A stock’s 52-week high and low prices can offer a wealth of information about its current standing and prospective future performance. Zai Lab Limited ADR’s current trading price is -7.10% away from its 52-week high, while its distance from the 52-week low is 152.23%. The stock’s price range for this time frame has been between $13.48 and $36.60. The trading volume of the company’s shares in the Healthcare reached around 1.93 million for the day, which was evidently higher than the average daily volume of 0.78 million over the last three months.
Zai Lab Limited ADR’s stock market performance has been consistent. The 1-year high for the company’s stock was recorded at $36.60 on 10/24/24, with the lowest value being $13.48 on 04/18/24.
How Financial Performance Impacts Market Capitalization
Zai Lab Limited ADR (ZLAB) has experienced a quarterly rise of 20.87% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 3.71B and boasts a workforce of 1869 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 28.06, with a change in price of +7.65. Similarly, Zai Lab Limited ADR recorded 936,617 in trading volume during the last 100 days, posting a change of +29.03%.
How ZLAB’s Debt-to-Equity Ratio Affects Financial Health
A company’s financial condition and market reputation can be evaluated using the debt-to-equity (D/E) ratio. This ratio, calculated by dividing a company’s total liabilities by its shareholders’ equity, indicates the proportion of debt a company employs to back its assets in relation to its shareholders’ equity. At the time of writing, the total D/E ratio for ZLAB stands at 0.18. Similarly, the long-term debt-to-equity ratio is also 0.02.
ZLAB Stock Stochastic Average
Zai Lab Limited ADR’s raw stochastic average for the past 50 days is currently at 84.27%. This represents a surge from the raw stochastic average of the last 20 days, which was recorded at 80.67%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 75.14% and 79.78%, respectively.
ZLAB Stock Price Performance Analysis
The stock price performance this year has been a mixed bag, which means people have different opinions about whether it’s been good or bad. Some may see it as optimistic, while others may view it as pessimistic. Year to date metric has recorded a gain of 29.82%.However, over the last six months, we can see a weaker performance of 73.91%. Over the last 30 days, the price of ZLAB has fallen by 25.05%. And in the last five days, it has surged by 0.27%.
