Trading Day Review: Wave Life Sciences Ltd (WVE) Loses Momentum, Closing at 9.39

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The price of Wave Life Sciences Ltd (NASDAQ: WVE) closed at $9.39 in the last session, down -0.11% from day before closing price of $9.40. In other words, the price has decreased by -$0.11 from its previous closing price. On the day, 1.38 million shares were traded.

Ratios:

We take a closer look at WVE’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.89 and its Current Ratio is at 2.89. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.08.

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 February 25, 2025, 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Mar 07 ’25 when BOLNO PAUL sold 169,025 shares for $9.57 per share. The transaction valued at 1,617,569 led to the insider holds 338,351 shares of the business.

PAUL BOLNO bought 169,025 shares of WVE for $1,618,228 on Mar 07 ’25. On Nov 25 ’24, another insider, BOLNO PAUL, who serves as the President and CEO of the company, sold 50,000 shares for $15.00 each. As a result, the insider received 750,000 and left with 217,351 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 13.31 while its Price-to-Book (P/B) ratio in mrq is 6.86.

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 -18.28%, while the 200-Day Moving Average is calculated to be -1.39%.

Shares Statistics:

A total of 153.04M shares are outstanding, with a floating share count of 122.82M. Insiders hold about 19.92% of the company’s shares, while institutions hold 79.46% stake in the company.

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