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After finishing at $1.42 in the prior trading day, Checkpoint Therapeutics Inc (NASDAQ: CKPT) closed at $1.43, up 0.70%. In other words, the price has increased by $0.70 from its previous closing price. On the day, 0.52 million shares were traded. CKPT stock price reached its highest trading level at $1.46 during the session, while it also had its lowest trading level at $1.39.
Ratios:
Our goal is to gain a better understanding of CKPT by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.29 and its Current Ratio is at 0.29.
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 Feb 28 ’24 when Oliviero James F III sold 5,894 shares for $2.06 per share. The transaction valued at 12,142 led to the insider holds 350,836 shares of the business.
GRAY WILLIAM GARRETT sold 2,035 shares of CKPT for $4,212 on Feb 28 ’24. The Chief Financial Officer now owns 145,224 shares after completing the transaction at $2.07 per share. On Feb 01 ’24, another insider, Oliviero James F III, who serves as the CEO, President and Director of the company, sold 11,900 shares for $2.01 each. As a result, the insider received 23,919 and left with 369,680 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 51031408 and an Enterprise Value of 46103380. For the stock, the TTM Price-to-Sale (P/S) ratio is 510.37. Its current Enterprise Value per Revenue stands at 447.606.
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 -25.01%, while the 200-Day Moving Average is calculated to be -31.76%.
Shares Statistics:
The stock has traded on average 469.85K shares per day over the past 3-months and 415420 shares per day over the last 10 days, according to various share statistics. A total of 35.69M shares are outstanding, with a floating share count of 30.61M. Insiders hold about 14.22% of the company’s shares, while institutions hold 13.66% stake in the company. Shares short for CKPT as of 1713139200 were 3779422 with a Short Ratio of 8.04, compared to 1710460800 on 3670889. Therefore, it implies a Short% of Shares Outstanding of 3779422 and a Short% of Float of 11.709999999999999.
