Legend Biotech Corp ADR (LEGN) posted a 2.32% change over the last five days signaling a new trend

Legend Biotech Corp ADR (NASDAQ: LEGN) kicked off on Tuesday, up 0.85% from the previous trading day, before settling in for the closing price of $43.31. Over the past 52 weeks, LEGN has traded in a range of $36.92-$70.13.

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Over the past five-year period, the growth rate of yearbook sales for the company of the Healthcare sector was 50.60%. While this was happening, its average annual earnings per share was recorded 46.40%. With a float of $181.93 million, this company’s outstanding shares have now reached $183.45 million.

Considering the fact that the conglomerate employs 1826 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 60.75%, operating margin of -53.92%, and the pretax margin is -66.41%.

Legend Biotech Corp ADR (LEGN) Breakdown of a Key Holders of the stock

Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Legend Biotech Corp ADR is 0.83%, while institutional ownership is 49.80%. The most recent insider transaction that took place on Dec 02 ’24, was worth 189,080. Before that another transaction happened on Sep 25 ’24, when Company’s Officer proposed sale 1,504 for $44.10, making the entire transaction worth $66,326.

Legend Biotech Corp ADR (LEGN) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 46.40% per share during the next fiscal year.

Legend Biotech Corp ADR (NASDAQ: LEGN) Trading Performance Indicators

Take a look at Legend Biotech Corp ADR’s (LEGN) current performance indicators. Last quarter, stock had a quick ratio of 4.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 15.40.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.91, a number that is poised to hit -0.23 in the next quarter and is forecasted to reach -0.40 in one year’s time.

Technical Analysis of Legend Biotech Corp ADR (LEGN)

Compared to the last year’s volume of 1.12 million, its volume of 1.05 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 89.45%. Additionally, its Average True Range was 2.04.

During the past 100 days, Legend Biotech Corp ADR’s (LEGN) raw stochastic average was set at 28.23%, which indicates a significant decrease from 97.55% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.16% in the past 14 days, which was lower than the 46.47% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $44.12, while its 200-day Moving Average is $50.24. Nevertheless, the first resistance level for the watch stands at $44.30 in the near term. At $44.93, the stock is likely to face the second major resistance level. The third major resistance level sits at $46.00. If the price goes on to break the first support level at $42.60, it is likely to go to the next support level at $41.53. Now, if the price goes above the second support level, the third support stands at $40.90.

Legend Biotech Corp ADR (NASDAQ: LEGN) Key Stats

The company with the Market Capitalisation of 8.01 billion has total of 183,451K Shares Outstanding. Its annual sales at the moment are 285,140 K in contrast with the sum of -518,250 K annual income. Company’s last quarter sales were recorded 160,210 K and last quarter income was -125,320 K.