Zai Lab Limited ADR (NASDAQ: ZLAB) is 33.91% higher on its value in year-to-date trading and has touched a low of $13.48 and a high of $36.60 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZLAB stock was last observed hovering at around $33.91 in the last trading session, with the day’s gains setting it 1.16%.
Currently trading at $35.07, the stock is 19.37% and 28.25% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.18 million and changing 3.42% at the moment leaves the stock 49.84% off its SMA200. ZLAB registered 75.88% gain for a year compared to 6-month gain of 94.62%.
The stock witnessed a 30.66% loss in the last 1 month and extending the period to 3 months gives it a 36.46%, and is 13.24% 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 5.16% over the week and 4.78% over the month.
Zai Lab Limited ADR (ZLAB) has around 2175 employees, a market worth around $3.82B and $355.75M in sales. Profit margin for the company is -76.13%. Distance from 52-week low is 160.16% and -4.18% from its 52-week high. The company has generated returns on investments over the last 12 months (-40.20%).
The EPS is expected to grow by 22.09% this year
The shares outstanding are 108.94M, and float is at 107.91M with Short Float at 7.15%.
The top institutional shareholder in the company is WELLINGTON MANAGEMENT GROUP LLP with over 7.12 million shares valued at $$123.47 million. The investor’s holdings represent 7.3211 of the ZLAB Shares outstanding. As of 2024-06-30, the second largest holder is JANUS HENDERSON GROUP PLC with 6.53 million shares valued at $$113.13 million to account for 6.7077 of the shares outstanding. The other top investors are PRICE T ROWE ASSOCIATES INC /MD/ which holds 1.66 million shares representing 1.7037 and valued at over $$28.73 million, while FMR LLC holds 1.1633 of the shares totaling 1.13 million with a market value of $$19.62 million.
Zai Lab Limited ADR (ZLAB) Insider Activity
The most recent transaction is an insider sale by Chen Kai-Xian, the company’s Director. SEC filings show that Chen Kai-Xian sold 7,750 shares of the company’s common stock on Jul 01 ’24 at a price of $17.22 per share for a total of $0.13 million. Following the sale, the insider now owns 60778.0 shares.
Zai Lab Limited ADR disclosed in a document filed with the SEC on Dec 31 ’24 that Amado Rafael sold a total of 7,583 shares of the company’s common stock. The trade occurred on Dec 31 ’24 and was made at $26.28 per share for $0.2 million. Following the transaction, the insider now directly holds 33834.0 shares of the ZLAB stock.
Still, SEC filings show that on Dec 31 ’24, Amado Rafael (Officer) Proposed Sale 7,583 shares at an average price of $26.28 for $0.2 million. The insider now directly holds shares of Zai Lab Limited ADR (ZLAB).
