Investors with the goal of beating the broader market often turn to stock selection. Strategic choices in individual stocks can have a profound impact on your wealth.
As of close of business last night, Legend Biotech Corp ADR’s stock clocked out at $38.92, up 0.44% from its previous closing price of $38.75. In other words, the price has increased by $0.44 from its previous closing price. On the day, 0.96 million shares were traded.
Ratios:
To gain a deeper understanding of LEGN’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.90 and its Current Ratio is at 4.98. In the meantime, Its Debt-to-Equity ratio is 0.31 whereas as Long-Term Debt/Eq ratio is at 0.31.
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:
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 Jan 10 ’25 when Macomber Lori bought 2,254 shares for $32.19 per share.
Huang Ying bought 63,061 shares of LEGN for $2,046,512 on Dec 24 ’24. On Dec 24 ’24, another insider, Macomber Lori, who serves as the Officer of the company, bought 189 shares for $32.45 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 13.73 while its Price-to-Book (P/B) ratio in mrq is 6.40.
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 $30.17. The 50-Day Moving Average of the stock is 9.97%, while the 200-Day Moving Average is calculated to be -12.88%.
Shares Statistics:
A total of 183.45M shares are outstanding, with a floating share count of 180.92M. Insiders hold about 1.38% of the company’s shares, while institutions hold 53.45% stake in the company.
