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In the latest session, CARGO Therapeutics Inc (NASDAQ: CRGX) closed at $4.08 down -3.55% from its previous closing price of $4.23. In other words, the price has decreased by -$3.55 from its previous closing price. On the day, 0.72 million shares were traded.
Ratios:
For a deeper understanding of CARGO Therapeutics Inc’s stock, let’s take a closer look at its various 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 -2.17%, while the 200-Day Moving Average is calculated to be -68.61%.
Shares Statistics:
A total of 46.04M shares are outstanding, with a floating share count of 29.85M. Insiders hold about 35.26% of the company’s shares, while institutions hold 90.53% stake in the company.
