Stocks of Zomedica Corp (AMEX:ZOM) traded higher last session on Wall Street, down -2.44% to $0.13.
ZOM stock price is now -12.67% away from the 50-day moving average and -15.61% away from the 200-day moving average. The market capitalization of the company currently stands at $125.53M.
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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, Blair Anthony K, COO bought 100,000 shares of the company’s stock on Aug 20 ’24. The stock was bought for $14,200 at an average price of $0.14. Upon completion of the transaction, the COO now directly owns 250,000 shares in the company, valued at $32500.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 12 ’24, Vice President of Sales Klass Russell Kevin bought 299,993 shares of the business’s stock. A total of $46,529 was incurred on buying the stock at an average price of $0.16. This leaves the insider owning 2,000,050 shares of the company worth $0.26 million. A total of 1.76% 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 $0.23. As of last week, the company has a debt-to-equity ratio of 0.01, a current ratio of 11.39, and a quick ratio of 10.68. The fifty day moving average price for ZOM is $0.14626 and a two-hundred day moving average price translates $0.151565 for the stock.
The latest earnings results from Zomedica Corp (AMEX: ZOM) was released for 2024-06-30. The net profit margin was -214.70% and return on equity was -23.92% for ZOM. The company reported revenue of $6.13 million for the quarter, compared to $6.02 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 1.84 percent.
