A major move is in the offing as Legend Biotech Corp ADR (LEGN) market cap hits 6.95 billion

Legend Biotech Corp ADR (NASDAQ: LEGN) kicked off on Tuesday, down -8.96% from the previous trading day, before settling in for the closing price of $41.63. Over the past 52 weeks, LEGN has traded in a range of $36.92-$70.13.

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Healthcare Sector giant saw their annual sales surged by 50.60% over the last five years. While this was happening, its average annual earnings per share was recorded 41.50%. With a float of $181.93 million, this company’s outstanding shares have now reached $183.45 million.

The firm has a total of 1826 workers. Let’s measure their productivity. 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) Insider Activity

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 49.82%. 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) Earnings and Forecasts

According to the Wall Street analysts, stocks earnings will be around 41.50% 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 13.37.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.91, a number that is poised to hit -0.25 in the next quarter and is forecasted to reach -0.38 in one year’s time.

Technical Analysis of Legend Biotech Corp ADR (LEGN)

Analysing the last 5-days average volume posted by the [Legend Biotech Corp ADR, LEGN], we can find that recorded value of 1.49 million was better than the volume posted last year of 1.12 million. As of the previous 9 days, the stock’s Stochastic %D was 13.31%. Additionally, its Average True Range was 2.15.

During the past 100 days, Legend Biotech Corp ADR’s (LEGN) raw stochastic average was set at 4.09%, which indicates a significant decrease from 5.67% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 54.28% in the past 14 days, which was higher than the 47.45% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $43.55, while its 200-day Moving Average is $49.69. Now, the first resistance to watch is $40.63. This is followed by the second major resistance level at $43.37. The third major resistance level sits at $44.93. If the price goes on to break the first support level at $36.33, it is likely to go to the next support level at $34.77. Should the price break the second support level, the third support level stands at $32.03.

Legend Biotech Corp ADR (NASDAQ: LEGN) Key Stats

The company with the Market Capitalisation of 6.95 billion has total of 182,634K 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.