In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The price of Caribou Biosciences Inc (NASDAQ: CRBU) closed at $1.55 in the last session, down -5.49% from day before closing price of $1.64. In other words, the price has decreased by -$5.49 from its previous closing price. On the day, 2.77 million shares were traded. CRBU stock price reached its highest trading level at $1.67 during the session, while it also had its lowest trading level at $1.5.
Ratios:
We take a closer look at CRBU’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 7.38 and its Current Ratio is at 7.38. In the meantime, Its Debt-to-Equity ratio is 0.09 whereas as Long-Term Debt/Eq ratio is at 0.09.
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 the company, Evercore ISI on June 03, 2024, Downgraded its rating to In-line and sets its target price to $3 from $13 previously.
On October 31, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $13.Evercore ISI initiated its Outperform rating on October 31, 2023, with a $13 target price.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CRBU now has a Market Capitalization of 148506432 and an Enterprise Value of -61180336. For the stock, the TTM Price-to-Sale (P/S) ratio is 12.24 while its Price-to-Book (P/B) ratio in mrq is 0.50. Its current Enterprise Value per Revenue stands at -5.332 whereas that against EBITDA is 0.388.
Stock Price History:
The Beta on a monthly basis for CRBU is 2.32, which has changed by -0.6870229 over the last 52 weeks, in comparison to a change of 0.22263205 over the same period for the S&P500. Over the past 52 weeks, CRBU has reached a high of $8.33, while it has fallen to a 52-week low of $1.50. The 50-Day Moving Average of the stock is -23.34%, while the 200-Day Moving Average is calculated to be -35.86%.
Shares Statistics:
According to the various share statistics, CRBU traded on average about 1.50M shares per day over the past 3-months and 1573620 shares per day over the past 10 days. A total of 90.55M shares are outstanding, with a floating share count of 79.18M. Insiders hold about 12.56% of the company’s shares, while institutions hold 58.68% stake in the company. Shares short for CRBU as of 1734048000 were 9797621 with a Short Ratio of 6.37, compared to 1731628800 on 7417636. Therefore, it implies a Short% of Shares Outstanding of 9797621 and a Short% of Float of 11.3400005.
