We Just Learned Something New About Zura Bio Ltd (NASDAQ: ZURA) This Week With Its 18.00% Gain

During the last session, Zura Bio Ltd (NASDAQ:ZURA)’s traded shares were 3.15 million, with the beta value of the company hitting 0.16. At the end of the trading day, the stock’s price was $4.13, reflecting an intraday gain of 6.44% or $0.25. The 52-week high for the ZURA share is $7.22, that puts it down -74.82 from that peak though still a striking 51.57% gain since the share price plummeted to a 52-week low of $2.00. The company’s market capitalization is $263.37M, and the average intraday trading volume over the past 10 days was 0.56 million shares, and the average trade volume was 333.96K shares over the past three months.

Zura Bio Ltd (ZURA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. ZURA has a Sell rating from 0 analyst(s) out of 11 analysts who have looked at this stock. 2 analyst(s) recommend to Hold the stock while 1 suggest Overweight, and 8 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.12.

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Zura Bio Ltd (NASDAQ:ZURA) trade information

Zura Bio Ltd (ZURA) registered a 6.44% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 6.44% in intraday trading to $4.13, hitting a weekly high. The stock’s 5-day price performance is 18.00%, and it has moved by 18.68% in 30 days. Based on these gigs, the overall price performance for the year is -33.23%. The short interest in Zura Bio Ltd (NASDAQ:ZURA) is 0.66 million shares and it means that shorts have 2.02 day(s) to cover.

The consensus price target of analysts on Wall Street is $5, which implies an increase of 17.4% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $5 and $5 respectively. As a result, ZURA is trading at a discount of -21.07% off the target high and -21.07% off the low.

Zura Bio Ltd (ZURA) estimates and forecasts

Statistics show that Zura Bio Ltd has outperformed its competitors in share price, compared to the industry in which it operates. Zura Bio Ltd (ZURA) shares have gone up 34.09% during the last six months, with a year-to-date growth rate more than the industry average at 77.51% against 17.20. Yet analysts are ramping up their growth forecast for the fiscal year 2024. Revenue is predicted to grow 33.30% this quarter and then jump 26.30% in the quarter after that.

While earnings are projected to return 75.60% in 2024.

ZURA Dividends

Zura Bio Ltd is due to release its next quarterly earnings in October. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Zura Bio Ltd (NASDAQ:ZURA)’s Major holders

Zura Bio Ltd insiders own 41.92% of total outstanding shares while institutional holders control 59.40%, with the float percentage being 102.28%.