Zymeworks BC Inc (ZYME) 14-day ATR is 0.75: This Stock is Set to Soar Above its Peers

As on Thursday, Zymeworks BC Inc (NASDAQ: ZYME) started slowly as it slid -5.98% to $13.68, before settling in for the price of $14.55 at the close. Taking a more long-term approach, ZYME posted a 52-week range of $7.97-$17.70.

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It was noted that the giant of the Healthcare sector posted annual sales growth of 264.10% over the last 5 years. Meanwhile, its Annual Earning per share during the time was -6.52%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 11.97%. This publicly-traded company’s shares outstanding now amounts to $70.12 million, simultaneously with a float of $67.09 million. The organization now has a market capitalization sitting at $950.05 million. At the time of writing, stock’s 50-day Moving Average stood at $13.70, while the 200-day Moving Average is $10.95.

Zymeworks BC Inc (ZYME) Ownership Facts and Figures

Another important factor to analyze is how key investors are playing towards the stock of the Biotechnology industry. Zymeworks BC Inc’s current insider ownership accounts for 3.39%, in contrast to 97.29% institutional ownership. According to the most recent insider trade that took place on Jan 05 ’24, this organization’s Chair & CEO sold 18,198 shares at the rate of 10.65, making the entire transaction reach 193,849 in total value, affecting insider ownership by 29,468. Preceding that transaction, on Jan 08 ’24, Company’s Chair & CEO sold 5,706 for 11.22, making the whole transaction’s value amount to 63,996. This particular insider is now the holder of 23,762 in total.

Zymeworks BC Inc (ZYME) Earnings and Revenue Records

Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.5 per share during the current fiscal year.

Zymeworks BC Inc’s EPS increase for this current 12-month fiscal period is 11.97% and is forecasted to reach -1.51 in the upcoming year. Considering the longer run, market analysts have predicted that Company’s EPS will increase by 11.00% through the next 5 years, which can be compared against the -6.52% growth it accomplished over the previous five years trading on the market.

Zymeworks BC Inc (NASDAQ: ZYME) Trading Performance Indicators

Let’s observe the current performance indicators for Zymeworks BC Inc (ZYME). It’s Quick Ratio in the last reported quarter now stands at 4.10. The Stock has managed to achieve an average true range (ATR) of 0.75. Another valuable indicator worth pondering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 15.27.

In the same vein, ZYME’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -1.51, a figure that is expected to reach -0.17 in the next quarter, and analysts are predicting that it will be -1.51 at the market close of one year from today.

Technical Analysis of Zymeworks BC Inc (ZYME)

Through scrutinizing the latest numbers posted by the [Zymeworks BC Inc, ZYME], it can be observed that its last 5-days Average volume of 0.49 million was lower the volume of 0.62 million, it posted the year before. During the previous 9 days, stock’s Stochastic %D was recorded 6.21% While, its Average True Range was 0.82.

Raw Stochastic average of Zymeworks BC Inc (ZYME) in the period of the previous 100 days is set at 57.14%, which indicates a major rise in contrast to 11.26% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 77.65% that was higher than 42.69% volatility it exhibited in the past 100-days period.