Legend Biotech Corp ADR (NASDAQ: LEGN) is -14.57% lower on its value in year-to-date trading and has touched a low of $29.27 and a high of $60.87 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 LEGN stock was last observed hovering at around $31.08 in the last trading session, with the day’s loss setting it -3.28%.
Currently trading at $27.80, the stock is -15.54% and -18.14% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.18 million and changing -10.55% at the moment leaves the stock -32.35% off its SMA200. LEGN registered -35.71% loss for a year compared to 6-month loss of -30.55%.
The stock witnessed a -13.42% gain in the last 1 month and extending the period to 3 months gives it a -22.50%, and is -11.66% 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 7.98% over the week and 5.19% over the month.
Legend Biotech Corp ADR (LEGN) has around 2609 employees, a market worth around $5.11B and $728.30M in sales. Fwd P/E is 50.82. Profit margin for the company is -29.95%. Distance from 52-week low is -5.01% and -54.33% from its 52-week high. The company has generated returns on investments over the last 12 months (-15.86%).
The EPS is expected to grow by 18.83% this year
The shares outstanding are 184.03M, and float is at 181.02M with Short Float at 3.72%.
The top institutional shareholder in the company is FMR LLC with over 17.62 million shares valued at $780.46 million. The investor’s holdings represent 9.6503 of the LEGN Shares outstanding. As of 2024-06-30, the second largest holder is PRICE T ROWE ASSOCIATES INC /MD/ with 11.49 million shares valued at $508.86 million to account for 6.292 of the shares outstanding. The other top investors are RA CAPITAL MANAGEMENT, L.P. which holds 7.51 million shares representing 4.1111 and valued at over $332.48 million, while HHLR ADVISORS, LTD. holds 3.6344 of the shares totaling 6.64 million with a market value of $293.93 million.
Legend Biotech Corp ADR (LEGN) Insider Activity
Still, SEC filings show that on Mar 25 ’25, Huang Ying (Officer) Proposed Sale 4,064 shares at an average price of $35.28 for $0.14 million. The insider now directly holds shares of Legend Biotech Corp ADR (LEGN).
