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.
As of close of business last night, Biohaven Ltd’s stock clocked out at $39.17, down -0.86% from its previous closing price of $39.51. In other words, the price has decreased by -$0.86 from its previous closing price. On the day, 0.68 million shares were traded. BHVN stock price reached its highest trading level at $40.32 during the session, while it also had its lowest trading level at $38.73.
Ratios:
To gain a deeper understanding of BHVN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.08.
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, Jefferies on September 16, 2024, initiated with a Buy rating and assigned the stock a target price of $57.
On September 04, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $55.
On July 24, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $58.Morgan Stanley initiated its Overweight rating on July 24, 2024, with a $58 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 30 ’24 when CHILDS JOHN W bought 29,000 shares for $35.94 per share. The transaction valued at 1,042,393 led to the insider holds 2,368,741 shares of the business.
CHILDS JOHN W bought 21,052 shares of BHVN for $999,970 on Oct 02 ’24. The Director now owns 21,052 shares after completing the transaction at $47.50 per share. On Oct 02 ’24, another insider, Coric Vlad, who serves as the Chief Executive Officer of the company, bought 21,052 shares for $47.50 each. As a result, the insider paid 999,970 and bolstered with 861,942 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, BHVN now has a Market Capitalization of 3960948480 and an Enterprise Value of 3607454464.
Stock Price History:
Over the past 52 weeks, BHVN has reached a high of $62.21, while it has fallen to a 52-week low of $26.80. The 50-Day Moving Average of the stock is -11.16%, while the 200-Day Moving Average is calculated to be -6.56%.
Shares Statistics:
It appears that BHVN traded 917.91K shares on average per day over the past three months and 936620 shares per day over the past ten days. A total of 94.90M shares are outstanding, with a floating share count of 88.59M. Insiders hold about 12.39% of the company’s shares, while institutions hold 86.44% stake in the company. Shares short for BHVN as of 1734048000 were 7746628 with a Short Ratio of 10.16, compared to 1731628800 on 7824873. Therefore, it implies a Short% of Shares Outstanding of 7746628 and a Short% of Float of 8.6.
