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Checkpoint Therapeutics Inc (NASDAQ: CKPT) closed the day trading at $2.42 down -5.84% from the previous closing price of $2.57. In other words, the price has decreased by -$5.84 from its previous closing price. On the day, 0.63 million shares were traded. CKPT stock price reached its highest trading level at $2.6399 during the session, while it also had its lowest trading level at $2.4.
Ratios:
For a better understanding of CKPT, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.54.
On June 09, 2021, B. Riley Securities started tracking the stock assigning a Buy rating and target price of $18.
On January 20, 2021, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $16.Cantor Fitzgerald initiated its Overweight rating on January 20, 2021, with a $16 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 26 ’24 when Oliviero James F III sold 24,610 shares for $2.05 per share. The transaction valued at 50,450 led to the insider holds 1,977,170 shares of the business.
GRAY WILLIAM GARRETT sold 13,038 shares of CKPT for $26,858 on Jun 26 ’24. The Chief Financial Officer now owns 672,186 shares after completing the transaction at $2.06 per share. On Feb 28 ’24, another insider, Oliviero James F III, who serves as the CEO, President and Director of the company, sold 5,894 shares for $2.06 each. As a result, the insider received 12,142 and left with 350,836 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, CKPT now has a Market Capitalization of 92154328 and an Enterprise Value of 77936672. For the stock, the TTM Price-to-Sale (P/S) ratio is 1316.48. Its current Enterprise Value per Revenue stands at 1146.128.
Stock Price History:
Over the past 52 weeks, CKPT has reached a high of $3.62, while it has fallen to a 52-week low of $1.30. The 50-Day Moving Average of the stock is 14.87%, while the 200-Day Moving Average is calculated to be 19.29%.
Shares Statistics:
Over the past 3-months, CKPT traded about 405.52K shares per day on average, while over the past 10 days, CKPT traded about 551430 shares per day. A total of 38.08M shares are outstanding, with a floating share count of 30.34M. Insiders hold about 20.34% of the company’s shares, while institutions hold 14.61% stake in the company. Shares short for CKPT as of 1721001600 were 3936616 with a Short Ratio of 9.71, compared to 1718323200 on 3817689. Therefore, it implies a Short% of Shares Outstanding of 3936616 and a Short% of Float of 11.359999.
