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After finishing at $12.52 in the prior trading day, Zymeworks BC Inc (NASDAQ: ZYME) closed at $13.05, up 4.23%. In other words, the price has increased by $4.23 from its previous closing price. On the day, 0.6 million shares were traded. ZYME stock price reached its highest trading level at $13.14 during the session, while it also had its lowest trading level at $12.55.
Ratios:
Our goal is to gain a better understanding of ZYME by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.01 and its Current Ratio is at 7.01. In the meantime, Its Debt-to-Equity ratio is 0.05 whereas as Long-Term Debt/Eq ratio is at 0.04.
On January 04, 2023, H.C. Wainwright reiterated its Neutral rating and also upped its target price recommendation from $10 to $8.
Jefferies Upgraded its Hold to Buy on December 20, 2022, whereas the target price for the stock was revised from $7.70 to $11.
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 Jan 05 ’24 when Galbraith Kenneth sold 18,198 shares for $10.65 per share. The transaction valued at 193,849 led to the insider holds 29,468 shares of the business.
Galbraith Kenneth sold 5,706 shares of ZYME for $63,996 on Jan 08 ’24. The Chair & CEO now owns 23,762 shares after completing the transaction at $11.22 per share. On Jan 05 ’24, another insider, Astle Christopher, who serves as the SVP & Chief Financial Officer of the company, sold 4,563 shares for $10.65 each. As a result, the insider received 48,606 and left with 7,934 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, ZYME now has a Market Capitalization of 927168576 and an Enterprise Value of 617110464. For the stock, the TTM Price-to-Sale (P/S) ratio is 14.90 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 9.841 whereas that against EBITDA is -5.341.
Stock Price History:
Over the past 52 weeks, ZYME has reached a high of $13.14, while it has fallen to a 52-week low of $6.01. The 50-Day Moving Average of the stock is 20.17%, while the 200-Day Moving Average is calculated to be 28.94%.
Shares Statistics:
The stock has traded on average 699.08K shares per day over the past 3-months and 778050 shares per day over the last 10 days, according to various share statistics. A total of 70.12M shares are outstanding, with a floating share count of 69.67M. Insiders hold about 2.72% of the company’s shares, while institutions hold 96.31% stake in the company. Shares short for ZYME as of 1724976000 were 4208316 with a Short Ratio of 6.02, compared to 1722384000 on 3452695. Therefore, it implies a Short% of Shares Outstanding of 4208316 and a Short% of Float of 6.72.
