Ratios Reveal: Breaking Down Legend Biotech Corp ADR (LEGN)’s Financial Health

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Legend Biotech Corp ADR (NASDAQ: LEGN) closed the day trading at $47.06 up 1.88% from the previous closing price of $46.19. In other words, the price has increased by $1.88 from its previous closing price. On the day, 0.76 million shares were traded. LEGN stock price reached its highest trading level at $47.17 during the session, while it also had its lowest trading level at $45.52.

Ratios:

For a better understanding of LEGN, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.83 and its Current Ratio is at 6.92. In the meantime, Its Debt-to-Equity ratio is 0.26 whereas as Long-Term Debt/Eq ratio is at 0.26.

On April 03, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $82.

On March 13, 2024, Raymond James started tracking the stock assigning a Outperform rating and target price of $86.Raymond James initiated its Outperform rating on March 13, 2024, with a $86 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, LEGN now has a Market Capitalization of 8560732160 and an Enterprise Value of 15824896000. For the stock, the TTM Price-to-Sale (P/S) ratio is 30.02 while its Price-to-Book (P/B) ratio in mrq is 6.84. Its current Enterprise Value per Revenue stands at 55.498 whereas that against EBITDA is -36.673.

Stock Price History:

Over the past 52 weeks, LEGN has reached a high of $77.32, while it has fallen to a 52-week low of $45.68. The 50-Day Moving Average of the stock is -20.80%, while the 200-Day Moving Average is calculated to be -25.94%.

Shares Statistics:

Over the past 3-months, LEGN traded about 1.00M shares per day on average, while over the past 10 days, LEGN traded about 1080680 shares per day. A total of 181.91M shares are outstanding, with a floating share count of 180.50M. Insiders hold about 0.78% of the company’s shares, while institutions hold 46.94% stake in the company. Shares short for LEGN as of 1711584000 were 9994850 with a Short Ratio of 9.96, compared to 1709164800 on 10255962. Therefore, it implies a Short% of Shares Outstanding of 9994850 and a Short% of Float of 10.58.

Earnings Estimates

The dynamic stock of Legend Biotech Corp ADR (LEGN) is currently being evaluated by a team of VEGN analysts, each contributing to its current rating.The consensus estimate for the next quarter is $900.16, with high estimates of $151.57 and low estimates of $18.26.

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