Quarterly Snapshot: Quick and Current Ratios for CytomX Therapeutics Inc (CTMX)

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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.8 million shares were traded. CTMX stock price reached its highest trading level at $1.27 during the session, while it also had its lowest trading level at $1.17.

Ratios:

Our analysis of CTMX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 1.00 and its Current Ratio is at 1.00.

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, Piper Sandler on May 28, 2024, Upgraded its rating to Overweight and sets its target price to $3.50 from $2.25 previously.

On May 09, 2024, Wedbush Upgraded its rating to Outperform which previously was Neutral but kept the price unchanged to $8.

Jefferies Upgraded its Hold to Buy on May 06, 2024, whereas the target price for the stock was revised from $2.50 to $8.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Aug 20 ’24 when Landau Jeffrey B sold 4,181 shares for $1.23 per share. The transaction valued at 5,139 led to the insider holds 119,056 shares of the business.

BELVIN MARCIA sold 4,181 shares of CTMX for $5,139 on Aug 20 ’24. The SVP, Chief Scientific Officer now owns 175,648 shares after completing the transaction at $1.23 per share. On Aug 20 ’24, another insider, ROWLAND LLOYD A, who serves as the General Counsel of the company, sold 4,181 shares for $1.23 each. As a result, the insider received 5,139 and left with 130,797 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, CTMX now has a Market Capitalization of 93741120 and an Enterprise Value of -31694878. As of this moment, CytomX’s Price-to-Earnings (P/E) ratio for their current fiscal year is 8.61. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78. Its current Enterprise Value per Revenue stands at -0.265 whereas that against EBITDA is -4.161.

Stock Price History:

Over the past 52 weeks, CTMX has reached a high of $5.85, while it has fallen to a 52-week low of $1.04. The 50-Day Moving Average of the stock is -4.05%, while the 200-Day Moving Average is calculated to be -28.82%.

Shares Statistics:

CTMX traded an average of 789.60K shares per day over the past three months and 1090410 shares per day over the past ten days. A total of 78.12M shares are outstanding, with a floating share count of 76.79M. Insiders hold about 1.69% of the company’s shares, while institutions hold 72.25% stake in the company. Shares short for CTMX as of 1726185600 were 6983376 with a Short Ratio of 8.84, compared to 1723680000 on 7874310. Therefore, it implies a Short% of Shares Outstanding of 6983376 and a Short% of Float of 9.0.

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