In yesterday’s Wall Street session, Zomedica Corp (AMEX:ZOM) shares traded at $0.17, up 4.01% from the previous session.
ZOM stock price is now 22.93% away from the 50-day moving average and 3.26% away from the 200-day moving average. The market capitalization of the company currently stands at $165.12M.
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With the price target of $6, Dawson James recently initiated with Buy rating for Zomedica Corp (AMEX: ZOM).
In other news, POWERS JOHNNY D, Director bought 100,000 shares of the company’s stock on Dec 15 ’23. The stock was bought for $16,500 at an average price of $0.17. Upon completion of the transaction, the Director now directly owns 1,950 shares in the company, valued at $331.5. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 17 ’23, Director POWERS JOHNNY D bought 100,000 shares of the business’s stock. A total of $16,600 was incurred on buying the stock at an average price of $0.17. This leaves the insider owning 1,850,000 shares of the company worth $0.31 million. A total of 1.59% of the company’s stock is owned by insiders.
During the past 12 months, Zomedica Corp has had a low of $0.12 and a high of $0.25. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 11.06, and a quick ratio of 10.49.
According to the Medical Devices Company, earnings per share came in at -0.01, missing analysts’ expectations of 0 by -0.01. This compares to $0.00 EPS in the same period last year. The net profit margin was -137.10% and return on equity was -13.61% for ZOM. The company reported revenue of $7.34 million for the quarter, compared to $6.16 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 19.17 percent. For the current quarter, analysts expect ZOM to generate $8.18M in revenue.
