Biohaven Pharmaceutical Holding Company Ltd. (NYSE:BHVN) went up by 70.77% from its latest closing price compared to the recent 1-year high of $151.51. The company’s stock price has collected -11.10% of loss in the last five trading sessions. The Wall Street Journal reported 14 min ago that Pfizer to Buy Rest of Biohaven for $11.6 Billion
Is It Worth Investing in Biohaven Pharmaceutical Holding Company Ltd. (NYSE :BHVN) Right Now?
Plus, the 36-month beta value for BHVN is at 1.19. Opinions of the stock are interesting as 10 analysts out of 11 who provided ratings for Biohaven Pharmaceutical Holding Company Ltd. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 1 rated it as “hold,” and 0 as “sell.”
The average price from analysts is $160.10, which is $17.22 above the current price. BHVN currently public float of 61.19M and currently shorts hold a 7.70% ratio of that float. Today, the average trading volume of BHVN was 678.45K shares.
BHVN’s Market Performance
BHVN stocks went down by -11.10% for the week, with a monthly drop of -31.66% and a quarterly performance of -35.81%, while its annual performance rate touched 19.90%. The volatility ratio for the week stands at 7.95% while the volatility levels for the past 30 days are set at 7.10% for Biohaven Pharmaceutical Holding Company Ltd.. The simple moving average for the period of the last 20 days is 40.51% for BHVN stocks with a simple moving average of 14.78% for the last 200 days.
Analysts’ Opinion of BHVN
Many brokerage firms have already submitted their reports for BHVN stocks, with Morgan Stanley repeating the rating for BHVN by listing it as a “Equal-Weight.” The predicted price for BHVN in the upcoming period, according to Morgan Stanley is $145 based on the research report published on October 19th of the previous year 2021.
UBS, on the other hand, stated in their research note that they expect to see BHVN reach a price target of $109, previously predicting the price at $108. The rating they have provided for BHVN stocks is “Neutral” according to the report published on August 10th, 2021.
Canaccord Genuity gave a rating of “Buy” to BHVN, setting the target price at $150 in the report published on August 03rd of the previous year.
BHVN Trading at 27.06% from the 50-Day Moving Average
After a stumble in the market that brought BHVN to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -6.29% of loss for the given period.
Volatility was left at 7.10%, however, over the last 30 days, the volatility rate increased by 7.95%, as shares surge +29.70% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +19.64% upper at present.
During the last 5 trading sessions, BHVN rose by +57.62%, which changed the moving average for the period of 200-days by +16.09% in comparison to the 20-day moving average, which settled at $102.67. In addition, Biohaven Pharmaceutical Holding Company Ltd. saw -39.67% 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 BHVN starting from Clark George C., who sale 9,375 shares at the price of $117.01 back on Jan 19. After this action, Clark George C. now owns 6,015 shares of Biohaven Pharmaceutical Holding Company Ltd., valued at $1,097,003 using the latest closing price.
GREGORY JULIA P, the Director of Biohaven Pharmaceutical Holding Company Ltd., sale 12,000 shares at $125.00 during a trade that took place back on Dec 20, which means that GREGORY JULIA P is holding 0 shares at $1,500,000 based on the most recent closing price.
Stock Fundamentals for BHVN
Current profitability levels for the company are sitting at:
- -152.22 for the present operating margin
- +80.18 for the gross margin
The net margin for Biohaven Pharmaceutical Holding Company Ltd. stands at -183.04. Equity return is now at value 164.60, with -83.50 for asset returns.
The liquidity ratio also appears to be rather interesting for investors as it stands at 1.64.