In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The closing price of Cyclerion Therapeutics Inc (NASDAQ: CYCN) was $5.32 for the day, down -16.22% from the previous closing price of $6.35. In other words, the price has decreased by -$16.22 from its previous closing price. On the day, 3.4 million shares were traded. CYCN stock price reached its highest trading level at $5.6999 during the session, while it also had its lowest trading level at $4.55.
Ratios:
Our analysis of CYCN’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 5.07 and its Current Ratio is at 5.07. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
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 this company, Truist on October 20, 2021, initiated with a Buy rating and assigned the stock a target price of $14.
On September 24, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $7.
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 Nov 21 ’24 when Slate Path Capital LP sold 357,880 shares for $1.55 per share. The transaction valued at 555,108 led to the insider holds 0 shares of the business.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CYCN now has a Market Capitalization of 17209136 and an Enterprise Value of 1902954. For the stock, the TTM Price-to-Sale (P/S) ratio is 75.89 while its Price-to-Book (P/B) ratio in mrq is 1.64.
Stock Price History:
Over the past 52 weeks, CYCN has reached a high of $9.47, while it has fallen to a 52-week low of $1.27. The 50-Day Moving Average of the stock is 107.90%, while the 200-Day Moving Average is calculated to be 86.80%.
Shares Statistics:
CYCN traded an average of 2.94M shares per day over the past three months and 17479860 shares per day over the past ten days. A total of 2.53M shares are outstanding, with a floating share count of 1.96M. Insiders hold about 27.52% of the company’s shares, while institutions hold 34.19% stake in the company. Shares short for CYCN as of 1730332800 were 14439 with a Short Ratio of 0.00, compared to 1727654400 on 10754. Therefore, it implies a Short% of Shares Outstanding of 14439 and a Short% of Float of 0.8699999999999999.
