Analytical Lens: Exploring C4 Therapeutics Inc (CCCC)’s Financial Story Through Ratios

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The closing price of C4 Therapeutics Inc (NASDAQ: CCCC) was $6.45 for the day, down -5.01% from the previous closing price of $6.79. In other words, the price has decreased by -$5.01 from its previous closing price. On the day, 2.4 million shares were traded. CCCC stock price reached its highest trading level at $7.29 during the session, while it also had its lowest trading level at $6.36.


Our analysis of CCCC’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.08 and its Current Ratio is at 5.08. In the meantime, Its Debt-to-Equity ratio is 0.27 whereas as Long-Term Debt/Eq ratio is at 0.25.

On December 13, 2023, Stifel Upgraded its rating to Buy which previously was Hold and also upped its target price recommendation from $2 to $12.

Credit Suisse Upgraded its Underperform to Neutral on February 24, 2023, whereas the target price for the stock was revised from $12 to $10.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCCC now has a Market Capitalization of 443797408 and an Enterprise Value of 283093536. For the stock, the TTM Price-to-Sale (P/S) ratio is 22.15 while its Price-to-Book (P/B) ratio in mrq is 1.72. Its current Enterprise Value per Revenue stands at 13.639 whereas that against EBITDA is -2.064.

Stock Price History:

Over the past 52 weeks, CCCC has reached a high of $11.88, while it has fallen to a 52-week low of $1.06. The 50-Day Moving Average of the stock is -21.75%, while the 200-Day Moving Average is calculated to be 35.80%.

Shares Statistics:

CCCC traded an average of 2.24M shares per day over the past three months and 1129050 shares per day over the past ten days. A total of 60.47M shares are outstanding, with a floating share count of 57.88M. Insiders hold about 15.88% of the company’s shares, while institutions hold 70.82% stake in the company. Shares short for CCCC as of 1713139200 were 9562882 with a Short Ratio of 4.27, compared to 1710460800 on 5287035. Therefore, it implies a Short% of Shares Outstanding of 9562882 and a Short% of Float of 19.770001.

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