Stocks of Zomedica Corp (AMEX:ZOM) traded higher last session on Wall Street, unchanged to $0.12.
ZOM stock price is now -4.24% away from the 50-day moving average and -12.87% away from the 200-day moving average. The market capitalization of the company currently stands at $119.26M.
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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, HEATON LARRY C II, CEO bought 100,000 shares of the company’s stock on Sep 05 ’24. The stock was bought for $12,500 at an average price of $0.12. Upon completion of the transaction, the CEO now directly owns 400,000 shares in the company, valued at $48000.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Aug 28 ’24, Director POWERS JOHNNY D bought 100,000 shares of the business’s stock. A total of $12,900 was incurred on buying the stock at an average price of $0.13. This leaves the insider owning 2,325,000 shares of the company worth $0.28 million. A total of 1.78% 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 $0.1272 and a two-hundred day moving average price translates $0.139765 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.
