ZLAB Asset Movement Analysis and Earnings Overview
Live Analysis
Zai Lab Limited (ZLAB) is currently priced at 27.06, with a price change of 39 cents representing a 1.46% increase from the previous close at 26.67. The trading volume is significantly higher, standing at $3.94 million, a 485.39% increase relative to the average.
Earnings Overview
During the latest quarterly earnings release on Monday, November 11th, ZLAB experienced a price change of -4.03, a 12.96% decrease. The consensus estimate EPS was -0.78 for the third quarter of 2024. The latest quarterly revenue consensus estimate was 102.24 million.
Ratios
Key financial ratios for ZLAB include a quick ratio of 3.29, cash ratio of 2.9, and a gross profit margin of 64.94%. The operating profit margin is -75.68%, with a net profit margin also at -79.87%. Return on assets and return on equity stand at -8.13% and -11.4% respectively. The debt ratio is 8.48, while the debt equity ratio is 11.88. ZLAB's price to book ratio is 2.4, and the price to sales ratio is 16.79.
In summary, Zai Lab Limited (ZLAB) has shown positive price movement in the current session, with notable trading volume. However, the earnings report indicated a decrease in price and challenging profit margins. The financial ratios provide a comprehensive view of the company's performance metrics. Investors should monitor these factors closely to make informed decisions regarding ZLAB.