Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
After finishing at $1.01 in the prior trading day, Enzo Biochem, Inc (NYSE: ENZ) closed at $0.70, down -30.69%. In other words, the price has decreased by -$30.69 from its previous closing price. On the day, 1.73 million shares were traded. ENZ stock price reached its highest trading level at $0.92 during the session, while it also had its lowest trading level at $0.6823.
Ratios:
Our goal is to gain a better understanding of ENZ by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.55. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, Rodman & Renshaw on October 18, 2011, Reiterated its Mkt Outperform rating but revised its target price to $5 from $7 previously.
On September 23, 2009, Rodman & Renshaw started tracking the stock assigning a Mkt Outperform rating and target price of $14.
On September 13, 2007, Lazard Capital started tracking the stock assigning a Buy rating and target price of $19.Lazard Capital initiated its Buy rating on September 13, 2007, with a $19 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ENZ now has a Market Capitalization of 36570868 and an Enterprise Value of 3904514. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.21 while its Price-to-Book (P/B) ratio in mrq is 0.77. Its current Enterprise Value per Revenue stands at 0.122 whereas that against EBITDA is -0.352.
Stock Price History:
Over the past 52 weeks, ENZ has reached a high of $1.37, while it has fallen to a 52-week low of $0.90. The 50-Day Moving Average of the stock is -31.88%, while the 200-Day Moving Average is calculated to be -32.50%.
Shares Statistics:
The stock has traded on average 107.80K shares per day over the past 3-months and 95660 shares per day over the last 10 days, according to various share statistics. A total of 52.24M shares are outstanding, with a floating share count of 36.26M. Insiders hold about 30.60% of the company’s shares, while institutions hold 24.21% stake in the company. Shares short for ENZ as of 1732838400 were 421877 with a Short Ratio of 3.91, compared to 1730332800 on 477483. Therefore, it implies a Short% of Shares Outstanding of 421877 and a Short% of Float of 0.8999999999999999.
