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 Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) closed at $3.24 in the last session, up 8.00% from day before closing price of $3.00. In other words, the price has increased by $8.00 from its previous closing price. On the day, 1.59 million shares were traded. ZNTL stock price reached its highest trading level at $3.33 during the session, while it also had its lowest trading level at $3.01.
Ratios:
We take a closer look at ZNTL’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.29 and its Current Ratio is at 7.29. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
On June 20, 2024, UBS Downgraded its rating to Neutral which previously was Buy and also lowered its target price recommendation from $28 to $5.
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 Jan 02 ’25 when Lackner Mark sold 4,411 shares for $3.12 per share. The transaction valued at 13,762 led to the insider holds 191,317 shares of the business.
Diana Hausman bought 9,888 shares of ZNTL for $28,294 on Oct 31 ’24. On Oct 04 ’24, another insider, Vultaggio Vincent, who serves as the Principal Accounting Officer of the company, sold 1,603 shares for $3.18 each. As a result, the insider received 5,098 and left with 33,855 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, ZNTL now has a Market Capitalization of 230899904 and an Enterprise Value of -117086104. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.15 while its Price-to-Book (P/B) ratio in mrq is 0.65. Its current Enterprise Value per Revenue stands at -2.887 whereas that against EBITDA is 0.563.
Stock Price History:
Over the past 52 weeks, ZNTL has reached a high of $18.07, while it has fallen to a 52-week low of $2.66. The 50-Day Moving Average of the stock is -2.44%, while the 200-Day Moving Average is calculated to be -48.24%.
Shares Statistics:
According to the various share statistics, ZNTL traded on average about 1.28M shares per day over the past 3-months and 1230500 shares per day over the past 10 days. A total of 71.15M shares are outstanding, with a floating share count of 57.60M. Insiders hold about 19.17% of the company’s shares, while institutions hold 83.17% stake in the company. Shares short for ZNTL as of 1734048000 were 5498855 with a Short Ratio of 4.30, compared to 1731628800 on 4966514. Therefore, it implies a Short% of Shares Outstanding of 5498855 and a Short% of Float of 15.529999.
