Now Is The Time To Build A Position In Zai Lab Limited ADR (NASDAQ:ZLAB)

Zai Lab Limited ADR (NASDAQ:ZLAB)’s traded shares stood at 0.55 million during the latest session, with the company’s beta value hitting 1.15. At the last check today, the stock’s price was $18.23, to imply an increase of 1.50% or $0.27 in intraday trading. The ZLAB share’s 52-week high remains $37.92, putting it -108.01% down since that peak but still an impressive 26.06% since price per share fell to its 52-week low of $13.48. The company has a valuation of $1.80B, with an average of 625.92K shares over the past 3 months.

Zai Lab Limited ADR (NASDAQ:ZLAB) trade information

After registering a 1.50% upside in the latest session, Zai Lab Limited ADR (ZLAB) has traded red over the past five days. The stock hit a weekly high of 19.48, jumping 1.50% in its intraday price action. The 5-day price performance for the stock is -9.57%, and 15.38% over 30 days. With these gigs, the year-to-date price performance is -33.30%.

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Zai Lab Limited ADR (ZLAB) estimates and forecasts

Looking at statistics comparing Zai Lab Limited ADR share performance against respective industry, we note that the company has underperformed competitors. Zai Lab Limited ADR (ZLAB) shares are -34.92% down over the last 6 months, with its year-to-date growth rate lower than industry average at 12.57% against 15.40%. The rating firms project that company’s revenue will grow 47.80% compared to the previous financial year.

Revenue forecast for the current quarter as set by 6 analysts is 91.1M. Meanwhile, for the current quarter, a total of 6 analyst(s) estimate revenue growth to 100.54M.Earnings reports from the last fiscal year show that sales brought in 70.65M and 69.23M respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 28.90% before jumping 45.20% in the following quarter.

ZLAB Dividends

Zai Lab Limited ADR has its next earnings report out in June. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Zai Lab Limited ADR has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.