If you are wondering whether Zai Lab’s current share price lines up with its underlying worth, this article walks through the numbers so you can form your own view.
Zai Lab’s stock closed at US$18.72, with returns of 2.9% over the last 7 days, 5.3% over the last 30 days and 8.0% year to date, while the 1 year, 3 year and 5 year returns stand at a 22.9% decline, 58.5% decline and 89.9% decline respectively.
Recent share price moves sit against an ongoing flow of company updates and sector headlines that continue to shape how investors think about US listed biotech names. These developments give useful context for understanding why sentiment around Zai Lab has shifted over different time frames.