Zai Lab Limited ADR (NASDAQ: ZLAB) kicked off on Monday, down -6.98% from the previous trading day, before settling in for the closing price of $27.06. Over the past 52 weeks, ZLAB has traded in a range of $13.48-$36.60.
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Annual sales at Healthcare sector company grew by 2095.12% over the past five years. While this was happening, its average annual earnings per share was recorded 19.04%. With a float of $98.88 million, this company’s outstanding shares have now reached $99.12 million.
Let’s look at the performance matrix of the company that is accounted for 2175 employees. In terms of profitability, gross margin is 63.17%, operating margin of -95.07%, and the pretax margin is -76.13%.
Zai Lab Limited ADR (ZLAB) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Zai Lab Limited ADR is 0.24%, while institutional ownership is 47.87%. The most recent insider transaction that took place on Nov 04 ’24, was worth 5,121. In this transaction Chief Financial Officer of this company sold 167 shares at a rate of $30.66, taking the stock ownership to the 15,494 shares. Before that another transaction happened on Nov 04 ’24, when Company’s Officer proposed sale 167 for $30.66, making the entire transaction worth $5,121.
Zai Lab Limited ADR (ZLAB) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 9/30/2024, the organization reported -0.98 earnings per share (EPS), lower than consensus estimate (set at -0.87) by -0.11. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.6 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 19.04% per share during the next fiscal year.
Zai Lab Limited ADR (NASDAQ: ZLAB) Trading Performance Indicators
Take a look at Zai Lab Limited ADR’s (ZLAB) current performance indicators. Last quarter, stock had a quick ratio of 2.87. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 7.01.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.78, a number that is poised to hit -0.73 in the next quarter and is forecasted to reach -1.80 in one year’s time.
Technical Analysis of Zai Lab Limited ADR (ZLAB)
Zai Lab Limited ADR (NASDAQ: ZLAB) saw its 5-day average volume 2.07 million, a positive change from its year-to-date volume of 0.7 million. As of the previous 9 days, the stock’s Stochastic %D was 5.83%. Additionally, its Average True Range was 1.88.
During the past 100 days, Zai Lab Limited ADR’s (ZLAB) raw stochastic average was set at 44.49%, which indicates a significant increase from 4.19% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 64.31% in the past 14 days, which was higher than the 57.19% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $26.17, while its 200-day Moving Average is $20.17. Nevertheless, the first resistance level for the watch stands at $26.44 in the near term. At $27.70, the stock is likely to face the second major resistance level. The third major resistance level sits at $28.50. If the price goes on to break the first support level at $24.38, it is likely to go to the next support level at $23.58. Assuming the price breaks the second support level, the third support level stands at $22.32.
Zai Lab Limited ADR (NASDAQ: ZLAB) Key Stats
The company with the Market Capitalisation of 2.49 billion has total of 99,609K Shares Outstanding. Its annual sales at the moment are 266,720 K in contrast with the sum of -334,620 K annual income. Company’s last quarter sales were recorded 100,500 K and last quarter income was -80,280 K.
