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After finishing at $46.74 in the prior trading day, CRISPR Therapeutics AG (NASDAQ: CRSP) closed at $46.79, up 0.11%. In other words, the price has increased by $0.11 from its previous closing price. On the day, 0.81 million shares were traded. CRSP stock price reached its highest trading level at $47.4 during the session, while it also had its lowest trading level at $46.46.
Ratios:
Our goal is to gain a better understanding of CRSP by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 15.73 and its Current Ratio is at 15.73. In the meantime, Its Debt-to-Equity ratio is 0.12 whereas as Long-Term Debt/Eq ratio is at 0.11.
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 this company, Needham on August 06, 2024, Reiterated its Buy rating but revised its target price to $84 from $88 previously.
On August 02, 2024, Rodman & Renshaw started tracking the stock assigning a Buy rating and target price of $90.
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 21 ’24 when Bruno Julianne sold 3,366 shares for $56.09 per share. The transaction valued at 188,799 led to the insider holds 6,745 shares of the business.
Kulkarni Samarth sold 19,582 shares of CRSP for $1,173,232 on Apr 15 ’24. The Chief Executive Officer now owns 208,122 shares after completing the transaction at $59.91 per share. On Mar 15 ’24, another insider, Prasad Raju, who serves as the Chief Financial Officer of the company, sold 3,524 shares for $72.69 each. As a result, the insider received 256,160 and left with 6,476 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, CRSP now has a Market Capitalization of 3985020160 and an Enterprise Value of 2214702080. For the stock, the TTM Price-to-Sale (P/S) ratio is 19.71 while its Price-to-Book (P/B) ratio in mrq is 2.01. Its current Enterprise Value per Revenue stands at 10.952 whereas that against EBITDA is -6.608.
Stock Price History:
Over the past 52 weeks, CRSP has reached a high of $91.10, while it has fallen to a 52-week low of $37.55. The 50-Day Moving Average of the stock is -7.21%, while the 200-Day Moving Average is calculated to be -22.70%.
Shares Statistics:
The stock has traded on average 1.20M shares per day over the past 3-months and 1197070 shares per day over the last 10 days, according to various share statistics. A total of 85.17M shares are outstanding, with a floating share count of 81.47M. Insiders hold about 4.34% of the company’s shares, while institutions hold 63.32% stake in the company. Shares short for CRSP as of 1724976000 were 17439381 with a Short Ratio of 14.58, compared to 1722384000 on 16428259. Therefore, it implies a Short% of Shares Outstanding of 17439381 and a Short% of Float of 23.21.
