Those aspiring to outpace the market meticulously engage in the process of selecting individual stocks. Strategic choices can be instrumental in accelerating your wealth.
CureVac N.V. (NASDAQ: CVAC) closed the day trading at $2.33 up 0.87% from the previous closing price of $2.31. In other words, the price has increased by $0.87 from its previous closing price. On the day, 0.84 million shares were traded. CVAC stock price reached its highest trading level at $2.42 during the session, while it also had its lowest trading level at $2.28.
Ratios:
For a better understanding of CVAC, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.43 and its Current Ratio is at 2.57. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.07.
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, Leerink Partners on April 25, 2024, Downgraded its rating to Market Perform and sets its target price to $4 from $12 previously.
On June 08, 2023, SVB Securities started tracking the stock assigning a Outperform rating and target price of $13.
UBS Upgraded its Neutral to Buy on January 19, 2023, whereas the target price for the stock was revised from $8 to $18.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVAC now has a Market Capitalization of 521742912 and an Enterprise Value of 161265616. For the stock, the TTM Price-to-Sale (P/S) ratio is 8.98 while its Price-to-Book (P/B) ratio in mrq is 0.91. Its current Enterprise Value per Revenue stands at 3.0 whereas that against EBITDA is -0.633.
Stock Price History:
Over the past 52 weeks, CVAC has reached a high of $12.36, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is -24.63%, while the 200-Day Moving Average is calculated to be -57.75%.
Shares Statistics:
Over the past 3-months, CVAC traded about 796.75K shares per day on average, while over the past 10 days, CVAC traded about 821890 shares per day. A total of 223.99M shares are outstanding, with a floating share count of 91.60M. Insiders hold about 59.08% of the company’s shares, while institutions hold 10.03% stake in the company. Shares short for CVAC as of 1713139200 were 4187022 with a Short Ratio of 5.26, compared to 1710460800 on 4855043. Therefore, it implies a Short% of Shares Outstanding of 4187022 and a Short% of Float of 10.5399996.
