Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
As of close of business last night, Wave Life Sciences Ltd’s stock clocked out at $12.90, down -4.30% from its previous closing price of $13.48. In other words, the price has decreased by -$4.30 from its previous closing price. On the day, 0.6 million shares were traded. WVE stock price reached its highest trading level at $13.54 during the session, while it also had its lowest trading level at $12.865.
Ratios:
To gain a deeper understanding of WVE’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.90 and its Current Ratio is at 1.90. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.13.
On September 19, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $11.B. Riley Securities initiated its Buy rating on September 19, 2024, with a $11 target price.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 25 ’24 when BOLNO PAUL sold 50,000 shares for $15.00 per share. The transaction valued at 750,000 led to the insider holds 217,351 shares of the business.
PAUL BOLNO bought 50,000 shares of WVE for $750,000 on Nov 25 ’24. On Nov 15 ’24, another insider, BOLNO PAUL, who serves as the President and CEO of the company, sold 51,234 shares for $14.32 each. As a result, the insider received 733,671 and left with 217,351 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, WVE now has a Market Capitalization of 1967507968 and an Enterprise Value of 1691601024. For the stock, the TTM Price-to-Sale (P/S) ratio is 35.12 while its Price-to-Book (P/B) ratio in mrq is 13.52. Its current Enterprise Value per Revenue stands at 31.554 whereas that against EBITDA is -11.431.
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 $3.50. The 50-Day Moving Average of the stock is -10.66%, while the 200-Day Moving Average is calculated to be 57.55%.
Shares Statistics:
It appears that WVE traded 1.53M shares on average per day over the past three months and 1173650 shares per day over the past ten days. A total of 148.39M shares are outstanding, with a floating share count of 117.59M. Insiders hold about 22.90% of the company’s shares, while institutions hold 73.93% stake in the company. Shares short for WVE as of 1734048000 were 7054249 with a Short Ratio of 4.61, compared to 1731628800 on 6449275. Therefore, it implies a Short% of Shares Outstanding of 7054249 and a Short% of Float of 7.960000000000001.
