Zai Lab Limited ADR (NASDAQ: ZLAB) is -31.21% lower on its value in year-to-date trading and has touched a low of $13.48 and a high of $32.60 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZLAB stock was last observed hovering at around $18.74 in the last trading session, with the day’s gains setting it 0.06%.
Currently trading at $18.80, the stock is 5.46% and 0.62% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.81 million and changing 0.32% at the moment leaves the stock -12.37% off its SMA200. ZLAB registered -35.08% loss for a year compared to 6-month loss of -19.73%.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a -0.95% gain in the last 1 month and extending the period to 3 months gives it a 37.03%, and is 5.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.52% over the week and 4.36% over the month.
Zai Lab Limited ADR (ZLAB) has around 2175 employees, a market worth around $1.86B and $291.07M in sales. Profit margin for the company is -116.45%. Distance from 52-week low is 39.47% and -42.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-44.04%).
Zai Lab Limited ADR quarterly earnings per share for the current quarter are estimated at -$0.71 with sales reaching $93.14M over the same period.The EPS is expected to grow by 18.24% this year, but quarterly earnings will post 49.00% year-over-year. Quarterly sales are estimated to grow 31.80% in year-over-year returns.
The shares outstanding are 99.12M, and float is at 98.59M with Short Float at 2.86%.
Zai Lab Limited ADR (ZLAB) Insider Activity
The most recent transaction is an insider sale by Lis William, the company’s Director. SEC filings show that Lis William sold 10,397 shares of the company’s common stock on Jul 01 ’24 at a price of $17.32 per share for a total of $0.18 million. Following the sale, the insider now owns 53089.0 shares.
Zai Lab Limited ADR disclosed in a document filed with the SEC on Jul 01 ’24 that Du Ying (Chairperson & CEO) sold a total of 7,013 shares of the company’s common stock. The trade occurred on Jul 01 ’24 and was made at $17.48 per share for $0.12 million. Following the transaction, the insider now directly holds 1.08 million shares of the ZLAB stock.
Still, SEC filings show that on Jun 26 ’24, Du Ying (Chairperson & CEO) disposed off 23,939 shares at an average price of $17.90 for $0.43 million. The insider now directly holds 1,142,833 shares of Zai Lab Limited ADR (ZLAB).
