Market Update: Upstream Bio Inc (UPB) Sees Negative Movement, Closing at 13.70

Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.

In the latest session, Upstream Bio Inc (NASDAQ: UPB) closed at $13.70 down -15.38% from its previous closing price of $16.19. In other words, the price has decreased by -$15.38 from its previous closing price. On the day, 0.56 million shares were traded. UPB stock price reached its highest trading level at $15.795 during the session, while it also had its lowest trading level at $13.42.

Ratios:

For a deeper understanding of Upstream Bio Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 20.90 and its Current Ratio is at 20.90. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.

On November 05, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $75.Piper Sandler initiated its Overweight rating on November 05, 2024, with a $75 target price.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 15 ’24 when Chimovits Erez bought 825,000 shares for $17.00 per share. The transaction valued at 14,025,000 led to the insider holds 4,554,873 shares of the business.

ORBIMED ADVISORS LLC bought 825,000 shares of UPB for $14,025,000 on Oct 15 ’24. The Director now owns 4,554,873 shares after completing the transaction at $17.00 per share. On Oct 15 ’24, another insider, AI Upstream LLC, who serves as the 10% Owner of the company, bought 1,175,000 shares for $17.00 each. As a result, the insider paid 19,975,000 and bolstered with 1,175,000 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, UPB now has a Market Capitalization of 734273408 and an Enterprise Value of 896429440. Its current Enterprise Value per Revenue stands at 406.176 whereas that against EBITDA is -13.64.

Stock Price History:

Over the past 52 weeks, UPB has reached a high of $29.46, while it has fallen to a 52-week low of $14.97. The 50-Day Moving Average of the stock is -35.15%, while the 200-Day Moving Average is calculated to be -36.99%.

Shares Statistics:

For the past three months, UPB has traded an average of 392.03K shares per day and 234560 over the past ten days. A total of 53.60M shares are outstanding, with a floating share count of 15.86M. Insiders hold about 70.41% of the company’s shares, while institutions hold 8.02% stake in the company. Shares short for UPB as of 1734048000 were 1205876 with a Short Ratio of 5.87, compared to 1731628800 on 1039477.

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