Beyond market averages, investors seeking exceptional growth focus on the art of stock selection. The right picks can significantly contribute to the expansion of your wealth.
As of close of business last night, Cytek BioSciences Inc’s stock clocked out at $3.82, up 1.33% from its previous closing price of $3.77. In other words, the price has increased by $1.33 from its previous closing price. On the day, 0.74 million shares were traded. CTKB stock price reached its highest trading level at $3.82 during the session, while it also had its lowest trading level at $3.73.
Ratios:
To gain a deeper understanding of CTKB’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 22.40. For the most recent quarter (mrq), Quick Ratio is recorded 5.21 and its Current Ratio is at 5.86. In the meantime, Its Debt-to-Equity ratio is 0.07 whereas as Long-Term Debt/Eq ratio is at 0.04.
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, Goldman on January 31, 2025, Downgraded its rating to Sell and sets its target price to $4.50 from $7 previously.
On December 14, 2023, Stephens started tracking the stock assigning a Overweight rating and target price of $9.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CTKB now has a Market Capitalization of 489330528 and an Enterprise Value of 228486992. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.44 while its Price-to-Book (P/B) ratio in mrq is 1.25. Its current Enterprise Value per Revenue stands at 1.14 whereas that against EBITDA is -14.36.
Stock Price History:
The Beta on a monthly basis for CTKB is 1.40, which has changed by -0.33680558 over the last 52 weeks, in comparison to a change of 0.07545352 over the same period for the S&P500. Over the past 52 weeks, CTKB has reached a high of $7.63, while it has fallen to a 52-week low of $3.27. The 50-Day Moving Average of the stock is -10.47%, while the 200-Day Moving Average is calculated to be -29.92%.
Shares Statistics:
It appears that CTKB traded 836.69K shares on average per day over the past three months and 649690 shares per day over the past ten days. A total of 129.21M shares are outstanding, with a floating share count of 116.09M. Insiders hold about 9.37% of the company’s shares, while institutions hold 60.14% stake in the company. Shares short for CTKB as of 1743379200 were 4533677 with a Short Ratio of 5.42, compared to 1740700800 on 3450615. Therefore, it implies a Short% of Shares Outstanding of 4533677 and a Short% of Float of 4.5700002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
