Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
In the latest session, Wave Life Sciences Ltd (NASDAQ: WVE) closed at $15.10 up 0.73% from its previous closing price of $14.99. In other words, the price has increased by $0.73 from its previous closing price. On the day, 0.62 million shares were traded. WVE stock price reached its highest trading level at $15.29 during the session, while it also had its lowest trading level at $14.75.
Ratios:
For a deeper understanding of Wave Life Sciences Ltd’s stock, let’s take a closer look at its various 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:
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 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 2303052032 and an Enterprise Value of 2027144576. For the stock, the TTM Price-to-Sale (P/S) ratio is 43.27 while its Price-to-Book (P/B) ratio in mrq is 15.82. Its current Enterprise Value per Revenue stands at 37.813 whereas that against EBITDA is -13.699.
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 22.68%, while the 200-Day Moving Average is calculated to be 105.46%.
Shares Statistics:
For the past three months, WVE has traded an average of 1.86M shares per day and 1086050 over the past ten days. A total of 119.16M shares are outstanding, with a floating share count of 118.14M. Insiders hold about 22.54% of the company’s shares, while institutions hold 73.91% stake in the company. Shares short for WVE as of 1731628800 were 6449275 with a Short Ratio of 3.47, compared to 1728950400 on 4891980. Therefore, it implies a Short% of Shares Outstanding of 6449275 and a Short% of Float of 7.28.
