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Is Zomedica Corp (NYSE: ZOM) a good stock to buy now?

James Albert by James Albert
June 6, 2022
in Is ... a Good Stock to buy Now?, ZOM Stock
0

FintechZoom > Stocks > Is ... a Good Stock to buy Now? > Is Zomedica Corp (NYSE: ZOM) a good stock to buy now?

Zomedica Corp. (ZOM) experienced a downtrend of -12.88% in the last trade, closing at $0.21. At its current level, the shares are 80.27% below their 52-week high of $1.06 and 7.07% above their 52-week low of $0.22. In addition, the company announced today that it is partnering with the American Association of Feline Practitioners (AAFP).

According to Larry Heaton, CEO of Zomedica, the AAFP provides veterinary professionals with tools, guidance, and resources that help them provide quality care to feline patients. “It is an honor to partner with such a respected organization to ensure the health of the feline vet profession in the future”, he further added. 

The trading session resulted in the sale of more than 15786836 shares. The price volatility of Zomedica Corp. has increased over the past week. Last month’s volatility was 6.35%, while this month’s volatility was 6.52%.

There are 980.14 million shares outstanding and 954.09 million shares outstanding, increasing ZOM’s market capitalization to $237.80 million. ZOM’s trading volume reached 15,786,836 shares on its last trading day, compared to 18.03 million shares on the previous trading day, which is why market watchdogs consider the shares to be active.

Zomedica Corp. has an Average True Range (ATR) of 0.02 and a trailing 12-month price-to-sales ratio of 58.03. Its price-to-book ratio was 0.86, and its price-to-cash per share was 0.20 for the most recent quarter.

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James Albert

James Albert

James Albert is a personal-finance analyst for FintechZoom and is based in New York. Contact: [email protected]

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