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.
The price of Coherus Biosciences Inc (NASDAQ: CHRS) closed at $1.09 in the last session, up 2.83% from day before closing price of $1.06. In other words, the price has increased by $2.83 from its previous closing price. On the day, 1.86 million shares were traded. CHRS stock price reached its highest trading level at $1.1 during the session, while it also had its lowest trading level at $1.03.
Ratios:
We take a closer look at CHRS’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 0.96 and its Current Ratio is at 1.21.
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, UBS on August 16, 2024, Downgraded its rating to Neutral and sets its target price to $1.50 from $4 previously.
On November 17, 2023, Robert W. Baird started tracking the stock assigning a Outperform rating and target price of $11.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CHRS now has a Market Capitalization of 129804832 and an Enterprise Value of 298987552. As of this moment, Coherus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 6.25. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.47. Its current Enterprise Value per Revenue stands at 1.12 whereas that against EBITDA is -3.356.
Stock Price History:
The Beta on a monthly basis for CHRS is 0.76, which has changed by -0.46039605 over the last 52 weeks, in comparison to a change of 0.042615533 over the same period for the S&P500. Over the past 52 weeks, CHRS has reached a high of $2.43, while it has fallen to a 52-week low of $0.66. The 50-Day Moving Average of the stock is 10.45%, while the 200-Day Moving Average is calculated to be -8.33%.
Shares Statistics:
According to the various share statistics, CHRS traded on average about 2.03M shares per day over the past 3-months and 2059670 shares per day over the past 10 days. A total of 115.61M shares are outstanding, with a floating share count of 111.29M. Insiders hold about 3.98% of the company’s shares, while institutions hold 54.15% stake in the company. Shares short for CHRS as of 1743379200 were 32489074 with a Short Ratio of 15.99, compared to 1740700800 on 30771823. Therefore, it implies a Short% of Shares Outstanding of 32489074 and a Short% of Float of 32.700002.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
