The pursuit of market outperformance leads investors to the practice of hand-picking stocks. Skillful choices can be a catalyst for significant wealth enhancement.
In the latest session, Legend Biotech Corp ADR (NASDAQ: LEGN) closed at $31.37 down -6.08% from its previous closing price of $33.40. In other words, the price has decreased by -$6.08 from its previous closing price. On the day, 2.26 million shares were traded.
Ratios:
For a deeper understanding of Legend Biotech Corp ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.54 and its Current Ratio is at 4.62. In the meantime, Its Debt-to-Equity ratio is 0.34 whereas as Long-Term Debt/Eq ratio is at 0.33.
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, Redburn Atlantic on October 08, 2024, initiated with a Buy rating and assigned the stock a target price of $86.
On June 17, 2024, Truist started tracking the stock assigning a Buy rating and target price of $88.
H.C. Wainwright reiterated its Buy rating for the stock on May 24, 2024, while the target price for the stock was revised from $86 to $73.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on May 01 ’25 when Huang Ying bought 6,548 shares for $34.55 per share.
Yeung Jessie bought 339 shares of LEGN for $11,959 on Mar 25 ’25. On Mar 25 ’25, another insider, Huang Ying, who serves as the Officer of the company, bought 4,064 shares for $35.28 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 9.18 while its Price-to-Book (P/B) ratio in mrq is 5.54.
Stock Price History:
Over the past 52 weeks, LEGN has reached a high of $60.87, while it has fallen to a 52-week low of $29.27. The 50-Day Moving Average of the stock is -9.01%, while the 200-Day Moving Average is calculated to be -25.18%.
Shares Statistics:
A total of 183.65M shares are outstanding, with a floating share count of 181.14M. Insiders hold about 1.37% of the company’s shares, while institutions hold 54.15% stake in the company.
