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After finishing at $4.63 in the prior trading day, CARGO Therapeutics Inc (NASDAQ: CRGX) closed at $4.54, down -1.94%. In other words, the price has decreased by -$1.94 from its previous closing price. On the day, 0.64 million shares were traded.
Ratios:
Our goal is to gain a better understanding of CRGX by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 13.79 and its Current Ratio is at 13.79. In the meantime, Its Debt-to-Equity ratio is 0.08 whereas as Long-Term Debt/Eq ratio is at 0.08.
On January 30, 2025, Truist Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $32 to $7.
Piper Sandler Downgraded its Overweight to Neutral on January 30, 2025, whereas the target price for the stock was revised from $34 to $4.
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 Apr 03 ’25 when Radhakrishnan Anup sold 1,629 shares for $4.00 per share. The transaction valued at 6,522 led to the insider holds 77,317 shares of the business.
Chapman Gina sold 7,166 shares of CRGX for $179,775 on Sep 18 ’24. The President & CEO now owns 103,905 shares after completing the transaction at $25.09 per share. On Sep 19 ’24, another insider, Chapman Gina, who serves as the President & CEO of the company, sold 2,975 shares for $25.03 each. As a result, the insider received 74,457 and left with 103,905 shares of the company.
Stock Price History:
Over the past 52 weeks, CRGX has reached a high of $25.45, while it has fallen to a 52-week low of $3.00. The 50-Day Moving Average of the stock is 10.25%, while the 200-Day Moving Average is calculated to be -65.95%.
Shares Statistics:
A total of 46.04M shares are outstanding, with a floating share count of 29.81M. Insiders hold about 35.28% of the company’s shares, while institutions hold 83.61% stake in the company.
