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Caribou Biosciences Inc (NASDAQ: CRBU) closed the day trading at $2.36 down -5.22% from the previous closing price of $2.49. In other words, the price has decreased by -$5.22 from its previous closing price. On the day, 1.1 million shares were traded. CRBU stock price reached its highest trading level at $2.52 during the session, while it also had its lowest trading level at $2.33.
Ratios:
For a better understanding of CRBU, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 10.49 and its Current Ratio is at 10.49. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
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 213150000 and an Enterprise Value of -53679060. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.38 while its Price-to-Book (P/B) ratio in mrq is 0.62. Its current Enterprise Value per Revenue stands at -1.607 whereas that against EBITDA is 0.422.
Stock Price History:
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 5.18%, while the 200-Day Moving Average is calculated to be -47.61%.
Shares Statistics:
Over the past 3-months, CRBU traded about 2.61M shares per day on average, while over the past 10 days, CRBU traded about 2647580 shares per day. A total of 88.45M shares are outstanding, with a floating share count of 79.88M. Insiders hold about 11.55% of the company’s shares, while institutions hold 74.74% stake in the company. Shares short for CRBU as of 1721001600 were 11635870 with a Short Ratio of 4.46, compared to 1718323200 on 12272536. Therefore, it implies a Short% of Shares Outstanding of 11635870 and a Short% of Float of 13.5.
