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The closing price of Biohaven Ltd (NYSE: BHVN) was $48.57 for the day, down -2.80% from the previous closing price of $49.97. In other words, the price has decreased by -$2.80 from its previous closing price. On the day, 2.46 million shares were traded. BHVN stock price reached its highest trading level at $50.5484 during the session, while it also had its lowest trading level at $47.64.
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, Jefferies on September 16, 2024, initiated with a Buy rating and assigned the stock a target price of $57.
On September 04, 2024, Bernstein started tracking the stock assigning a Outperform rating and target price of $55.
On July 24, 2024, Morgan Stanley started tracking the stock assigning a Overweight rating and target price of $58.Morgan Stanley initiated its Overweight rating on July 24, 2024, with a $58 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 Sep 24 ’24 when Bailey Gregory bought 5,000 shares for $44.19 per share. The transaction valued at 220,966 led to the insider holds 1,620,071 shares of the business.
CHILDS JOHN W bought 28,400 shares of BHVN for $1,012,983 on Jul 18 ’24. The Director now owns 2,339,741 shares after completing the transaction at $35.67 per share. On Jun 17 ’24, another insider, Car Bruce, who serves as the Chief Scientific Officer of the company, bought 30,000 shares for $33.58 each. As a result, the insider paid 1,007,490 and bolstered with 30,000 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 4591919616 and an Enterprise Value of 4184712192.
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 $22.12. The 50-Day Moving Average of the stock is 22.20%, while the 200-Day Moving Average is calculated to be 14.54%.
Shares Statistics:
BHVN traded an average of 940.91K shares per day over the past three months and 1924390 shares per day over the past ten days. A total of 94.54M shares are outstanding, with a floating share count of 82.38M. Insiders hold about 12.86% of the company’s shares, while institutions hold 88.18% stake in the company. Shares short for BHVN as of 1726185600 were 9986800 with a Short Ratio of 10.61, compared to 1723680000 on 10289676. Therefore, it implies a Short% of Shares Outstanding of 9986800 and a Short% of Float of 11.959999999999999.
