Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of CureVac N.V (NASDAQ: CVAC) was $3.45 for the day, up 1.17% from the previous closing price of $3.41. In other words, the price has increased by $1.17 from its previous closing price. On the day, 1.22 million shares were traded. CVAC stock price reached its highest trading level at $3.66 during the session, while it also had its lowest trading level at $3.33.
Ratios:
Our analysis of CVAC’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 1.26 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.83. For the most recent quarter (mrq), Quick Ratio is recorded 6.19 and its Current Ratio is at 6.20. In the meantime, Its Debt-to-Equity ratio is 0.06 whereas as Long-Term Debt/Eq ratio is at 0.05.
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, Leerink Partners on April 25, 2024, Downgraded its rating to Market Perform and sets its target price to $4 from $12 previously.
On June 08, 2023, SVB Securities started tracking the stock assigning a Outperform rating and target price of $13.
UBS Upgraded its Neutral to Buy on January 19, 2023, whereas the target price for the stock was revised from $8 to $18.
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 Sep 27 ’24 when Pierre Kemula bought 55 shares for $3.08 per share.
Pierre Kemula bought 34,000 shares of CVAC for $105,400 on Sep 25 ’24.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CVAC now has a Market Capitalization of 773966080 and an Enterprise Value of 610403328. As of this moment, CureVac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.35. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.30 while its Price-to-Book (P/B) ratio in mrq is 0.96. Its current Enterprise Value per Revenue stands at 9.268 whereas that against EBITDA is -2.258.
Stock Price History:
Over the past 52 weeks, CVAC has reached a high of $5.28, while it has fallen to a 52-week low of $2.21. The 50-Day Moving Average of the stock is 19.30%, while the 200-Day Moving Average is calculated to be 9.68%.
Shares Statistics:
CVAC traded an average of 504.28K shares per day over the past three months and 619450 shares per day over the past ten days. A total of 224.34M shares are outstanding, with a floating share count of 93.63M. Insiders hold about 58.26% of the company’s shares, while institutions hold 5.15% stake in the company. Shares short for CVAC as of 1734048000 were 3938314 with a Short Ratio of 7.81, compared to 1731628800 on 4410820. Therefore, it implies a Short% of Shares Outstanding of 3938314 and a Short% of Float of 9.819999.
