Zai Lab Limited ADR’s recent filing unveils that its insider Smiley Joshua L unloaded Company’s shares for reported $0.11 million on Apr 04 ’25. In the deal valued at $33.11 per share,3,354 shares were sold. As a result of this transaction, Smiley Joshua L now holds 67,345 shares worth roughly $1.94 million.
Then, Edmondson Frazor Titus III sold 1,874 shares, generating $62,044 in total proceeds. Upon selling the shares at $33.11, the Chief Legal Officer now owns 30,375 shares.
Before that, Du Ying sold 2,945 shares. Zai Lab Limited ADR shares valued at $97,503 were divested by the Chairperson & CEO at a price of $33.11 per share. As a result of the transaction, Du Ying now holds 479,851 shares, worth roughly $13.84 million.
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 Thursday, Zai Lab Limited ADR [NASDAQ:ZLAB] saw its stock fall -0.33% to $28.84. Over the last five days, the stock has gained 18.59%. Zai Lab Limited ADR shares have risen nearly 10.12% since the year began. Nevertheless, the stocks have risen 100.00% over the past one year. While a 52-week high of $39.77 was reached on 03/28/25, a 52-week low of $13.48 was recorded on 01/15/25. SMA at 50 days reached $32.93, while 200 days put it at $26.07.
Levels Of Support And Resistance For ZLAB Stock
The 24-hour chart illustrates a support level at 28.38, which if violated will result in even more drops to 27.92. On the upside, there is a resistance level at 29.26. A further resistance level may holdings at 29.68. The Relative Strength Index (RSI) on the 14-day chart is 42.31, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.67, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 68.19%. Stochastics %K at 33.86% 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 2025-03-31, dropping by -0.51 million shares to a total of 7.32 million shares. Yahoo Finance data shows the prior-month short interest on 2025-02-28 was 7.83 million shares. There was a decline of -6.9%, which implies that there is a negative 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.
