Zhengye Biotechnology Holding Ltd’s stock has seen a smooth market performance.
52-week price history of ZYBT Stock
A stock’s 52-week high and low prices can reveal a great deal about its present condition and potential future performance. Zhengye Biotechnology Holding Ltd’s current trading price is -33.64% away from its 52-week high, while its distance from the 52-week low is 171.14%. The stock’s price range during this period has fluctuated between $3.50 and $14.30. Shares of the company, which operates in the Healthcare sector, recorded a trading volume of around 1.03 million for the day, which was evidently higher than the average daily volume of 0.27 million over the last three months.
Financial Performance and Market Capitalization
Zhengye Biotechnology Holding Ltd (ZYBT) has experienced a quarterly rise of 22.45% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 449.73M and boasts a workforce of 277 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.25, with a change in price of +4.09. Similarly, Zhengye Biotechnology Holding Ltd recorded 391,353 in trading volume during the last 100 days, posting a change of +75.74%.
ZYBT Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its 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
The raw stochastic average for Zhengye Biotechnology Holding Ltd over the last 50 days is presently at 82.92%. This reflects a surge from the raw stochastic average of the previous 20 days, which was noted at 82.79%. Further, the company’s Stochastic %K and %D values for the last 20 days were 78.46% and 75.63%, 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.
