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The price of Zymeworks BC Inc (NASDAQ: ZYME) closed at $15.61 in the last session, up 6.48% from day before closing price of $14.66. In other words, the price has increased by $6.48 from its previous closing price. On the day, 0.61 million shares were traded. ZYME stock price reached its highest trading level at $15.63 during the session, while it also had its lowest trading level at $14.77.
Ratios:
We take a closer look at ZYME’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 4.10 and its Current Ratio is at 4.10. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
H.C. Wainwright reiterated its Neutral rating for the stock on January 04, 2023, while the target price for the stock was revised from $10 to $8.
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 05 ’24 when Galbraith Kenneth sold 18,198 shares for $10.65 per share. The transaction valued at 193,849 led to the insider holds 29,468 shares of the business.
Galbraith Kenneth sold 5,706 shares of ZYME for $63,996 on Jan 08 ’24. The Chair & CEO now owns 23,762 shares after completing the transaction at $11.22 per share. On Jan 05 ’24, another insider, Astle Christopher, who serves as the SVP & Chief Financial Officer of the company, sold 4,563 shares for $10.65 each. As a result, the insider received 48,606 and left with 7,934 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, ZYME now has a Market Capitalization of 1075177856 and an Enterprise Value of 798256192. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.43 while its Price-to-Book (P/B) ratio in mrq is 2.98. Its current Enterprise Value per Revenue stands at 12.834 whereas that against EBITDA is -6.959.
Stock Price History:
Over the past 52 weeks, ZYME has reached a high of $15.00, while it has fallen to a 52-week low of $6.83. The 50-Day Moving Average of the stock is 22.04%, while the 200-Day Moving Average is calculated to be 46.25%.
Shares Statistics:
According to the various share statistics, ZYME traded on average about 646.45K shares per day over the past 3-months and 580730 shares per day over the past 10 days. A total of 70.12M shares are outstanding, with a floating share count of 67.85M. Insiders hold about 2.31% of the company’s shares, while institutions hold 99.60% stake in the company. Shares short for ZYME as of 1728950400 were 4163667 with a Short Ratio of 6.44, compared to 1726185600 on 3699642. Therefore, it implies a Short% of Shares Outstanding of 4163667 and a Short% of Float of 7.4200004.
