Zhengye Biotechnology Holding Ltd (NASDAQ:ZYBT) does about 193.00K shares in volume on a normal day but saw 888339 shares change hands in the recent trading day. The company now has a market cap of 476.74M USD. Its current market price is $10.06, marking an increase of 32.02% compared to the previous close of $7.62. The 52 week high reached by this stock is $10.00 whilst the lowest price level in 52 weeks is $3.50.
Zhengye Biotechnology Holding Ltd (ZYBT) has a 20-day trading average at $5.46 and the current price is 0.60% off the 52-week high compared with 187.43% distance from its 52-week low. The 50-day simple moving average of the closing price is $4.86. If we look at the stock’s price movements over the week, volatility stands at 34.89%, which decreases to 31.23% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 76.90 to suggest the stock is overbought.
The current price level is 84.11%, 106.93%, and 111.98% away from its SMA20, SMA50, and SMA200 respectively, with the ZYBT price moving below the 50-day SMA on current market day. Zhengye Biotechnology Holding Ltd (ZYBT) stock is up 151.50% over the week and 114.50% over the past month. Its price is 107.00% year-to-date.
The company’s next earnings report forecasts estimating quarterly EPS at 0 and 0 for whole year.
Outstanding shares total 47.17M with insiders holding 91.64% of the shares and institutional holders owning 0.02% of the company’s common stock. The company has a return on investment of 7.24% and return on equity of 7.51%. The price to earnings ratio (P/E ratio) amounts to 169.08. Price to book ratio is 12.24 and price to sales ratio is 18.15.
