Azenta Inc. (NASDAQ:AZTA) went down by -3.05% from its latest closing price compared to the recent 1-year high of $124.79. The company’s stock price has collected -11.13% of loss in the last five trading sessions.
Is It Worth Investing in Azenta Inc. (NASDAQ :AZTA) Right Now?
Plus, the 36-month beta value for AZTA is at 1.49. Opinions of the stock are interesting as 6 analysts out of 6 who provided ratings for Azenta Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 0 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $83.83, which is $30.43 above the current price. AZTA currently public float of 73.81M and currently shorts hold a 3.61% ratio of that float. Today, the average trading volume of AZTA was 609.57K shares.
AZTA’s Market Performance
AZTA stocks went down by -11.13% for the week, with a monthly drop of -17.38% and a quarterly performance of -9.41%, while its annual performance rate touched -27.33%. The volatility ratio for the week stands at 5.23% while the volatility levels for the past 30 days are set at 4.63% for Azenta Inc. The simple moving average for the period of the last 20 days is -7.52% for AZTA stocks with a simple moving average of -28.11% for the last 200 days.
Analysts’ Opinion of AZTA
Many brokerage firms have already submitted their reports for AZTA stocks, with B. Riley Securities repeating the rating for AZTA by listing it as a “Buy.” The predicted price for AZTA in the upcoming period, according to B. Riley Securities is $106 based on the research report published on March 31st of the current year 2022.
Evercore ISI, on the other hand, stated in their research note that they expect to see AZTA reach a price target of $100. The rating they have provided for AZTA stocks is “Outperform” according to the report published on March 21st, 2022.
AZTA Trading at -12.69% from the 50-Day Moving Average
After a stumble in the market that brought AZTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.40% of loss for the given period.
Volatility was left at 4.63%, however, over the last 30 days, the volatility rate increased by 5.23%, as shares sank -16.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -20.41% lower at present.
During the last 5 trading sessions, AZTA fell by -11.13%, which changed the moving average for the period of 200-days by -43.01% in comparison to the 20-day moving average, which settled at $66.32. In addition, Azenta Inc. saw -39.97% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at AZTA starting from Crowley Kimberly, who sale 132 shares at the price of $78.02 back on Apr 12. After this action, Crowley Kimberly now owns 5,133 shares of Azenta Inc., valued at $10,299 using the latest closing price.
De Jesus Linda, the Chief Commercial Officer, LS of Azenta Inc., sale 191 shares at $102.59 during a trade that took place back on Jan 04, which means that De Jesus Linda is holding 2,721 shares at $19,595 based on the most recent closing price.
Stock Fundamentals for AZTA
Current profitability levels for the company are sitting at:
- +0.70 for the present operating margin
- +41.76 for the gross margin
The net margin for Azenta Inc. stands at -5.62. The total capital return value is set at 0.26, while invested capital returns managed to touch -2.13.
Based on Azenta Inc. (AZTA), the company’s capital structure generated 7.15 points at debt to equity in total, while total debt to capital is 6.67. Total debt to assets is 5.52, with long-term debt to equity ratio resting at 7.15. Finally, the long-term debt to capital ratio is 6.67.
When we switch over and look at the enterprise to sales, we see a ratio of 6.31, with the company’s debt to enterprise value settled at 0.01. The receivables turnover for the company is 3.16 and the total asset turnover is 0.30. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.25.