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.
Kronos Bio Inc (NASDAQ: KRON) closed the day trading at $0.68 up 0.31% from the previous closing price of $0.67. In other words, the price has increased by $0.31 from its previous closing price. On the day, 0.87 million shares were traded. KRON stock price reached its highest trading level at $0.69 during the session, while it also had its lowest trading level at $0.671.
Ratios:
For a better understanding of KRON, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 12.93 and its Current Ratio is at 12.93. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.26.
On November 14, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $6 to $1.
On September 14, 2022, Berenberg started tracking the stock assigning a Buy rating and target price of $12.Berenberg initiated its Buy rating on September 14, 2022, with a $12 target price.
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 Jun 27 ’24 when BISCHOFBERGER NORBERT W bought 410,848 shares for $1.17 per share. The transaction valued at 478,843 led to the insider holds 10,597,468 shares of the business.
BISCHOFBERGER NORBERT W bought 204,670 shares of KRON for $254,957 on Jun 28 ’24. The PRESIDENT & CEO now owns 10,802,138 shares after completing the transaction at $1.25 per share. On Jun 10 ’24, another insider, BISCHOFBERGER NORBERT W, who serves as the PRESIDENT & CEO of the company, bought 1,378,901 shares for $0.88 each. As a result, the insider paid 1,208,469 and bolstered with 5,749,395 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KRON now has a Market Capitalization of 41160308 and an Enterprise Value of -34484684. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.48 while its Price-to-Book (P/B) ratio in mrq is 0.52. Its current Enterprise Value per Revenue stands at -3.752 whereas that against EBITDA is 0.702.
Stock Price History:
The Beta on a monthly basis for KRON is 1.61, which has changed by -0.325 over the last 52 weeks, in comparison to a change of 0.11936104 over the same period for the S&P500. Over the past 52 weeks, KRON has reached a high of $1.60, while it has fallen to a 52-week low of $0.65. The 50-Day Moving Average of the stock is -17.40%, while the 200-Day Moving Average is calculated to be -27.78%.
Shares Statistics:
Over the past 3-months, KRON traded about 456.78K shares per day on average, while over the past 10 days, KRON traded about 803440 shares per day. A total of 60.97M shares are outstanding, with a floating share count of 39.42M. Insiders hold about 35.34% of the company’s shares, while institutions hold 23.14% stake in the company. Shares short for KRON as of 1745971200 were 671404 with a Short Ratio of 1.47, compared to 1743379200 on 611610. Therefore, it implies a Short% of Shares Outstanding of 671404 and a Short% of Float of 1.4400001.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
