Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
The price of Korro Bio Inc (NASDAQ: KRRO) closed at $13.80 in the last session, down -6.82% from day before closing price of $14.81. In other words, the price has decreased by -$6.82 from its previous closing price. On the day, 55053.0 shares were traded. KRRO stock price reached its highest trading level at $14.705 during the session, while it also had its lowest trading level at $13.73.
Ratios:
We take a closer look at KRRO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 9.41 and its Current Ratio is at 9.41. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Cantor Fitzgerald on April 29, 2025, initiated with a Overweight rating and assigned the stock a target price of $74.
On April 16, 2025, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $25.
On January 10, 2025, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $155.Oppenheimer initiated its Outperform rating on January 10, 2025, with a $155 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Nov 11 ’24 when Agarwal Vineet sold 800 shares for $70.00 per share. The transaction valued at 56,000 led to the insider holds 0 shares of the business.
Agarwal Vineet bought 800 shares of KRRO for $56,000 on Nov 11 ’24. On Oct 17 ’24, another insider, Agarwal Vineet, who serves as the Chief Financial Officer of the company, sold 10,216 shares for $78.26 each. As a result, the insider received 799,527 and left with 0 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRRO now has a Market Capitalization of 129588760 and an Enterprise Value of 59820788. For the stock, the TTM Price-to-Sale (P/S) ratio is 26.89 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 12.408 whereas that against EBITDA is -0.654.
Stock Price History:
The Beta on a monthly basis for KRRO is 4.67, which has changed by -0.7217181 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, KRRO has reached a high of $98.00, while it has fallen to a 52-week low of $11.13. The 50-Day Moving Average of the stock is -18.29%, while the 200-Day Moving Average is calculated to be -61.64%.
Shares Statistics:
According to the various share statistics, KRRO traded on average about 97.21K shares per day over the past 3-months and 77500 shares per day over the past 10 days. A total of 9.39M shares are outstanding, with a floating share count of 5.49M. Insiders hold about 41.54% of the company’s shares, while institutions hold 72.03% stake in the company. Shares short for KRRO as of 1745971200 were 1056492 with a Short Ratio of 10.87, compared to 1743379200 on 884077. Therefore, it implies a Short% of Shares Outstanding of 1056492 and a Short% of Float of 14.829998999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
