Closing Figures: CryoPort Inc (CYRX)’s Negative Finish at 6.95, Down -11.74

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After finishing at $7.88 in the prior trading day, CryoPort Inc (NASDAQ: CYRX) closed at $6.95, down -11.74%. In other words, the price has decreased by -$11.74 from its previous closing price. On the day, 0.68 million shares were traded. CYRX stock price reached its highest trading level at $7.88 during the session, while it also had its lowest trading level at $6.79.

Ratios:

Our goal is to gain a better understanding of CYRX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 7.99 and its Current Ratio is at 8.38. In the meantime, Its Debt-to-Equity ratio is 1.01 whereas as Long-Term Debt/Eq ratio is at 0.96.

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, Jefferies on August 07, 2024, Downgraded its rating to Hold and sets its target price to $8 from $20 previously.

On July 31, 2024, B. Riley Securities Upgraded its rating to Buy which previously was Neutral and also lowered its target price recommendation from $19 to $15.

B. Riley Securities Downgraded its Buy to Neutral on May 03, 2024, whereas the target price for the stock was revised from $22 to $19.

Insider Transactions:

The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Aug 19 ’24 when Hariri Robert J sold 1,000 shares for $9.46 per share. The transaction valued at 9,465 led to the insider holds 23,061 shares of the business.

Hariri Robert J sold 1,000 shares of CYRX for $9,000 on Aug 16 ’24. The Director now owns 23,561 shares after completing the transaction at $9.00 per share. On Aug 14 ’24, another insider, Hariri Robert J, who serves as the Director of the company, sold 1,000 shares for $8.40 each. As a result, the insider received 8,395 and left with 24,561 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, CYRX now has a Market Capitalization of 343662528 and an Enterprise Value of 397102880. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.52 while its Price-to-Book (P/B) ratio in mrq is 0.93. Its current Enterprise Value per Revenue stands at 1.76 whereas that against EBITDA is -9.041.

Stock Price History:

Over the past 52 weeks, CYRX has reached a high of $20.10, while it has fallen to a 52-week low of $5.32. The 50-Day Moving Average of the stock is -16.75%, while the 200-Day Moving Average is calculated to be -43.94%.

Shares Statistics:

The stock has traded on average 700.53K shares per day over the past 3-months and 342100 shares per day over the last 10 days, according to various share statistics. A total of 48.97M shares are outstanding, with a floating share count of 47.71M. Insiders hold about 3.45% of the company’s shares, while institutions hold 104.75% stake in the company. Shares short for CYRX as of 1726185600 were 2910002 with a Short Ratio of 4.15, compared to 1723680000 on 3210726. Therefore, it implies a Short% of Shares Outstanding of 2910002 and a Short% of Float of 7.090000000000001.

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