Enzo Biochem, Inc. Sees Significant Decline in Short Interest
| ENZ Stock | USD 1.07 0.01 0.93% |
Slightly above 55% of Enzo Biochem's investors are presently thinking to get in. The analysis of overall sentiment of trading Enzo Biochem stock suggests that some investors are interested at this time. Enzo Biochem's investing sentiment can be driven by a variety of factors including economic data, Enzo Biochem's earnings reports, geopolitical events, and overall market trends.
Enzo |
Enzo Biochem, Inc. was the target of a significant decline in short interest in the month of November. As of November 15th, there was short interest totalling 433,000 shares, a decline of 9.3 percent from the October 31st total of 477,500 shares. Approximately 1.2 percent of the companys shares are sold short.
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Enzo Biochem Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Enzo Biochem can have a significant impact on its stock price or the market as a whole. This sentiment can be positive or negative, and various factors, such as economic indicators, news events, or market trends, can influence it. When investor sentiment is positive, investors are more likely to buy stocks, increasing demand and increasing the stock price. Positive investor sentiment can be driven by good news about the company or the broader market, such as solid earnings reports or positive economic data.
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Enzo Biochem Fundamental Analysis
We analyze Enzo Biochem's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Enzo Biochem using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Enzo Biochem based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Net Income
Net Income Comparative Analysis
Enzo Biochem is currently under evaluation in net income category among its peers. Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.
Enzo Biochem Potential Pair-trading
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Enzo Biochem stock to make a market-neutral strategy. Peer analysis of Enzo Biochem could also be used in its relative valuation, which is a method of valuing Enzo Biochem by comparing valuation metrics with similar companies.
Peers
Enzo Biochem Related Equities
| XGN | Exagen | 12.17 | ||||
| STIM | Neuronetics | 3.60 | ||||
| PMD | Psychemedics | 1.70 | ||||
| BNR | Burning Rock | 0.99 | ||||
| FONR | Fonar | 0.12 | ||||
| CSTL | Castle Biosciences | 1.97 | ||||
| DRIO | DarioHealth Corp | 2.60 | ||||
| SHC | Sotera Health | 3.17 | ||||
| SERA | Sera Prognostics | 4.89 | ||||
| BDSX | Biodesix | 5.56 |
Additional Tools for Enzo Stock Analysis
When running Enzo Biochem's price analysis, check to measure Enzo Biochem's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Enzo Biochem is operating at the current time. Most of Enzo Biochem's value examination focuses on studying past and present price action to predict the probability of Enzo Biochem's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Enzo Biochem's price. Additionally, you may evaluate how the addition of Enzo Biochem to your portfolios can decrease your overall portfolio volatility.