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Wave Life Sciences Ltd (NASDAQ: WVE) closed the day trading at $13.45 up 0.07% from the previous closing price of $13.44. In other words, the price has increased by $0.07 from its previous closing price. On the day, 0.84 million shares were traded. WVE stock price reached its highest trading level at $13.84 during the session, while it also had its lowest trading level at $13.3.
Ratios:
For a better understanding of WVE, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.13.
On September 19, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $11.B. Riley Securities initiated its Buy rating on September 19, 2024, with a $11 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 BOLNO PAUL sold 50,000 shares for $15.00 per share. The transaction valued at 750,000 led to the insider holds 217,351 shares of the business.
PAUL BOLNO bought 50,000 shares of WVE for $750,000 on Nov 25 ’24. On Nov 15 ’24, another insider, BOLNO PAUL, who serves as the President and CEO of the company, sold 51,234 shares for $14.32 each. As a result, the insider received 733,671 and left with 217,351 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, WVE now has a Market Capitalization of 2051393920 and an Enterprise Value of 1775486848. For the stock, the TTM Price-to-Sale (P/S) ratio is 37.13 while its Price-to-Book (P/B) ratio in mrq is 14.09. Its current Enterprise Value per Revenue stands at 33.119 whereas that against EBITDA is -11.998.
Stock Price History:
Over the past 52 weeks, WVE has reached a high of $16.74, while it has fallen to a 52-week low of $3.50. The 50-Day Moving Average of the stock is -2.29%, while the 200-Day Moving Average is calculated to be 70.20%.
Shares Statistics:
Over the past 3-months, WVE traded about 1.92M shares per day on average, while over the past 10 days, WVE traded about 975180 shares per day. A total of 148.39M shares are outstanding, with a floating share count of 117.59M. Insiders hold about 22.90% of the company’s shares, while institutions hold 73.94% stake in the company. Shares short for WVE as of 1732838400 were 6925870 with a Short Ratio of 3.61, compared to 1730332800 on 6820932. Therefore, it implies a Short% of Shares Outstanding of 6925870 and a Short% of Float of 7.8200005.
