Zai Lab Limited ADR’s recently made public that its insider Amado Rafael unloaded Company’s shares for reported $0.12 million on Mar 17 ’25. In the deal valued at $38.41 per share,3,000 shares were sold. As a result of this transaction, Amado Rafael now holds 30,834 shares worth roughly $1.08 million.
Then, Amado Rafael bought 3,000 shares, generating $115,230 in total proceeds.
Before that, Du Ying bought 46,389 shares. Zai Lab Limited ADR shares valued at $1,649,122 were divested by the Officer at a price of $35.55 per share.
Scotiabank initiated its Zai Lab Limited ADR [ZLAB] rating to a Sector outperform in a research note published on March 07, 2025; the price target was $55. A number of analysts have revised their coverage, including BofA Securities’s analysts, who decreased its forecast for the stock in early March from “a Buy” to “a Neutral”. Morgan Stanley began covering ZLAB with “an Overweight” recommendation on December 14, 2023. Cantor Fitzgerald started covering the stock on August 10, 2023. It rated ZLAB as “an Overweight”.
Price Performance Review of ZLAB
On Friday, Zai Lab Limited ADR [NASDAQ:ZLAB] saw its stock fall -6.00% to $35.09. Over the last five days, the stock has lost -8.14%. Zai Lab Limited ADR shares have risen nearly 33.98% since the year began. Nevertheless, the stocks have risen 92.06% over the past one year. While a 52-week high of $39.61 was reached on 03/14/25, a 52-week low of $13.48 was recorded on 01/15/25. SMA at 50 days reached $30.59, while 200 days put it at $24.79.
Levels Of Support And Resistance For ZLAB Stock
The 24-hour chart illustrates a support level at 34.57, which if violated will result in even more drops to 34.05. On the upside, there is a resistance level at 35.71. A further resistance level may holdings at 36.32. The Relative Strength Index (RSI) on the 14-day chart is 53.18, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.51, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.15%. Stochastics %K at 65.79% indicates the stock is a holding.
How much short interest is there in Zai Lab Limited ADR?
A steep rise in short interest was recorded in Zai Lab Limited ADR stocks on 2025-02-28, growing by 0.11 million shares to a total of 7.83 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 7.71 million shares. There was a rise of 1.46%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on January 21, 2022 when Macquarie began covering the stock and recommended ‘”an Outperform”‘ rating along with a $64 price target.
