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After finishing at $0.13 in the prior trading day, Zomedica Corp (AMEX: ZOM) closed at $0.13, down -2.01%. In other words, the price has decreased by -$2.01 from its previous closing price. On the day, 3.21 million shares were traded. ZOM stock price reached its highest trading level at $0.13 during the session, while it also had its lowest trading level at $0.126.
Ratios:
Our goal is to gain a better understanding of ZOM by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.68 and its Current Ratio is at 11.39. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.01.
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, Dawson James on January 06, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
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 Sep 05 ’24 when HEATON LARRY C II bought 100,000 shares for $0.12 per share. The transaction valued at 12,500 led to the insider holds 400,000 shares of the business.
POWERS JOHNNY D bought 100,000 shares of ZOM for $12,900 on Aug 28 ’24. The Director now owns 2,325,000 shares after completing the transaction at $0.13 per share. On Aug 20 ’24, another insider, Blair Anthony K, who serves as the COO of the company, bought 100,000 shares for $0.14 each. As a result, the insider paid 14,200 and bolstered with 250,000 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, ZOM now has a Market Capitalization of 129334272 and an Enterprise Value of 47237608. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.77 while its Price-to-Book (P/B) ratio in mrq is 0.60. Its current Enterprise Value per Revenue stands at 1.811 whereas that against EBITDA is -1.607.
Stock Price History:
Over the past 52 weeks, ZOM has reached a high of $0.23, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is -5.43%, while the 200-Day Moving Average is calculated to be -11.40%.
Shares Statistics:
The stock has traded on average 3.04M shares per day over the past 3-months and 2677680 shares per day over the last 10 days, according to various share statistics. A total of 979.95M shares are outstanding, with a floating share count of 962.51M. Insiders hold about 1.78% of the company’s shares, while institutions hold 8.59% stake in the company. Shares short for ZOM as of 1727654400 were 46060983 with a Short Ratio of 15.13, compared to 1724976000 on 49230921. Therefore, it implies a Short% of Shares Outstanding of 46060983 and a Short% of Float of 4.6899999999999995.
