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After finishing at $139.14 in the prior trading day, Ascendis Pharma A/S ADR (NASDAQ: ASND) closed at $132.05, down -5.10%. In other words, the price has decreased by -$5.10 from its previous closing price. On the day, 0.94 million shares were traded. ASND stock price reached its highest trading level at $143.53 during the session, while it also had its lowest trading level at $131.73.
Ratios:
Our goal is to gain a better understanding of ASND by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.44 and its Current Ratio is at 0.74.
On June 25, 2024, TD Cowen Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $156 to $175.
On May 31, 2024, Stifel started tracking the stock assigning a Buy rating and target price of $200.Stifel initiated its Buy rating on May 31, 2024, with a $200 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, ASND now has a Market Capitalization of 7891360768 and an Enterprise Value of 7986977792. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.07. Its current Enterprise Value per Revenue stands at 25.146 whereas that against EBITDA is -23.004.
Stock Price History:
Over the past 52 weeks, ASND has reached a high of $161.00, while it has fallen to a 52-week low of $85.29. The 50-Day Moving Average of the stock is -2.48%, while the 200-Day Moving Average is calculated to be -4.04%.
Shares Statistics:
The stock has traded on average 592.04K shares per day over the past 3-months and 459500 shares per day over the last 10 days, according to various share statistics. A total of 56.61M shares are outstanding, with a floating share count of 56.61M. Insiders hold about 1.30% of the company’s shares, while institutions hold 105.69% stake in the company. Shares short for ASND as of 1726185600 were 3335395 with a Short Ratio of 5.63, compared to 1723680000 on 3693288. Therefore, it implies a Short% of Shares Outstanding of 3335395 and a Short% of Float of 8.33.
