CRISPR Therapeutics AG’s Market Journey: Closing Weak at 56.41, Down -3.57

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The closing price of CRISPR Therapeutics AG (NASDAQ: CRSP) was $56.41 for the day, down -3.57% from the previous closing price of $58.50. In other words, the price has decreased by -$3.57 from its previous closing price. On the day, 1.29 million shares were traded. CRSP stock price reached its highest trading level at $58.04 during the session, while it also had its lowest trading level at $55.83.

Ratios:

Our analysis of CRSP’s different ratios will help us gain a deeper understanding of the company. 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.

TD Cowen Downgraded its Market Perform to Underperform on December 11, 2023, while the target price for the stock was maintained at $30.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Jun 21 ’24 when Bruno Julianne sold 3,366 shares for $56.09 per share. The transaction valued at 188,799 led to the insider holds 6,745 shares of the business.

Kulkarni Samarth sold 19,582 shares of CRSP for $1,173,232 on Apr 15 ’24. The Chief Executive Officer now owns 208,122 shares after completing the transaction at $59.91 per share. On Mar 15 ’24, another insider, Kulkarni Samarth, who serves as the Chief Executive Officer of the company, sold 20,000 shares for $72.48 each. As a result, the insider received 1,449,628 and left with 208,122 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 4790230016 and an Enterprise Value of 3094510336. For the stock, the TTM Price-to-Sale (P/S) ratio is 17.63 while its Price-to-Book (P/B) ratio in mrq is 2.30. Its current Enterprise Value per Revenue stands at 11.389 whereas that against EBITDA is -11.091.

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 -1.39%, while the 200-Day Moving Average is calculated to be -8.35%.

Shares Statistics:

CRSP traded an average of 1.33M shares per day over the past three months and 1220170 shares per day over the past ten days. A total of 84.92M shares are outstanding, with a floating share count of 81.12M. Insiders hold about 4.47% of the company’s shares, while institutions hold 65.82% stake in the company. Shares short for CRSP as of 1721001600 were 16115832 with a Short Ratio of 12.10, compared to 1718323200 on 14866549. Therefore, it implies a Short% of Shares Outstanding of 16115832 and a Short% of Float of 21.52.

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