Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
The closing price of Zura Bio Ltd (NASDAQ: ZURA) was $1.15 for the day, up 11.65% from the previous closing price of $1.03. In other words, the price has increased by $11.65 from its previous closing price. On the day, 0.73 million shares were traded. ZURA stock price reached its highest trading level at $1.26 during the session, while it also had its lowest trading level at $0.99.
Ratios:
Our analysis of ZURA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 9.16 and its Current Ratio is at 9.16. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Leerink Partners on November 04, 2024, initiated with a Outperform rating and assigned the stock a target price of $15.
On September 05, 2024, H.C. Wainwright started tracking the stock assigning a Neutral rating and target price of $5.
On May 03, 2024, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $26.Piper Sandler initiated its Overweight rating on May 03, 2024, with a $26 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 Nov 25 ’24 when Thiara Parvinder sold 1,001,633 shares for $2.73 per share. The transaction valued at 2,734,458 led to the insider holds 0 shares of the business.
Thiara Parvinder sold 3,800,000 shares of ZURA for $10,260,000 on Sep 11 ’24. The Director now owns 1,001,633 shares after completing the transaction at $2.70 per share. On Sep 04 ’24, another insider, Sidhu Someit, who serves as the Director of the company, sold 51,728 shares for $3.87 each. As a result, the insider received 200,187 and left with 2,085,418 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, ZURA now has a Market Capitalization of 78631248 and an Enterprise Value of -92867752.
Stock Price History:
The Beta on a monthly basis for ZURA is 0.23, which has changed by -0.58483756 over the last 52 weeks, in comparison to a change of -0.028342128 over the same period for the S&P500. Over the past 52 weeks, ZURA has reached a high of $6.35, while it has fallen to a 52-week low of $0.97. The 50-Day Moving Average of the stock is -17.37%, while the 200-Day Moving Average is calculated to be -61.09%.
Shares Statistics:
ZURA traded an average of 361.12K shares per day over the past three months and 418660 shares per day over the past ten days. A total of 65.30M shares are outstanding, with a floating share count of 46.35M. Insiders hold about 32.21% of the company’s shares, while institutions hold 55.58% stake in the company. Shares short for ZURA as of 1741910400 were 5306073 with a Short Ratio of 14.69, compared to 1739491200 on 5126526. Therefore, it implies a Short% of Shares Outstanding of 5306073 and a Short% of Float of 9.810001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
