Zomedica Corp (ZOM) Stock: A Closer Look

Zomedica Corp [ZOM] stock prices are up 6.76% to $0.14 at the moment. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ZOM shares have gain 4.51% over the last week, with a monthly amount glided 2.13%, and seem to be holding up well over a long-time horizon.

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On 13, March 2024, Zomedica Provides NYSE American Listing Update. 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 diagnostics and therapeutic products for equine and companion animals, today announced that it is continuing dialogue with senior regulatory staff at the NYSE American regarding next steps to regaining compliance with its listing standards. Zomedica shares will remain listed on the NYSE American at this time.

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 $0.26 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 0.1342 points at the first support level, and at 0.1294 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.1414, and for the 2nd resistance point, it is at 0.1438.

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. Further, the Quick Ratio stands at 16.57, while the Cash Ratio is 3.23. Considering the valuation of this stock, the price to sales ratio is 5.67, the price to book ratio is 0.52.

Transactions by insiders

Recent insider trading involved POWERS JOHNNY D, Director, that happened on Dec 15 ’23 when 100000.0 shares were purchased. Director, POWERS JOHNNY D completed a deal on Nov 17 ’23 to buy 100000.0 shares. Meanwhile, CEO HEATON LARRY C II bought 100000.0 shares on Nov 17 ’23.

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