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.
As of close of business last night, Wave Life Sciences Ltd’s stock clocked out at $10.36, down -1.15% from its previous closing price of $10.48. In other words, the price has decreased by -$1.15 from its previous closing price. On the day, 1.14 million shares were traded.
Ratios:
To gain a deeper understanding of WVE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.13.
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 Feb-26-25, initiated with a Buy rating and assigned the stock a target price of $26.
On October 16, 2024, Raymond James Upgraded its rating to Strong Buy which previously was Outperform but kept the price unchanged to $22.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when BOLNO PAUL sold 50,000 shares for $15.00 per share. The transaction valued at 750,000 led to the insider holds 217,351 shares of the business.
PAUL BOLNO bought 50,000 shares of WVE for $750,000 on Nov 25 ’24. On Nov 15 ’24, another insider, BOLNO PAUL, who serves as the President and CEO of the company, sold 51,234 shares for $14.32 each. As a result, the insider received 733,671 and left with 217,351 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 29.47 while its Price-to-Book (P/B) ratio in mrq is 10.85.
Stock Price History:
Over the past 52 weeks, WVE has reached a high of $16.74, while it has fallen to a 52-week low of $4.25. The 50-Day Moving Average of the stock is -14.45%, while the 200-Day Moving Average is calculated to be 11.09%.
Shares Statistics:
A total of 148.39M shares are outstanding, with a floating share count of 122.14M. Insiders hold about 19.92% of the company’s shares, while institutions hold 79.62% stake in the company.
