Zomedica Corp (ZOM) average volume reaches $4.59M: Is Wall Street expecting a rally?

On Friday, Zomedica Corp (AMEX: ZOM) opened lower -0.31% from the last session, before settling in for the closing price of $0.13. Price fluctuations for ZOM have ranged from $0.12 to $0.23 over the past 52 weeks.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 78.21%. Company’s average yearly earnings per share was noted -37.14% at the time writing. With a float of $962.66 million, this company’s outstanding shares have now reached $979.95 million.

Considering the fact that the conglomerate employs 144 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 55.24%, operating margin of -143.14%, and the pretax margin is -232.24%.

Zomedica Corp (ZOM) Insider Activity

A key investor’s attitude towards the stock of the Medical Devices industry is another important factor to consider. The insider ownership of Zomedica Corp is 1.76%, while institutional ownership is 8.27%. The most recent insider transaction that took place on Nov 08 ’24, was worth 18,450. In this transaction COO of this company bought 150,000 shares at a rate of $0.12, taking the stock ownership to the 400,000 shares. Before that another transaction happened on Nov 11 ’24, when Company’s Director bought 100,000 for $0.12, making the entire transaction worth $12,100. This insider now owns 2,425,000 shares in total.

Zomedica Corp (ZOM) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around -37.14% per share during the next fiscal year.

Zomedica Corp (AMEX: ZOM) Trading Performance Indicators

Check out the current performance indicators for Zomedica Corp (ZOM). In the past quarter, the stock posted a quick ratio of 10.15. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 4.68.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.06, a number that is poised to hit -0.01 in the next quarter and is forecasted to reach -0.03 in one year’s time.

Technical Analysis of Zomedica Corp (ZOM)

Compared to the last year’s volume of 4.8 million, its volume of 4.4 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.36%. Additionally, its Average True Range was 0.01.

During the past 100 days, Zomedica Corp’s (ZOM) raw stochastic average was set at 21.70%, which indicates a significant decrease from 25.35% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 76.09% in the past 14 days, which was higher than the 44.60% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $0.1279, while its 200-day Moving Average is $0.1396. Nevertheless, the first resistance level for the watch stands at $0.1293 in the near term. At $0.1307, the stock is likely to face the second major resistance level. The third major resistance level sits at $0.1313. If the price goes on to break the first support level at $0.1273, it is likely to go to the next support level at $0.1267. Should the price break the second support level, the third support level stands at $0.1253.

Zomedica Corp (AMEX: ZOM) Key Stats

There are currently 979,950K shares outstanding in the company with a market cap of 125.04 million. Presently, the company’s annual sales total 25,190 K according to its annual income of -34,530 K. Last quarter, the company’s sales amounted to 7,000 K and its income totaled -6,700 K.