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The price of CureVac N.V. (NASDAQ: CVAC) closed at $2.92 in the last session, up 6.57% from day before closing price of $2.74. In other words, the price has increased by $6.57 from its previous closing price. On the day, 0.58 million shares were traded. CVAC stock price reached its highest trading level at $3.034 during the session, while it also had its lowest trading level at $2.82.
Ratios:
We take a closer look at CVAC’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 2.28 and its Current Ratio is at 2.29. In the meantime, Its Debt-to-Equity ratio is 0.10 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 the company, Leerink Partners on April 25, 2024, Downgraded its rating to Market Perform and sets its target price to $4 from $12 previously.
On June 08, 2023, SVB Securities started tracking the stock assigning a Outperform rating and target price of $13.
UBS Upgraded its Neutral to Buy on January 19, 2023, whereas the target price for the stock was revised from $8 to $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVAC now has a Market Capitalization of 654996928 and an Enterprise Value of 491516928. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.20 while its Price-to-Book (P/B) ratio in mrq is 1.62. Its current Enterprise Value per Revenue stands at 7.463 whereas that against EBITDA is -1.818.
Stock Price History:
Over the past 52 weeks, CVAC has reached a high of $8.93, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is -12.79%, while the 200-Day Moving Average is calculated to be -19.35%.
Shares Statistics:
According to the various share statistics, CVAC traded on average about 873.22K shares per day over the past 3-months and 483210 shares per day over the past 10 days. A total of 223.99M shares are outstanding, with a floating share count of 93.16M. Insiders hold about 58.47% of the company’s shares, while institutions hold 6.46% stake in the company. Shares short for CVAC as of 1723680000 were 5646818 with a Short Ratio of 6.47, compared to 1721001600 on 7485970. Therefore, it implies a Short% of Shares Outstanding of 5646818 and a Short% of Float of 14.09.
