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After finishing at $134.00 in the prior trading day, Ascendis Pharma A/S ADR (NASDAQ: ASND) closed at $135.98, up 1.48%. In other words, the price has increased by $1.48 from its previous closing price. On the day, 0.5 million shares were traded. ASND stock price reached its highest trading level at $137.335 during the session, while it also had its lowest trading level at $134.735.
Ratios:
Our goal is to gain a better understanding of ASND by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.50 and its Current Ratio is at 3.56.
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 December 20, 2023, initiated with a Buy rating and assigned the stock a target price of $150.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ASND now has a Market Capitalization of 7698425856 and an Enterprise Value of 8083760128. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.73. Its current Enterprise Value per Revenue stands at 24.569 whereas that against EBITDA is -22.802.
Stock Price History:
Over the past 52 weeks, ASND has reached a high of $161.00, while it has fallen to a 52-week low of $83.75. The 50-Day Moving Average of the stock is -7.07%, while the 200-Day Moving Average is calculated to be 15.83%.
Shares Statistics:
The stock has traded on average 339.13K shares per day over the past 3-months and 327920 shares per day over the last 10 days, according to various share statistics. A total of 56.61M shares are outstanding, with a floating share count of 55.87M. Insiders hold about 1.31% of the company’s shares, while institutions hold 106.77% stake in the company. Shares short for ASND as of 1713139200 were 3600153 with a Short Ratio of 10.62, compared to 1710460800 on 2943245. Therefore, it implies a Short% of Shares Outstanding of 3600153 and a Short% of Float of 9.16.
