Kazia Therapeutics Limited ADR [NASDAQ: KZIA] loss -5.25% or -0.02 points to close at $0.35 with a heavy trading volume of 21576142 shares.
The daily chart for KZIA points out that the company has recorded 54.55% gains over the past six months.
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If we look at the average trading volume of 12.94M shares, KZIA reached to a volume of 21576142 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Kazia Therapeutics Limited ADR [KZIA]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KZIA shares is $2.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KZIA stock is a recommendation set at 1.00. 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.
Maxim Group have made an estimate for Kazia Therapeutics Limited ADR shares, keeping their opinion on the stock as Buy, with their previous recommendation back on October 14, 2021. While these analysts kept the previous recommendation, H.C. Wainwright raised their target price to Buy. The new note on the price target was released on January 05, 2021, representing the official price target for Kazia Therapeutics Limited ADR stock.
The Average True Range (ATR) for Kazia Therapeutics Limited ADR is set at 0.05 The Price to Book ratio for the last quarter was 2.54, with the Price to Cash per share for the same quarter was set at 0.10.
Trading performance analysis for KZIA stock
Kazia Therapeutics Limited ADR [KZIA] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -15.49. With this latest performance, KZIA shares dropped by -12.28% in over the last four-week period, additionally plugging by 54.55% over the last 6 months – not to mention a drop of -68.50% 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 KZIA stock in for the last two-week period is set at 44.77, with the RSI for the last a single of trading hit 40.59, and the three-weeks RSI is set at 47.00 for Kazia Therapeutics Limited ADR [KZIA]. The present Moving Average for the last 50 days of trading for this stock 0.4187, while it was recorded at 0.3655 for the last single week of trading, and 0.3460 for the last 200 days.
Kazia Therapeutics Limited ADR [KZIA]: A deeper dive into fundamental analysis
Kazia Therapeutics Limited ADR’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.71 and a Current Ratio set at 0.71.
An analysis of Institutional ownership at Kazia Therapeutics Limited ADR [KZIA]
The top three institutional holders of KZIA stocks are: MORGAN STANLEY with ownership of 0.2 million shares, which is approximately 0.8386%. BNP PARIBAS ARBITRAGE, SNC, holding 63568.0 shares of the stock with an approximate value of $$14532.0 in KZIA stocks shares; and BNP PARIBAS ARBITRAGE, SNC, currently with $$9457.0 in KZIA stock with ownership which is approximately 0.173%.
