In the latest trading session,, 12.35 million Zomedica Corp (AMEX:ZOM) shares changed hands as the company’s beta touched 1.07. With the company’s most recent per share price at $0.15 changing hands around $0.01 or 8.71% at last look, the market valuation stands at $149.15M. ZOM’s current price is a discount, trading about -53.33% off its 52-week high of $0.23. The share price had its 52-week low at $0.12, which suggests the last value was 20.0% up since then. When we look at Zomedica Corp’s average trading volume, we note the 10-day average is 7.97 million shares, with the 3-month average coming to 4.24 million.
Analysts gave the Zomedica Corp (ZOM) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.00. If we narrow down to specifics, the data shows that 0 out of 2 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 0 recommended ZOM as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Zomedica Corp’s EPS for the current quarter is expected to be 0.
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Zomedica Corp (AMEX:ZOM) trade information
Instantly ZOM is in green as seen in intraday trades today. With action 25.06%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -23.98%, with the 5-day performance at 25.06% in the green. However, in the 30-day time frame, Zomedica Corp (AMEX:ZOM) is 22.45% up. Looking at the short shares, we see there were 51.14 million shares sold at short interest cover period of 17.24 days.
Zomedica Corp (ZOM) estimates and forecasts
Year-over-year growth is forecast to reach 35.40% up from the last financial year.
Consensus estimates given by 1 financial analysts project the company’s revenue in the current quarter to hit an average of 6.26M. 1 analysts are of the opinion that Zomedica Corp’s revenue for the current quarter will be 6.13M. The company’s revenue for the corresponding quarters a year ago was 5.48M and 6.02M respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 14.20%. The estimates for the next quarter sales put growth at 1.80%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 27.70%. The 2024 estimates are for Zomedica Corp earnings to decrease by -37.14%.
ZOM Dividends
Zomedica Corp is expected to release its next quarterly earnings report on 2024-May-09.
Zomedica Corp (AMEX:ZOM)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 1.78% of Zomedica Corp shares while 8.33% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 8.48%. There are 8.33% institutions holding the Zomedica Corp stock share, with VANGUARD GROUP INC the top institutional holder. As of 2024-06-30, the company held 3.054% of the shares, roughly 29.93 million ZOM shares worth $382.18 million.
BLACKROCK INC. holds the second largest percentage of outstanding shares, with 2.6742% or 26.21 million shares worth $334.65 million as of 2024-06-30.