Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
The price of Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) closed at $3.09 in the last session, down -1.28% from day before closing price of $3.13. In other words, the price has decreased by -$1.28 from its previous closing price. On the day, 0.91 million shares were traded. ZNTL stock price reached its highest trading level at $3.19 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 Oct 31 ’24 when Diana Hausman bought 9,888 shares for $2.86 per share.
Vultaggio Vincent sold 1,603 shares of ZNTL for $5,098 on Oct 04 ’24. The Principal Accounting Officer now owns 33,855 shares after completing the transaction at $3.18 per share. On May 31 ’24, another insider, Gallagher Cam, who serves as the President, Interim CFO of the company, sold 9,597 shares for $11.98 each. As a result, the insider received 114,972 and left with 633,680 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 220210080 and an Enterprise Value of -127775912. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.36 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at -3.15 whereas that against EBITDA is 0.614.
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 -6.89%, while the 200-Day Moving Average is calculated to be -55.89%.
Shares Statistics:
According to the various share statistics, ZNTL traded on average about 2.11M shares per day over the past 3-months and 948340 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 83.16% stake in the company. Shares short for ZNTL as of 1732838400 were 4669830 with a Short Ratio of 2.21, compared to 1730332800 on 7052724. Therefore, it implies a Short% of Shares Outstanding of 4669830 and a Short% of Float of 13.19.
