Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
Korro Bio Inc (NASDAQ: KRRO) closed the day trading at $10.80 down -5.43% from the previous closing price of $11.42. In other words, the price has decreased by -$5.43 from its previous closing price. On the day, 0.61 million shares were traded.
Ratios:
For a better understanding of KRRO, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 9.41 and its Current Ratio is at 9.41. In the meantime, Its Debt-to-Equity ratio is 0.33 whereas as Long-Term Debt/Eq ratio is at 0.31.
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, Cantor Fitzgerald on April 29, 2025, initiated with a Overweight rating and assigned the stock a target price of $74.
On April 16, 2025, Chardan Capital Markets started tracking the stock assigning a Buy rating and target price of $25.
On January 10, 2025, Oppenheimer started tracking the stock assigning a Outperform rating and target price of $155.Oppenheimer initiated its Outperform rating on January 10, 2025, with a $155 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 Nov 11 ’24 when Agarwal Vineet sold 800 shares for $70.00 per share. The transaction valued at 56,000 led to the insider holds 0 shares of the business.
Agarwal Vineet bought 800 shares of KRRO for $56,000 on Nov 11 ’24. On Oct 17 ’24, another insider, Agarwal Vineet, who serves as the Chief Financial Officer of the company, sold 10,216 shares for $78.26 each. As a result, the insider received 799,527 and left with 0 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 21.04 while its Price-to-Book (P/B) ratio in mrq is 0.73.
Stock Price History:
Over the past 52 weeks, KRRO has reached a high of $98.00, while it has fallen to a 52-week low of $11.00. The 50-Day Moving Average of the stock is -31.13%, while the 200-Day Moving Average is calculated to be -69.48%.
Shares Statistics:
A total of 9.39M shares are outstanding, with a floating share count of 5.49M. Insiders hold about 41.54% of the company’s shares, while institutions hold 72.03% stake in the company.
