Detailed Review Of Prospects For Zomedica Corp Stock

Zomedica Corp [ZOM] stock prices are down -10.71% to $0.14 at the moment. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The ZOM shares have gain 12.98% over the last week, with a monthly amount glided 3.83%, and seem to be holding up well over a long-time horizon.

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Sponsored

On 8, February 2024, Zomedica Announces Sponsorship of Educational Presentations at Major Veterinary Health Conferences. In a post published today on Yahoo Finance, Zomedica Corp. (NYSE American:ZOM) (“Zomedica” or the “Company”), a veterinary health company offering point-of-care diagnostic and therapeutic products for equine and companion animals, today announced the continuation of its veterinary education mission through recent and upcoming presentations at the Veterinary Meeting and Expo (“VMX”) and Western Veterinary Conference (“WVC”) meetings.

From an analyst’s perspective:

Zomedica Corp [AMEX: ZOM] stock has seen the most recent analyst activity on January 06, 2023, when Dawson James initiated its Buy rating and assigned the stock a price target of $6.

The stock price of Zomedica Corp [ZOM] has been fluctuating between $0.12 and $0.27 over the past year. Zomedica Corp [AMEX: ZOM] shares were valued at $0.14 at the most recent close of the market.

Analyzing the ZOM fundamentals

The Zomedica Corp [AMEX:ZOM] reported sales of 24.01M for trailing twelve months, representing a surge of 32.89%. Gross Profit Margin for this corporation currently stands at 0.69% with Operating Profit Margin at -1.06%, Pretax Profit Margin comes in at -0.74%, and Net Profit Margin reading is -0.62%. To continue investigating profitability, this company’s Return on Assets is posted at -0.05, Equity is -0.06 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.01.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.1294 points at the first support level, and at 0.1205 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1529, and for the 2nd resistance point, it is at 0.1675.

Zomedica Corp [ZOM] reported earnings per share of $0 for its fiscal quarter that ended on 9/29/2023.

Ratios To Look Out For

It’s worth pointing out that Zomedica Corp [AMEX:ZOM]’s Current Ratio is 17.12. In addition, the Quick Ratio stands at 16.57 and the Cash Ratio stands at 3.23. Considering the valuation of this stock, the price to sales ratio is 5.65, the price to book ratio is 0.52.

Transactions by insiders

Recent insider trading involved POWERS JOHNNY D, Director, that happened on Dec 15 when 100000.0 shares were purchased. CEO, HEATON LARRY C II completed a deal on Nov 17 to buy 100000.0 shares. Meanwhile, Director POWERS JOHNNY D bought 100000.0 shares on Nov 17.

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