The closing price of Zomedica Corp (AMEX: ZOM) was $0.13 for the day, down -3.19% from the previous closing price of $0.14. In other words, the price has decreased by -$0.0044 from its previous closing price. On the day, 4544308 shares were traded. ZOM stock price reached its highest trading level at $0.1380 during the session, while it also had its lowest trading level at $0.1315.
Ratios:
Our analysis of ZOM’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.23 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 102.28. For the most recent quarter (mrq), Quick Ratio is recorded 16.57 and its Current Ratio is at 17.12. In the meantime, Its Debt-to-Equity ratio is 0.01 whereas as Long-Term Debt/Eq ratio is at 0.00.
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, Dawson James on January 06, 2023, initiated with a Buy rating and assigned the stock a target price of $6.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Dec 15 ’23 when POWERS JOHNNY D bought 100,000 shares for $0.17 per share. The transaction valued at 16,500 led to the insider holds 1,950 shares of the business.
POWERS JOHNNY D bought 100,000 shares of ZOM for $16,600 on Nov 17 ’23. The Director now owns 1,850,000 shares after completing the transaction at $0.17 per share. On Nov 17 ’23, another insider, HEATON LARRY C II, who serves as the CEO of the company, bought 100,000 shares for $0.17 each. As a result, the insider paid 16,600 and bolstered with 200,000 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, ZOM now has a Market Capitalization of 135.23M and an Enterprise Value of 30.78M. For the stock, the TTM Price-to-Sale (P/S) ratio is 5.45 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at 1.28 whereas that against EBITDA is -2.58.
Stock Price History:
Over the past 52 weeks, ZOM has reached a high of $0.25, while it has fallen to a 52-week low of $0.12. The 50-Day Moving Average of the stock is 0.1350, while the 200-Day Moving Average is calculated to be 0.1734.
Shares Statistics:
ZOM traded an average of 5.64M shares per day over the past three months and 3.94M shares per day over the past ten days. A total of 979.95M shares are outstanding, with a floating share count of 964.36M. Insiders hold about 1.59% of the company’s shares, while institutions hold 8.88% stake in the company. Shares short for ZOM as of Feb 29, 2024 were 64.63M with a Short Ratio of 11.46, compared to 55.43M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 6.59% and a Short% of Float of 6.70%.
Earnings Estimates
The firm’s stock currently is rated by 0 analysts. On average, analysts expect EPS of $0 for the current quarter, with a high estimate of $0 and a low estimate of $0, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between -$0.02 and -$0.02 for the fiscal current year, implying an average EPS of -$0.02. EPS for the following year is -$0.01, with 1 analysts recommending between -$0.01 and -$0.01.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $7M to a low estimate of $7M. As of the current estimate, Zomedica Corp’s year-ago sales were $6.16M, an estimated increase of 13.70% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $8.18M, an increase of 49.20% over than the figure of $13.70% in the same quarter last year. There is a high estimate of $8.18M for the next quarter, whereas the lowest estimate is $8.18M.
A total of 1 analysts have provided revenue estimates for ZOM’s current fiscal year. The highest revenue estimate was $24.85M, while the lowest revenue estimate was $24.85M, resulting in an average revenue estimate of $24.85M. In the same quarter a year ago, actual revenue was $18.93M, up 31.30% from the average estimate. Based on 1 analysts’ estimates, the company’s revenue will be $34.1M in the next fiscal year. The high estimate is $34.1M and the low estimate is $34.1M. The average revenue growth estimate for next year is up 37.20% from the average revenue estimate for this year.
