Assessing Whether Kazia Therapeutics Limited ADR (NASDAQ: KZIA) Is Over- Or Undervalued

Kazia Therapeutics Limited ADR (KZIA) concluded trading on Thursday at a closing price of $0.53, with 16.83 million shares of worth about $8.92 million changed hands on the day. Half year performance of the stock remained positive as price took a surge of 52.20% during that period and on October 17, 2024 the price saw a gain of about 58.04%. Currently the company’s common shares owned by public are about 23.63M shares, out of which, 23.62M shares are available for trading.

Stock saw a price change of 30.74% in past 5 days and over the past one month there was a price change of 54.97%. Year-to-date (YTD), KZIA shares are showing a performance of 19.89% which decreased to -20.18% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $0.19 but also hit the highest price of $1.58 during that period. The average intraday trading volume for Kazia Therapeutics Limited ADR shares is 1.60 million. The stock is currently trading 33.79% above its 20-day simple moving average (SMA20), while that difference is up 37.64% for SMA50 and it goes to 56.16% higher than SMA200.

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Kazia Therapeutics Limited ADR (NASDAQ: KZIA) currently have 23.63M outstanding shares and institutions hold larger chunk of about 1.66% of that.

The stock has a current market capitalization of $12.45M and its 3Y-monthly beta is at 2.12. It has posted earnings per share of -$0.44 in the same period. It has Quick Ratio of 0.71 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for KZIA, volatility over the week remained 17.83% while standing at 10.78% over the month.

Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Maxim Group on October 14, 2021 offering a Buy rating for the stock and assigned a target price of $18 to it. Coverage by H.C. Wainwright stated Kazia Therapeutics Limited ADR (KZIA) stock as a Buy in their note to investors on January 05, 2021, suggesting a price target of $17 for the stock.

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