In yesterday’s Wall Street session, Azenta Inc (NASDAQ:AZTA) shares traded at $45.16, down -0.81% from the previous session.
AZTA stock price is now -0.13% away from the 50-day moving average and -14.48% away from the 200-day moving average. The market capitalization of the company currently stands at $2.19B.
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With the price target of $64, Jefferies recently initiated with Hold rating for Azenta Inc (NASDAQ: AZTA). On February 01, 2024, B. Riley Securities reiterated its ‘Buy’ rating on the stock by increasing its target price from $61 to quote $79, while ‘Raymond James’ rates the stock as ‘Mkt Perform’
In other news, Pirogova Olga, SVP and CHRO sold 548 shares of the company’s stock on Nov 19 ’24. The stock was sold for $21,958 at an average price of $40.07. Upon completion of the transaction, the SVP and CHRO now directly owns 19,373 shares in the company, valued at $0.87 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 19 ’24, VP, Chief Accounting Officer Hughes Violetta sold 163 shares of the business’s stock. A total of $6,531 was realized by selling the stock at an average price of $40.07. This leaves the insider owning 9,920 shares of the company worth $0.45 million. A total of 2.59% of the company’s stock is owned by insiders.
During the past 12 months, Azenta Inc has had a low of $38.82 and a high of $69.16. As of last week, the company has a debt-to-equity ratio of 0.03, a current ratio of 4.07, and a quick ratio of 3.50. The fifty day moving average price for AZTA is $45.221 and a two-hundred day moving average price translates $52.80555 for the stock.
The latest earnings results from Azenta Inc (NASDAQ: AZTA) was released for 2024-09-30. The net profit margin was -25.01% and return on equity was -7.63% for AZTA. The company reported revenue of $170.06 million for the quarter, compared to $172.36 million a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue fell -1.33 percent.
