CRISPR Therapeutics AG (CRSP)’s Day in Review: Closing at 56.24, Down by -5.64

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After finishing at $59.60 in the prior trading day, CRISPR Therapeutics AG (NASDAQ: CRSP) closed at $56.24, down -5.64%. In other words, the price has decreased by -$5.64 from its previous closing price. On the day, 4.02 million shares were traded. CRSP stock price reached its highest trading level at $60.46 during the session, while it also had its lowest trading level at $55.08.

Ratios:

Our goal is to gain a better understanding of CRSP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 17.81 and its Current Ratio is at 17.81. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.

On December 11, 2023, TD Cowen Downgraded its rating to Underperform which previously was Market Perform but kept the price unchanged to $30.

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 Apr 15 ’24 when Kulkarni Samarth sold 19,582 shares for $59.91 per share. The transaction valued at 1,173,232 led to the insider holds 208,122 shares of the business.

Kulkarni Samarth sold 20,000 shares of CRSP for $1,449,628 on Mar 15 ’24. The Chief Executive Officer now owns 208,122 shares after completing the transaction at $72.48 per share. On Mar 15 ’24, another insider, Prasad Raju, who serves as the Chief Financial Officer of the company, sold 3,524 shares for $72.69 each. As a result, the insider received 256,160 and left with 6,476 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, CRSP now has a Market Capitalization of 4775793664 and an Enterprise Value of 2902595584. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.58 while its Price-to-Book (P/B) ratio in mrq is 2.29. Its current Enterprise Value per Revenue stands at 10.683 whereas that against EBITDA is -10.403.

Stock Price History:

Over the past 52 weeks, CRSP has reached a high of $91.10, while it has fallen to a 52-week low of $37.55. The 50-Day Moving Average of the stock is -1.43%, while the 200-Day Moving Average is calculated to be -6.81%.

Shares Statistics:

The stock has traded on average 1.31M shares per day over the past 3-months and 1715450 shares per day over the last 10 days, according to various share statistics. A total of 84.92M shares are outstanding, with a floating share count of 81.13M. Insiders hold about 4.47% of the company’s shares, while institutions hold 66.62% stake in the company. Shares short for CRSP as of 1715731200 were 15334922 with a Short Ratio of 11.98, compared to 1713139200 on 14744982. Therefore, it implies a Short% of Shares Outstanding of 15334922 and a Short% of Float of 20.48.

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