.C. Wainwright reiterated its Buy rating for the stock on May 24, 2024, while the target price for the stock was revised from $86 to $73.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 24 ’24 when Huang Ying bought 63,061 shares for $32.45 per share.
Macomber Lori bought 189 shares of LEGN for $6,134 on Dec 24 ’24. On Dec 02 ’24, another insider, Heyman Tomas J., who serves as the Director of the company, bought 4,366 shares for $43.31 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LEGN now has a Market Capitalization of 6011656704 and an Enterprise Value of 11157536768. For the stock, the TTM Price-to-Sale (P/S) ratio is 11.56 while its Price-to-Book (P/B) ratio in mrq is 5.39. Its current Enterprise Value per Revenue stands at 21.449 whereas that against EBITDA is -32.762.
Stock Price History:
Over the past 52 weeks, LEGN has reached a high of $70.13, while it has fallen to a 52-week low of $32.08. The 50-Day Moving Average of the stock is -15.41%, while the 200-Day Moving Average is calculated to be -30.00%.
Shares Statistics:
LEGN traded an average of 1.48M shares per day over the past three months and 1017110 shares per day over the past ten days. A total of 183.45M shares are outstanding, with a floating share count of 181.93M. Insiders hold about 0.83% of the company’s shares, while institutions hold 49.53% stake in the company. Shares short for LEGN as of 1734048000 were 22949167 with a Short Ratio of 15.53, compared to 1731628800 on 22905492. Therefore, it implies a Short% of Shares Outstanding of 22949167 and a Short% of Float of 23.889999.
