Zura Bio Ltd (NASDAQ: ZURA) on Friday, soared 14.76% from the previous trading day, before settling in for the closing price of $2.1. Within the past 52 weeks, ZURA’s price has moved between $0.97 and $5.07.
The company achieved an average annual earnings per share of -20.48%. With a float of $40.98 million, this company’s outstanding shares have now reached $62.06 million.
Zura Bio Ltd (ZURA) Insider Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of Zura Bio Ltd is 36.97%, while institutional ownership is 42.68%. The most recent insider transaction that took place on Nov 25 ’24, was worth 2,734,458. In this transaction Director of this company sold 1,001,633 shares at a rate of $2.73, taking the stock ownership to the 0 shares.
Zura Bio Ltd (ZURA) Earnings and Forecasts
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported -0.26 earnings per share (EPS) for the period falling under the consensus outlook (set at -0.13) by -0.13. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.18 per share during the current fiscal year. According to the Wall Street analysts, stocks earnings will be around -20.48% per share during the next fiscal year.
Zura Bio Ltd (NASDAQ: ZURA) Trading Performance Indicators
Zura Bio Ltd (ZURA) is currently performing well based on its current performance indicators. A quick ratio of 8.40 was reported for the most recent quarter.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.76, a number that is poised to hit -0.18 in the next quarter and is forecasted to reach -0.78 in one year’s time.
Technical Analysis of Zura Bio Ltd (ZURA)
Compared to the last year’s volume of 0.5 million, its volume of 0.58 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 76.23%.
During the past 100 days, Zura Bio Ltd’s (ZURA) raw stochastic average was set at 97.95%, which indicates a significant increase from 94.64% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.18 in the past 14 days, which was higher than the 0.13 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.85, while its 200-day Moving Average is $1.58. Nevertheless, the first resistance level for the watch stands at $2.54 in the near term. At $2.68, the stock is likely to face the second major resistance level. The third major resistance level sits at $2.91. If the price goes on to break the first support level at $2.17, it is likely to go to the next support level at $1.94. Should the price break the second support level, the third support level stands at $1.80.
Zura Bio Ltd (NASDAQ: ZURA) Key Stats
Market capitalization of the company is 156.69 million based on 65,018K outstanding shares. Right now, sales total 0 K and income totals -45,390 K. The company made 0 K in profit during its latest quarter, and -15,990 K in sales during its previous quarter.
