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In the latest session, Centessa Pharmaceuticals plc ADR (NASDAQ: CNTA) closed at $16.58 up 4.61% from its previous closing price of $15.85. In other words, the price has increased by $4.61 from its previous closing price. On the day, 1.43 million shares were traded. CNTA stock price reached its highest trading level at $17.11 during the session, while it also had its lowest trading level at $16.25.
Ratios:
For a deeper understanding of Centessa Pharmaceuticals plc ADR’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.29 and its Current Ratio is at 13.29. In the meantime, Its Debt-to-Equity ratio is 0.30 whereas as Long-Term Debt/Eq ratio is at 0.30.
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, Morgan Stanley on September 20, 2024, Upgraded its rating to Overweight and sets its target price to $26 from $11 previously.
On September 19, 2024, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $33.
On July 18, 2024, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $14.Oppenheimer initiated its Outperform rating on July 18, 2024, with a $14 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Sep 20 ’24 when SAHA SAURABH sold 55,000 shares for $16.53 per share. The transaction valued at 908,985 led to the insider holds 721,924 shares of the business.
SAHA SAURABH bought 55,000 shares of CNTA for $904,750 on Sep 20 ’24. On Sep 10 ’24, another insider, Weinhoff Gregory M, who serves as the Chief Business Officer of the company, sold 30,000 shares for $17.00 each. As a result, the insider received 510,000 and left with 223,369 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, CNTA now has a Market Capitalization of 1878746112 and an Enterprise Value of 1669565952. For the stock, the TTM Price-to-Sale (P/S) ratio is 271.57 while its Price-to-Book (P/B) ratio in mrq is 6.54. Its current Enterprise Value per Revenue stands at 243.626 whereas that against EBITDA is -10.765.
Stock Price History:
Over the past 52 weeks, CNTA has reached a high of $17.59, while it has fallen to a 52-week low of $5.15. The 50-Day Moving Average of the stock is 35.91%, while the 200-Day Moving Average is calculated to be 66.98%.
Shares Statistics:
For the past three months, CNTA has traded an average of 523.83K shares per day and 1618940 over the past ten days. A total of 98.77M shares are outstanding, with a floating share count of 75.51M. Insiders hold about 33.28% of the company’s shares, while institutions hold 43.30% stake in the company. Shares short for CNTA as of 1724976000 were 1973602 with a Short Ratio of 3.77, compared to 1722384000 on 1384705. Therefore, it implies a Short% of Shares Outstanding of 1973602 and a Short% of Float of 2.22.
