The trading price of Zymeworks BC Inc (NASDAQ:ZYME) closed higher on Friday, August 02, closing at $10.20, 0.89% higher than its previous close.
In examining the 52-week price action we see that the stock hit a 52-week high of $13.14 and a 52-week low of $6.01. Over the past month, the stock has gained 21.57% in value.
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Zymeworks BC Inc, whose market valuation is $730.52 million at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest ZYME has a 100% Buy on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 50% Sell, while an average of long term indicators suggests that the stock is currently 50% Buy.
A quick review shows that ZYME’s price is currently 1.65% off the SMA20 and 10.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 57.00, and weekly volatility stands at 6.68%. When measured over the past 30 days, the indicator reaches 5.24%. Zymeworks BC Inc (NASDAQ:ZYME)’s beta value is currently sitting at 1.18, while the Average True Range indicator is currently displaying 0.51.
To see how Zymeworks BC Inc stock has been performing in comparison to its peers in the industry, here are the numbers: ZYME stock’s performance was 0.89% in the latest trading, and 39.34% in the past year.
An evaluation of the daily trading volume of Zymeworks BC Inc (NASDAQ:ZYME) indicates that the 3-month average is 636.19K.
Currently, records show that 70.12 million of the company’s shares remain outstanding. The insiders hold 3.38% of outstanding shares, whereas institutions hold 94.13%. However, since the stock’s price has seen -1.83% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
