Market Highlights: Caribou Biosciences Inc (CRBU) Ends on a High Note at 3.77

In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.

The price of Caribou Biosciences Inc (NASDAQ: CRBU) closed at $3.77 in the last session, up 3.57% from day before closing price of $3.64. In other words, the price has increased by $3.57 from its previous closing price. On the day, 1.82 million shares were traded. CRBU stock price reached its highest trading level at $3.9 during the session, while it also had its lowest trading level at $3.69.

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 11.97 and its Current Ratio is at 11.97. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.07.

On October 31, 2023, Evercore ISI started tracking the stock assigning a Outperform rating and target price of $13.

On July 11, 2023, Truist started tracking the stock assigning a Buy rating and target price of $23.Truist initiated its Buy rating on July 11, 2023, with a $23 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 340498112 and an Enterprise Value of 38766668. For the stock, the TTM Price-to-Sale (P/S) ratio is 9.88 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 1.124 whereas that against EBITDA is -0.344.

Stock Price History:

Over the past 52 weeks, CRBU has reached a high of $8.59, while it has fallen to a 52-week low of $3.44. The 50-Day Moving Average of the stock is -28.90%, while the 200-Day Moving Average is calculated to be -31.85%.

Shares Statistics:

According to the various share statistics, CRBU traded on average about 1.60M shares per day over the past 3-months and 1482450 shares per day over the past 10 days. A total of 88.45M shares are outstanding, with a floating share count of 79.62M. Insiders hold about 11.85% of the company’s shares, while institutions hold 75.71% stake in the company. Shares short for CRBU as of 1713139200 were 11342625 with a Short Ratio of 7.11, compared to 1710460800 on 10073125. Therefore, it implies a Short% of Shares Outstanding of 11342625 and a Short% of Float of 13.159999.

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