Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
CryoPort Inc (NASDAQ: CYRX) closed the day trading at $4.80 down -13.91% from the previous closing price of $5.57. In other words, the price has decreased by -$13.91 from its previous closing price. On the day, 0.55 million shares were traded.
Ratios:
For a better understanding of CYRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 5.32 and its Current Ratio is at 5.70. In the meantime, Its Debt-to-Equity ratio is 0.56 whereas as Long-Term Debt/Eq ratio is at 0.51.
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, Guggenheim on December 19, 2024, initiated with a Buy rating and assigned the stock a target price of $11.
On August 07, 2024, Jefferies Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $20 to $8.
B. Riley Securities Upgraded its Neutral to Buy on July 31, 2024, whereas the target price for the stock was revised from $19 to $15.
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 Dec 02 ’24 when Mandalam Ramkumar sold 7,369 shares for $7.46 per share. The transaction valued at 54,978 led to the insider holds 59,497 shares of the business.
Hariri Robert J sold 2,500 shares of CYRX for $16,200 on Nov 21 ’24. The Director now owns 20,561 shares after completing the transaction at $6.48 per share. On Dec 02 ’24, another insider, RAMKUMAR MANDALAM, who serves as the Director of the company, bought 7,369 shares for $7.08 each.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 1.05 while its Price-to-Book (P/B) ratio in mrq is 0.61.
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 -35.23%, while the 200-Day Moving Average is calculated to be -41.01%.
Shares Statistics:
A total of 49.43M shares are outstanding, with a floating share count of 47.66M. Insiders hold about 3.58% of the company’s shares, while institutions hold 96.69% stake in the company.
