Stock Market Recap: Zentalis Pharmaceuticals Inc (ZNTL) Concludes at 3.37, a 5.31 Surge/Decline

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After finishing at $3.20 in the prior trading day, Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) closed at $3.37, up 5.31%. In other words, the price has increased by $5.31 from its previous closing price. On the day, 1.22 million shares were traded. ZNTL stock price reached its highest trading level at $3.49 during the session, while it also had its lowest trading level at $3.09.

Ratios:

Our goal is to gain a better understanding of ZNTL by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 6.59 and its Current Ratio is at 6.59. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.

On June 20, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $28 to $5.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Oct 04 ’24 when Vultaggio Vincent sold 1,603 shares for $3.18 per share. The transaction valued at 5,098 led to the insider holds 33,855 shares of the business.

Gallagher Cam sold 9,597 shares of ZNTL for $114,972 on May 31 ’24. The President, Interim CFO now owns 633,680 shares after completing the transaction at $11.98 per share. On May 09 ’24, another insider, HAUSMAN DIANA, who serves as the Chief Medical Officer of the company, sold 3,356 shares for $12.62 each. As a result, the insider received 42,353 and left with 373,876 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, ZNTL now has a Market Capitalization of 239633952 and an Enterprise Value of -142724144. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.91 while its Price-to-Book (P/B) ratio in mrq is 0.63. Its current Enterprise Value per Revenue stands at -3.519 whereas that against EBITDA is 0.651.

Stock Price History:

Over the past 52 weeks, ZNTL has reached a high of $21.34, while it has fallen to a 52-week low of $2.83. The 50-Day Moving Average of the stock is -3.46%, while the 200-Day Moving Average is calculated to be -64.84%.

Shares Statistics:

The stock has traded on average 1.81M shares per day over the past 3-months and 1246540 shares per day over the last 10 days, according to various share statistics. A total of 70.77M shares are outstanding, with a floating share count of 61.38M. Insiders hold about 13.67% of the company’s shares, while institutions hold 100.02% stake in the company. Shares short for ZNTL as of 1726185600 were 11696892 with a Short Ratio of 6.48, compared to 1723680000 on 11570825. Therefore, it implies a Short% of Shares Outstanding of 11696892 and a Short% of Float of 33.19.

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