Financial Metrics Unveiled: Corvus Pharmaceuticals Inc (CRVS)’s Key Ratios in the Spotlight

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The price of Corvus Pharmaceuticals Inc (NASDAQ: CRVS) closed at $8.93 in the last session, down -0.22% from day before closing price of $8.95. In other words, the price has decreased by -$0.22 from its previous closing price. On the day, 0.71 million shares were traded. CRVS stock price reached its highest trading level at $9.3529 during the session, while it also had its lowest trading level at $8.87.

Ratios:

We take a closer look at CRVS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.92 and its Current Ratio is at 0.92. In the meantime, Its Debt-to-Equity ratio is 0.03 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, Oppenheimer on August 18, 2023, initiated with a Outperform rating and assigned the stock a target price of $7.

On May 27, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $10.Cantor Fitzgerald initiated its Overweight rating on May 27, 2021, with a $10 target price.

Insider Transactions:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on May 06 ’24 when Jones William Benton bought 20,000 shares for $1.73 per share. The transaction valued at 34,624 led to the insider holds 153,773 shares of the business.

MILLER RICHARD A MD bought 577,634 shares of CRVS for $1,000,000 on May 06 ’24. The President and CEO now owns 577,634 shares after completing the transaction at $1.73 per share.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRVS now has a Market Capitalization of 573817728 and an Enterprise Value of 508283872.

Stock Price History:

Over the past 52 weeks, CRVS has reached a high of $10.00, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is 22.64%, while the 200-Day Moving Average is calculated to be 145.84%.

Shares Statistics:

According to the various share statistics, CRVS traded on average about 724.92K shares per day over the past 3-months and 1011900 shares per day over the past 10 days. A total of 64.26M shares are outstanding, with a floating share count of 49.95M. Insiders hold about 22.27% of the company’s shares, while institutions hold 28.59% stake in the company. Shares short for CRVS as of 1730332800 were 2925030 with a Short Ratio of 4.03, compared to 1727654400 on 2149980. Therefore, it implies a Short% of Shares Outstanding of 2925030 and a Short% of Float of 5.8000002.

Most Popular