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The price of Kronos Bio Inc (NASDAQ: KRON) closed at $0.74 in the last session, up 2.56% from day before closing price of $0.72. In other words, the price has increased by $2.56 from its previous closing price. On the day, 2.55 million shares were traded.
Ratios:
We take a closer look at KRON’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 12.93 and its Current Ratio is at 12.93. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.26.
On November 14, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $6 to $1.
On September 14, 2022, Berenberg started tracking the stock assigning a Buy rating and target price of $12.Berenberg initiated its Buy rating on September 14, 2022, with a $12 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 Jun 27 ’24 when BISCHOFBERGER NORBERT W bought 410,848 shares for $1.17 per share. The transaction valued at 478,843 led to the insider holds 10,597,468 shares of the business.
BISCHOFBERGER NORBERT W bought 204,670 shares of KRON for $254,957 on Jun 28 ’24. The PRESIDENT & CEO now owns 10,802,138 shares after completing the transaction at $1.25 per share. On Jun 10 ’24, another insider, BISCHOFBERGER NORBERT W, who serves as the PRESIDENT & CEO of the company, bought 1,378,901 shares for $0.88 each. As a result, the insider paid 1,208,469 and bolstered with 5,749,395 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.91 while its Price-to-Book (P/B) ratio in mrq is 0.57.
Stock Price History:
Over the past 52 weeks, KRON has reached a high of $1.60, while it has fallen to a 52-week low of $0.67. The 50-Day Moving Average of the stock is -12.67%, while the 200-Day Moving Average is calculated to be -22.31%.
Shares Statistics:
A total of 60.97M shares are outstanding, with a floating share count of 39.23M. Insiders hold about 35.66% of the company’s shares, while institutions hold 23.33% stake in the company.
