The stock of Zentalis Pharmaceuticals Inc (NASDAQ:ZNTL) last traded at $5.25, up 26.81% from the previous session.
ZNTL stock price is now -54.83% away from the 50-day moving average and -63.69% away from the 200-day moving average. The market capitalization of the company currently stands at $372.80M.
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With the price target reduced from $28 to $5, UBS Downgraded its rating from Buy to Neutral for Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL). , while ‘Wedbush’ rates the stock as ‘Underperform’
In other news, Gallagher Cam, President, Interim CFO sold 9,597 shares of the company’s stock on May 31 ’24. The stock was sold for $114,972 at an average price of $11.98. Upon completion of the transaction, the President, Interim CFO now directly owns 633,680 shares in the company, valued at $3.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On May 09 ’24, Chief Medical Officer HAUSMAN DIANA sold 3,356 shares of the business’s stock. A total of $42,353 was realized by selling the stock at an average price of $12.62. This leaves the insider owning 373,876 shares of the company worth $1.96 million. A total of 12.31% of the company’s stock is owned by insiders.
During the past 12 months, Zentalis Pharmaceuticals Inc has had a low of $3.93 and a high of $30.53. As of last week, the company has a debt-to-equity ratio of 0.10, a current ratio of 9.19, and a quick ratio of 9.19. The fifty day moving average price for ZNTL is $11.4128 and a two-hundred day moving average price translates $14.34845 for the stock.
The latest earnings results from Zentalis Pharmaceuticals Inc (NASDAQ: ZNTL) was released for 2024-03-31. The net profit margin was -539.70% and return on equity was -51.86% for ZNTL.
