Zhengye Biotechnology Holding Ltd’s market performance has been stable in recent times.
52-week price history of ZYBT Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Zhengye Biotechnology Holding Ltd’s current trading price is -41.26% away from its 52-week high, while its distance from the 52-week low is 140.00%. The stock’s price range during the 52-week period has remained between $3.50 and $14.30. In the Healthcare sector, the company’s shares saw a trading volume of around 0.59 million for the day, which was evidently higher than the average daily volume of 0.36 million over the past three months.
Market Capitalization and Financial Performance: An In-Depth Look
Zhengye Biotechnology Holding Ltd (ZYBT) has experienced a quarterly rise of 13.36% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 398.08M and boasts a workforce of 277 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.16, with a change in price of +4.37. Similarly, Zhengye Biotechnology Holding Ltd recorded 430,183 in trading volume during the last 100 days, posting a change of +108.44%.
Examining ZYBT’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for ZYBT stands at 0.30. Similarly, the long-term debt-to-equity ratio is also 0.02.
ZYBT Stock Stochastic Average
As of today, Zhengye Biotechnology Holding Ltd’s raw stochastic average for the last 50 days stands at 74.61%. This is a decline compared to the raw stochastic average of the previous 20 days, which was noted at 96.96%. Furthermore, the company’s Stochastic %K and %D values for the past 20 days were 69.95% and 43.86%, respectively.
ZYBT Stock Price Performance Analysis
Depending on how one views it, the stock price performance for the year has been a mixed bag, resulting in either an optimistic or pessimistic outlook.
