On Friday, Zymeworks BC Inc (NASDAQ: ZYME) was -3.07% drop from the session before settling in for the closing price of $13.70. A 52-week range for ZYME has been $6.83 – $14.05.
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A company in the Healthcare sector has jumped its sales by 264.10% annually for the last half of the decade. When this article was written, the company’s average yearly earnings per share was at 27.20%. With a float of $67.54 million, this company’s outstanding shares have now reached $70.12 million.
In an organization with 277 employees, it is important to assess its efficiency. In terms of profitability, gross margin is -1.54%, operating margin of -55132.43%, and the pretax margin is -47769.9%.
Zymeworks BC Inc (ZYME) Insider Updates
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Zymeworks BC Inc stocks. The insider ownership of Zymeworks BC Inc is 2.59%, while institutional ownership is 99.62%. The most recent insider transaction that took place on Jan 05 ’24, was worth 193,849. In this transaction Chair & CEO of this company sold 18,198 shares at a rate of $10.65, taking the stock ownership to the 29,468 shares. Before that another transaction happened on Jan 08 ’24, when Company’s Chair & CEO sold 5,706 for $11.22, making the entire transaction worth $63,996. This insider now owns 23,762 shares in total.
Zymeworks BC Inc (ZYME) Performance Highlights and Predictions
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.2 earnings per share (EPS) during the time that was better than consensus figure (set at -0.43) by 0.23. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.5 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 27.20% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.00% during the next five years compared to -6.52% drop over the previous five years of trading.
Zymeworks BC Inc (NASDAQ: ZYME) Trading Performance Indicators
You can see what Zymeworks BC Inc (ZYME) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 4.10. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 14.37.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.51, a number that is poised to hit 0.13 in the next quarter and is forecasted to reach -1.52 in one year’s time.
Technical Analysis of Zymeworks BC Inc (ZYME)
Let’s dig in a bit further. During the last 5-days, its volume was 0.69 million. That was better than the volume of 0.63 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 74.61%. Additionally, its Average True Range was 0.46.
During the past 100 days, Zymeworks BC Inc’s (ZYME) raw stochastic average was set at 86.82%, which indicates a significant increase from 53.61% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 35.09% in the past 14 days, which was higher than the 34.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $12.58, while its 200-day Moving Average is $10.60. However, in the short run, Zymeworks BC Inc’s stock first resistance to watch stands at $13.72. Second resistance stands at $14.15. The third major resistance level sits at $14.82. If the price goes on to break the first support level at $12.62, it is likely to go to the next support level at $11.95. Assuming the price breaks the second support level, the third support level stands at $11.52.
Zymeworks BC Inc (NASDAQ: ZYME) Key Stats
There are 71,047K outstanding shares of the company, which has a market capitalization of 894.00 million. As of now, sales total 76,010 K while income totals -118,670 K. Its latest quarter income was 19,240 K while its last quarter net income were -37,690 K.
