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After finishing at $40.03 in the prior trading day, Legend Biotech Corp ADR (NASDAQ: LEGN) closed at $40.04, up 0.02%. In other words, the price has increased by $0.02 from its previous closing price. On the day, 1.54 million shares were traded. LEGN stock price reached its highest trading level at $40.75 during the session, while it also had its lowest trading level at $39.68.
Ratios:
Our goal is to gain a better understanding of LEGN by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.78 and its Current Ratio is at 4.84. In the meantime, Its Debt-to-Equity ratio is 0.29 whereas as Long-Term Debt/Eq ratio is at 0.29.
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:
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 Sep 25 ’24 when Huang Ying bought 1,504 shares for $44.10 per share.
Macomber Lori bought 90,060 shares of LEGN for $4,405,003 on Sep 20 ’24. On Sep 20 ’24, another insider, Yau Wai Man Philip, who serves as the Director of the company, bought 1,946 shares for $51.04 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 7378891776 and an Enterprise Value of 13715396608. For the stock, the TTM Price-to-Sale (P/S) ratio is 16.08 while its Price-to-Book (P/B) ratio in mrq is 6.33. Its current Enterprise Value per Revenue stands at 30.078 whereas that against EBITDA is -37.843.
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 $38.60. The 50-Day Moving Average of the stock is -15.17%, while the 200-Day Moving Average is calculated to be -22.28%.
Shares Statistics:
The stock has traded on average 1.10M shares per day over the past 3-months and 1599770 shares per day over the last 10 days, according to various share statistics. A total of 181.91M shares are outstanding, with a floating share count of 181.45M. Insiders hold about 0.94% of the company’s shares, while institutions hold 50.17% stake in the company. Shares short for LEGN as of 1728950400 were 11954714 with a Short Ratio of 10.91, compared to 1726185600 on 10470444. Therefore, it implies a Short% of Shares Outstanding of 11954714 and a Short% of Float of 12.34.
