Zai Lab Limited - ADR Shares Close the Day 22.7% Higher - Daily Wrap
The company saw its shares close the day 22.7% higher than yesterday, with trading volume higher than its 30 day average.
May 13, 2022 by Kwhen Finance Editors
Zai Lab Limited - ADR (ZLAB) shares closed today 22.7% higher than it did at the end of yesterday. The stock is currently down 47.1% year-to-date, down 78.3% over the past 12 months, and up 18.9% over the past five years. Today, the Dow Jones Industrial Average rose 1.4%, and the S&P 500 rose 2.4%.
Trading Activity
- Shares traded as high as $33.86 and as low as $24.50 this week.
- Shares closed 81.7% below its 52-week high and 35.6% above its 52-week low.
- Trading volume this week was 8.2% higher than the 10-day average and 73.1% higher than the 30-day average.
- Beta, a measure of the stock’s volatility relative to the overall market stands at 1.8.
Technical Indicators
- The Relative Strength Index (RSI) on the stock was between 30 and 70.
- MACD, a trend-following momentum indicator, indicates a downward trend.
- The stock closed below its Bollinger band, indicating it may be oversold.
Market Comparative Performance
- The company's share price beats the S&P 500 Index today, lags it on a 1-year basis, and lags it on a 5-year basis
- The company's share price beats the Dow Jones Industrial Average today, lags it on a 1-year basis, and lags it on a 5-year basis
| Name | DoD %Δ | YTD %Δ | 1 Yr % | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|
| Zai Lab Limited - ADR | 22.7 | -47.1 | -78.3 | -84.5 | 14.8 |
| Dow Jones Industrial Average | 1.4 | -10.9 | -3.7 | -12.9 | 2.5 |
| S&P 500 Index | 2.4 | -15.2 | -0.8 | -17.1 | 3.0 |
| Technology Industry | -10.0 | 62.7 | -32.1 | -34.2 | 82.2 |
Peer Group Comparative Performance
- The company's stock price performance year-to-date lags the peer average by 369.8%
- The company's stock price performance over the past 12 months lags the peer average by 499.4%
| Name | MKT CAP (USD) | P/E | YTD %Δ | 1 Yr %Δ | 52-Week H % | 52-Week L % |
|---|---|---|---|---|---|---|
| Zai Lab Limited - ADR | ZLAB | 0 | -47.1 | -78.3 | -84.5 | 14.8 |
| Peer Avg | N/A | 2.2 | -10.0 | -13.1 | -20.2 | 5.2 |
| Novartis AG - ADR | NVS | 8.6 | 2.2 | 0.5 | -8.7 | 13.0 |
| Ocuphire Pharma Inc | OCUP | 0 | -42.4 | -52.7 | -72.3 | 7.8 |
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