Biohaven Pharmaceutical Holding Company Ltd. [NYSE: BHVN] jumped around 3.98 points on Wednesday, while shares priced at $72.01 at the close of the session, up 5.85%. Biohaven Pharmaceutical Holding Company Ltd. stock is now 32.27% up from its year-to-date (YTD) trading value. BHVN Stock saw the intraday high of $72.74 and lowest of $68.47 per share. The company’s 52-week high price is 70.13, which means current price is +171.12% above from all time high which was touched on 06/17/20.
Compared to the average trading volume of 925.04K shares, BHVN reached a trading volume of 1823949 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say about Biohaven Pharmaceutical Holding Company Ltd. [BHVN]?
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for BHVN shares is $73.70 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on BHVN stock is a recommendation set at 1.70. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Cowen have made an estimate for Biohaven Pharmaceutical Holding Company Ltd. shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on April 17, 2020. The new note on the price target was released on February 10, 2020, representing the official price target for Biohaven Pharmaceutical Holding Company Ltd. stock.
The Average True Range (ATR) for Biohaven Pharmaceutical Holding Company Ltd. is set at 3.89, with the Price to Sales ratio for BHVN stock in the period of the last 12 months amounting to 3289.06. The Price to Book ratio for the last quarter was 33.34, with the Price to Cash per share for the same quarter was set at 7.81.
How has BHVN stock performed recently?
Biohaven Pharmaceutical Holding Company Ltd. [BHVN] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 8.01. With this latest performance, BHVN shares gained by 42.65% in over the last four-week period, additionally plugging by 30.62% over the last 6 months – not to mention a rise of 64.33% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for BHVN stock in for the last two-week period is set at 70.29, with the RSI for the last a single of trading hit 70.42, and the three-weeks RSI is set at 68.24 for Biohaven Pharmaceutical Holding Company Ltd. [BHVN]. The present Moving Average for the last 50 days of trading for this stock 51.66, while it was recorded at 67.24 for the last single week of trading, and 47.96 for the last 200 days.
Biohaven Pharmaceutical Holding Company Ltd. [BHVN]: Deeper insight into the fundamentals
Return on Total Capital for BHVN is now -188.35, given the latest momentum, and Return on Invested Capital for the company is -207.88. Return on Equity for this stock declined to -737.03, with Return on Assets sitting at -166.74. Additionally, BHVN Total Debt to Total Capital is recorded at 103.09, with Total Debt to Total Assets ending up at 71.97.
Reflecting on the efficiency of the workforce at the company, Biohaven Pharmaceutical Holding Company Ltd. [BHVN] managed to generate an average of -$817,318 per employee.Biohaven Pharmaceutical Holding Company Ltd.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 3.80 and a Current Ratio set at 3.90.
Earnings analysis for Biohaven Pharmaceutical Holding Company Ltd. [BHVN]
With the latest financial reports released by the company, Biohaven Pharmaceutical Holding Company Ltd. posted -4.67/share EPS, while the average EPS was predicted by analysts to be reported at -1.92/share.When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -143.20%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for BHVN.
Insider trade positions for Biohaven Pharmaceutical Holding Company Ltd. [BHVN]
There are presently around $4,008 million, or 97.21% of BHVN stock, in the hands of institutional investors. The top three institutional holders of BHVN stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 6,003,735, which is approximately 105.487% of the company’s market cap and around 9.40% of the total institutional ownership; BLACKROCK INC., holding 3,271,169 shares of the stock with an approximate value of $222.54 million in BHVN stocks shares; and WELLINGTON MANAGEMENT GROUP LLP, currently with $212.14 million in BHVN stock with ownership of nearly 102.536% of the company’s market capitalization.
Positions in Biohaven Pharmaceutical Holding Company Ltd. stocks held by institutional investors increased at the end of May and at the time of the May reporting period, where 104 institutional holders increased their position in Biohaven Pharmaceutical Holding Company Ltd. [NYSE:BHVN] by around 15,349,196 shares. Additionally, 92 investors decreased positions by around 5,522,904 shares, while 28 investors held positions by with 38,038,799 shares. The mentioned changes placed institutional holdings at 58,910,899 shares, according to the latest SEC report filing. BHVN stock had 33 new institutional investments in for a total of 3,370,099 shares, while 43 institutional investors sold positions of 1,920,035 shares during the same period.