Zai Lab Limited ADR (NASDAQ: ZLAB) is 38.14% higher on its value in year-to-date trading and has touched a low of $13.48 and a high of $39.61 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 2.27%.
Currently trading at $36.18, the stock is 1.10% and 15.09% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.82 million and changing 6.69% at the moment leaves the stock 44.11% off its SMA200. ZLAB registered 122.65% gain for a year compared to 6-month gain of 67.73%. The firm has a 50-day simple moving average (SMA 50) of $31.436 and a 200-day simple moving average (SMA200) of $25.10585.
The stock witnessed a 3.17% loss in the last 1 month and extending the period to 3 months gives it a 36.32%, and is -3.08% 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 4.24% over the week and 5.08% over the month.
Zai Lab Limited ADR (ZLAB) has around 1869 employees, a market worth around $3.95B and $398.99M in sales. Fwd P/E is 151.37. Profit margin for the company is -64.44%. Distance from 52-week low is 168.40% and -8.66% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.08%).
The EPS is expected to grow by 43.69% this year
187.0 institutions hold shares in Zai Lab Limited ADR (ZLAB), with institutional investors hold 55.14% of the company’s shares. The shares outstanding are 109.14M, and float is at 108.11M with Short Float at 7.33%. Institutions hold 54.35% of the Float.
The top institutional shareholder in the company is PRICE T ROWE ASSOCIATES INC /MD/ with over 1.66 million shares valued at $28.73 million. The investor’s holdings represent 1.7037 of the ZLAB Shares outstanding. As of 2024-06-30, the second largest holder is WELLINGTON MANAGEMENT GROUP LLP with 7.12 million shares valued at $123.47 million to account for 0.73 of the shares outstanding. The other top investors are JANUS HENDERSON GROUP PLC which holds 6.53 million shares representing 0.6689 and valued at over $113.13 million, while CAPITAL WORLD INVESTORS holds 0.5439 of the shares totaling 5.31 million with a market value of $91.99 million.
Zai Lab Limited ADR (ZLAB) Insider Activity
The most recent transaction is an insider sale by Amado Rafael,. SEC filings show that Amado Rafael sold 3,000 shares of the company’s common stock on Mar 17 ’25 at a price of $38.41 per share for a total of $0.12 million. Following the sale, the insider now owns 30834.0 shares.
Still, SEC filings show that on Mar 05 ’25, Du Ying (Officer) Proposed Sale 46,389 shares at an average price of $35.55 for $1.65 million. The insider now directly holds shares of Zai Lab Limited ADR (ZLAB).
