Zymeworks Inc Reports Q2 2024 Earnings EPS of -0.49, Revenue of 19.2 Million
ZYME Stock | USD 14.50 0.41 2.91% |
About 55% of Zymeworks Common's investor base is interested to short. The analysis of the overall investor sentiment regarding Zymeworks Common Stock suggests that many traders are impartial. The current market sentiment, together with Zymeworks Common's historical and current headlines, can help investors time the market. In addition, many technical investors use Zymeworks Common Stock stock news signals to limit their universe of possible portfolio assets.
Zymeworks |
Revenue 19.2 million for Q2 2024, significantly surpassing the previous years Q2 revenue of 7.0 million.Net Loss 37.7 million for Q2 2024, an improvement
Read at gurufocus.com
Zymeworks Common Investor Sentiment by Other News Outlets
Investor sentiment, mood or attitude towards Zymeworks Common 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.
Note that negative investor sentiment can cause investors to sell stocks, leading to a decrease in demand and a drop in the stock price. Negative sentiment can be driven by factors such as poor earnings reports, negative news about the company or industry, or broader economic concerns. It's important to note that investor sentiment is just one of many factors that can affect stock prices. Other factors, such as company performance, industry trends, and global economic conditions, can also play a significant role in determining the value of a stock.
Zymeworks Common Fundamental Analysis
We analyze Zymeworks Common's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Zymeworks Common using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Zymeworks Common 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.
Operating Margin
Operating Margin Comparative Analysis
Zymeworks Common is currently under evaluation in operating margin category among its peers. Operating Margin shows how much operating income a company makes on each dollar of sales. It is one of the profitability indicators which helps analysts to understand whether the firm is successful or not making money from everyday operations.
Zymeworks Common Stock 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 Zymeworks Common stock to make a market-neutral strategy. Peer analysis of Zymeworks Common could also be used in its relative valuation, which is a method of valuing Zymeworks Common by comparing valuation metrics with similar companies.
Peers
Zymeworks Common Related Equities
CABA | Cabaletta Bio | 8.12 | ||||
APLS | Apellis Pharmaceuticals | 4.39 | ||||
TVTX | Travere Therapeutics | 4.04 | ||||
INZY | Inozyme Pharma | 2.95 | ||||
BLUE | Bluebird Bio | 2.44 | ||||
ZNTL | Zentalis Pharmaceuticals | 1.39 | ||||
BPMC | Blueprint Medicines | 1.29 | ||||
ARWR | Arrowhead Pharmaceuticals | 1.19 | ||||
MRSN | Mersana Therapeutics | 0.88 | ||||
SNDX | Syndax Pharmaceuticals | 0.12 | ||||
AKRO | Akero Therapeutics | 0.28 | ||||
STOK | Stoke Therapeutics | 0.33 | ||||
RLAY | Relay Therapeutics | 0.64 | ||||
DAWN | Day One | 0.65 | ||||
YMAB | Y MAbs | 1.09 | ||||
PTGX | Protagonist Therapeutics | 1.23 | ||||
TERN | Terns Pharmaceuticals | 1.44 | ||||
EDIT | Editas Medicine | 2.23 | ||||
ANNX | Annexon | 2.23 | ||||
CYTK | Cytokinetics | 2.37 | ||||
PRQR | ProQR Therapeutics | 2.86 | ||||
ALEC | Alector | 3.09 | ||||
RVMD | Revolution Medicines | 10.46 |
Complementary Tools for Zymeworks Stock analysis
When running Zymeworks Common's price analysis, check to measure Zymeworks Common'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 Zymeworks Common is operating at the current time. Most of Zymeworks Common's value examination focuses on studying past and present price action to predict the probability of Zymeworks Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Zymeworks Common's price. Additionally, you may evaluate how the addition of Zymeworks Common to your portfolios can decrease your overall portfolio volatility.
Transaction History View history of all your transactions and understand their impact on performance | |
FinTech Suite Use AI to screen and filter profitable investment opportunities | |
Balance Of Power Check stock momentum by analyzing Balance Of Power indicator and other technical ratios | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
CEOs Directory Screen CEOs from public companies around the world | |
Competition Analyzer Analyze and compare many basic indicators for a group of related or unrelated entities |