This is why BeiGene Ltd ADR (ONC) Stock is one of the options for the Longer run

BeiGene Ltd ADR [ONC] stock prices are up 2.31% to $210.08 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The ONC shares have gain 18.88% over the last week, with a monthly amount glided 19.14%, and seem to be holding up well over a long-time horizon.

From an analyst’s perspective:

Previously, JMP Securities started tracking the stock with Mkt Outperform rating on September 18, 2024, and set its price target to $288. Macquarie started tracking the stock assigning a Outperform rating and suggested a price target of $259 on September 12, 2023. Jefferies initiated its recommendation with a Buy and recommended $287 as its price target on August 17, 2023. Citigroup started tracking with a Buy rating for this stock on July 17, 2023, and assigned it a price target of $275. In a note dated June 30, 2023, Bernstein downgraded an Mkt Perform rating on this stock and revised its target price from $335 to $196.

The stock price of BeiGene Ltd ADR [ONC] has been fluctuating between $126.97 and $248.16 over the past year. BeiGene Ltd ADR [NASDAQ: ONC] shares were valued at $210.08 at the most recent close of the market.

Analyzing the ONC fundamentals

The BeiGene Ltd ADR [NASDAQ:ONC] reported sales of 3.32B for trailing twelve months, representing a surge of 28.20%.

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 206.30 points at the first support level, and at 202.52 for the second support level. However, for the 1st resistance point, the stock is sitting at 212.91, and for the 2nd resistance point, it is at 215.74.

Ratios To Look Out For

It’s worth pointing out that BeiGene Ltd ADR [NASDAQ:ONC]’s Current Ratio is 1.93. Also, the Quick Ratio is 1.72. Considering the valuation of this stock, the price to sales ratio is 6.19, the price to book ratio is 6.52.

Transactions by insiders

Recent insider trading involved Wang Xiaodong, Chair, Scientific Advisory Brd, that happened on Jan 07 ’25 when 41760.0 shares were sold. Director, XIAODONG WANG completed a deal on Jan 07 ’25 to buy 0.13 million shares. Meanwhile, Chair, Scientific Advisory Brd Wang Xiaodong sold 41760.0 shares on Dec 10 ’24.

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