Trading Day Review: Kezar Life Sciences Inc (KZR) Loses Momentum, Closing at 0.75

Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.

The price of Kezar Life Sciences Inc (NASDAQ: KZR) closed at $0.75 in the last session, down -3.26% from day before closing price of $0.77. In other words, the price has decreased by -$3.26 from its previous closing price. On the day, 1.46 million shares were traded. KZR stock price reached its highest trading level at $0.8065 during the session, while it also had its lowest trading level at $0.7202.

Ratios:

We take a closer look at KZR’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 11.49 and its Current Ratio is at 11.49. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.08.

On December 08, 2021, Wells Fargo started tracking the stock assigning a Overweight rating and target price of $19.Wells Fargo initiated its Overweight rating on December 08, 2021, with a $19 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, KZR now has a Market Capitalization of 54419048 and an Enterprise Value of -107092984. For the stock, the TTM Price-to-Sale (P/S) ratio is 7.77 while its Price-to-Book (P/B) ratio in mrq is 0.32. Its current Enterprise Value per Revenue stands at -15.299 whereas that against EBITDA is 1.036.

Stock Price History:

Over the past 52 weeks, KZR has reached a high of $3.13, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -14.08%, while the 200-Day Moving Average is calculated to be -27.54%.

Shares Statistics:

According to the various share statistics, KZR traded on average about 801.76K shares per day over the past 3-months and 722330 shares per day over the past 10 days. A total of 72.78M shares are outstanding, with a floating share count of 61.59M. Insiders hold about 15.40% of the company’s shares, while institutions hold 67.01% stake in the company. Shares short for KZR as of 1714435200 were 4154637 with a Short Ratio of 5.18, compared to 1711584000 on 3567349. Therefore, it implies a Short% of Shares Outstanding of 4154637 and a Short% of Float of 5.84.

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