Market Momentum Report: Kronos Bio Inc (KRON)’s Negative Close at 0.88

Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.

The price of Kronos Bio Inc (NASDAQ: KRON) closed at $0.88 in the last session, down -0.28% from day before closing price of $0.89. In other words, the price has decreased by -$0.28 from its previous closing price. On the day, 1.19 million shares were traded.

Ratios:

We take a closer look at KRON’s different ratios to gain a better understanding of the stock. 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:

An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Jun 05 ’25 when KNOBELMAN DEBORAH sold 24,838 shares for $0.87 per share. The transaction valued at 21,554 led to the insider holds 139,422 shares of the business.

BISCHOFBERGER NORBERT W bought 410,848 shares of KRON for $478,843 on Jun 27 ’24. The PRESIDENT & CEO now owns 10,597,468 shares after completing the transaction at $1.17 per share. On Jun 28 ’24, another insider, BISCHOFBERGER NORBERT W, who serves as the PRESIDENT & CEO of the company, bought 204,670 shares for $1.25 each. As a result, the insider paid 254,957 and bolstered with 10,802,138 shares of the company.

Valuation Measures:

For the stock, the TTM Price-to-Sale (P/S) ratio is 5.87 while its Price-to-Book (P/B) ratio in mrq is 0.68.

Stock Price History:

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 13.30%, while the 200-Day Moving Average is calculated to be -2.69%.

Shares Statistics:

A total of 60.97M shares are outstanding, with a floating share count of 39.45M. Insiders hold about 35.30% of the company’s shares, while institutions hold 22.98% stake in the company.

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