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The closing price of Biohaven Ltd (NYSE: BHVN) was $38.58 for the day, down -1.76% from the previous closing price of $39.27. In other words, the price has decreased by -$1.76 from its previous closing price. On the day, 0.54 million shares were traded. BHVN stock price reached its highest trading level at $39.09 during the session, while it also had its lowest trading level at $37.5514.
Ratios:
Our analysis of BHVN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.27 and its Current Ratio is at 3.27. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Morgan Stanley on July 24, 2024, initiated with a Overweight rating and assigned the stock a target price of $58.
On February 16, 2024, RBC Capital Mkts started tracking the stock assigning a Outperform rating and target price of $62.
On February 06, 2024, UBS started tracking the stock assigning a Buy rating and target price of $59.UBS initiated its Buy rating on February 06, 2024, with a $59 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jul 18 ’24 when CHILDS JOHN W bought 28,400 shares for $35.67 per share. The transaction valued at 1,012,983 led to the insider holds 2,339,741 shares of the business.
Car Bruce bought 30,000 shares of BHVN for $1,007,490 on Jun 17 ’24. The Chief Scientific Officer now owns 30,000 shares after completing the transaction at $33.58 per share. On May 30 ’24, another insider, CHILDS JOHN W, who serves as the Director of the company, bought 28,000 shares for $35.58 each. As a result, the insider paid 996,240 and bolstered with 2,311,341 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, BHVN now has a Market Capitalization of 3647442176 and an Enterprise Value of 3240235008.
Stock Price History:
Over the past 52 weeks, BHVN has reached a high of $62.21, while it has fallen to a 52-week low of $16.45. The 50-Day Moving Average of the stock is 7.05%, while the 200-Day Moving Average is calculated to be -5.54%.
Shares Statistics:
BHVN traded an average of 1.14M shares per day over the past three months and 719110 shares per day over the past ten days. A total of 94.54M shares are outstanding, with a floating share count of 81.46M. Insiders hold about 13.60% of the company’s shares, while institutions hold 90.93% stake in the company. Shares short for BHVN as of 1722384000 were 9791867 with a Short Ratio of 8.63, compared to 1719532800 on 9850534. Therefore, it implies a Short% of Shares Outstanding of 9791867 and a Short% of Float of 12.049999999999999.
