Zai Lab Limited ADR (NASDAQ: ZLAB) is 11.65% higher on its value in year-to-date trading and has touched a low of $16.01 and a high of $39.77 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 $29.14 in the last trading session, with the day’s gains setting it 0.1%.
Currently trading at $29.24, the stock is -5.10% and -11.65% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.44 million and changing 0.34% at the moment leaves the stock 8.10% off its SMA200. ZLAB registered 75.30% gain for a year compared to 6-month loss of -5.43%.
The stock witnessed a 8.06% gain in the last 1 month and extending the period to 3 months gives it a 6.21%, and is -6.22% 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 4.64% over the week and 5.15% over the month.
Zai Lab Limited ADR (ZLAB) has around 1869 employees, a market worth around $3.21B and $418.33M in sales. Fwd P/E is 97.17. Profit margin for the company is -60.26%. Distance from 52-week low is 82.64% and -26.48% from its 52-week high. The company has generated returns on investments over the last 12 months (-30.63%).
The EPS is expected to grow by 45.26% this year.
Zai Lab Limited ADR (ZLAB) Top Institutional Holders
The shares outstanding are 109.84M, and float is at 108.80M with Short Float at 6.11%.
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 0.73% 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 0.6689 of the shares outstanding. The other top investors are CAPITAL WORLD INVESTORS which holds 5.31 million shares representing 0.5439% and valued at over $91.99 million, while WOODLINE PARTNERS LP holds 0.239 of the shares totaling 2.33 million with a market value of $40.43 million.
Zai Lab Limited ADR (ZLAB) Insider Activity
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Still, SEC filings show that on Apr 04 ’25, Smiley Joshua L disposed off 3,354 shares at an average price of $33.11 for $0.11 million. The insider now directly holds 67,345 shares of Zai Lab Limited ADR (ZLAB).
