ZIOPHARM Oncology (ZIOP) Hits New Lifetime High
Trade-Ideas LLC identified
(
) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified ZIOPHARM Oncology as such a stock due to the following factors:
- ZIOP has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $47.6 million.
- ZIOP has traded 237,488 shares today.
- ZIOP is trading at a new lifetime high.
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More details on ZIOP:
ZIOPHARM Oncology, Inc., a biotechnology company, employs gene expression, control, and cell technologies to deliver cell-based therapies for the treatment of cancer. Currently there is 1 analyst that rates ZIOPHARM Oncology a buy, no analysts rate it a sell, and 3 rate it a hold.
The average volume for ZIOPHARM Oncology has been 3.1 million shares per day over the past 30 days. ZIOPHARM Oncology has a market cap of $1.6 billion and is part of the health care sector and drugs industry. The stock has a beta of 1.41 and a short float of 32.3% with 10.54 days to cover. Shares are up 158.8% year-to-date as of the close of trading on Tuesday.
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Analysis:
rates ZIOPHARM Oncology as a
. The company's weaknesses can be seen in multiple areas, such as its deteriorating net income, disappointing return on equity and feeble growth in its earnings per share.
Highlights from the ratings report include:
- The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Biotechnology industry. The net income has significantly decreased by 198.2% when compared to the same quarter one year ago, falling from -$6.09 million to -$18.17 million.
- Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Biotechnology industry and the overall market, ZIOPHARM ONCOLOGY INC's return on equity significantly trails that of both the industry average and the S&P 500.
- ZIOPHARM ONCOLOGY INC has experienced a steep decline in earnings per share in the most recent quarter in comparison to its performance from the same quarter a year ago. This company has reported somewhat volatile earnings recently. We feel it is likely to report a decline in earnings in the coming year. During the past fiscal year, ZIOPHARM ONCOLOGY INC continued to lose money by earning -$0.32 versus -$0.66 in the prior year. For the next year, the market is expecting a contraction of 46.9% in earnings (-$0.47 versus -$0.32).
- Compared to its closing price of one year ago, ZIOP's share price has jumped by 316.12%, exceeding the performance of the broader market during that same time frame. Regarding the future course of this stock, we feel that the risks involved in investing in ZIOP do not compensate for any future upside potential, despite the fact that it has seen nice gains over the past 12 months.
- Net operating cash flow has significantly increased by 530.87% to $45.20 million when compared to the same quarter last year. In addition, ZIOPHARM ONCOLOGY INC has also vastly surpassed the industry average cash flow growth rate of -46.79%.
- You can view the full ZIOPHARM Oncology Ratings Report.
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