Zomedica Corp (AMEX: ZOM) is -7.67% lower on its value in year-to-date trading and has touched a low of $0.12 and a high of $0.20 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 $0.12 in the last trading session, with the day’s loss setting it -0.01%.
Currently trading at $0.11, the stock is -7.95% and -10.77% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.77 million and changing -5.94% at the moment leaves the stock -18.64% off its SMA200. ZOM registered -9.55% loss for a year compared to 6-month loss of -17.99%.
The stock witnessed a -10.57% gain in the last 1 month and extending the period to 3 months gives it a -15.55%, and is -7.82% down 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 2.54% over the week and 1.86% over the month.
Zomedica Corp (ZOM) has around 144 employees, a market worth around $108.58M and $26.73M in sales. Profit margin for the company is -232.70%. Distance from 52-week low is -5.30% and -43.24% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.44%).
with sales reaching $8.1M over the same period.The EPS is expected to shrink by -37.14% this year.
Zomedica Corp (ZOM) Top Institutional Holders
The shares outstanding are 979.95M, and float is at 962.66M with Short Float at 4.63%.
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 Blair Anthony K, the company’s COO. SEC filings show that Blair Anthony K bought 150,000 shares of the company’s common stock on Nov 08 ’24 at a price of $0.12 per share for a total of $18450.0. Following the purchase, the insider now owns 0.4 million shares.
Zomedica Corp disclosed in a document filed with the SEC on Nov 11 ’24 that POWERS JOHNNY D (Director) bought a total of 100,000 shares of the company’s common stock. The trade occurred on Nov 11 ’24 and was made at $0.12 per share for $12100.0. Following the transaction, the insider now directly holds 2.42 million shares of the ZOM stock.
Still, SEC filings show that on Nov 11 ’24, HEATON LARRY C II (CEO) acquired 100,000 shares at an average price of $0.12 for $12200.0. The insider now directly holds 500,000 shares of Zomedica Corp (ZOM).
