Zomedica Corp (AMEX: ZOM) is -34.52% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $0.23 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 ZOM stock was last observed hovering at around $0.13 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $0.13, the stock is 0.75% and -7.51% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.32 million and changing 0.85% at the moment leaves the stock -11.77% off its SMA200. ZOM registered -18.47% loss for a year compared to 6-month gain of 0.46%.
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The stock witnessed a -6.56% loss in the last 1 month and extending the period to 3 months gives it a -11.84%, and is 3.39% 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 2.84% over the week and 3.69% over the month.
Zomedica Corp (ZOM) has around 144 employees, a market worth around $128.47M and $26.08M in sales. Profit margin for the company is -214.70%. Distance from 52-week low is 9.25% and -42.63% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.63%).
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Zomedica Corp (ZOM) Top Institutional Holders
103.0 institutions hold shares in Zomedica Corp (ZOM), with institutional investors hold 8.78% of the company’s shares. The shares outstanding are 979.95M, and float is at 962.51M with Short Float at 5.11%. Institutions hold 8.62% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 29.93 million shares valued at $382.18 million. The investor’s holdings represent 3.054% of the ZOM Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 26.21 million shares valued at $334.65 million to account for 2.6742 of the shares outstanding. The other top investors are FMR LLC which holds 25.88 million shares representing 2.6405% and valued at over $330.43 million, while DRAGONEER INVESTMENT GROUP, LLC holds 2.2573 of the shares totaling 22.12 million with a market value of $282.47 million.
Zomedica Corp (ZOM) Insider Activity
The most recent transaction is an insider purchase by HEATON LARRY C II, the company’s CEO. SEC filings show that HEATON LARRY C II bought 100,000 shares of the company’s common stock on Sep 05 ’24 at a price of $0.12 per share for a total of $12500.0. Following the purchase, the insider now owns 0.4 million shares.
Zomedica Corp disclosed in a document filed with the SEC on Aug 28 ’24 that POWERS JOHNNY D (Director) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Aug 28 ’24 and was made at $0.13 per share for $12900.0. Following the transaction, the insider now directly holds 2.33 million shares of the ZOM stock.
Still, SEC filings show that on Aug 20 ’24, Blair Anthony K (COO) acquired 100,000 shares at an average price of $0.14 for $14200.0. The insider now directly holds 250,000 shares of Zomedica Corp (ZOM).