Investors seeking to outperform the market often focus on hand-picking stocks. Selecting the right ones has proven to be a key factor in boosting wealth.
CryoPort Inc (NASDAQ: CYRX) closed the day trading at $16.00 up 0.31% from the previous closing price of $15.95. In other words, the price has increased by $0.31 from its previous closing price. On the day, 0.54 million shares were traded. CYRX stock price reached its highest trading level at $16.645 during the session, while it also had its lowest trading level at $15.83.
Ratios:
For a better understanding of CYRX, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 11.16 and its Current Ratio is at 11.73. In the meantime, Its Debt-to-Equity ratio is 0.85 whereas as Long-Term Debt/Eq ratio is at 0.84.
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, B. Riley Securities on May 03, 2024, Downgraded its rating to Neutral and sets its target price to $19 from $22 previously.
Needham reiterated its Buy rating for the stock on March 13, 2024, while the target price for the stock was revised from $19 to $18.
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 Mar 25 ’24 when SHELTON JERRELL sold 2,631 shares for $17.54 per share. The transaction valued at 46,154 led to the insider holds 692,182 shares of the business.
Sawicki Mark W sold 1,367 shares of CYRX for $23,980 on Mar 25 ’24. The Chief Scientific Officer now owns 77,444 shares after completing the transaction at $17.54 per share. On Mar 25 ’24, another insider, STEFANOVICH ROBERT, who serves as the Chief Financial Officer of the company, sold 1,079 shares for $17.54 each. As a result, the insider received 18,928 and left with 128,333 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, CYRX now has a Market Capitalization of 786632000 and an Enterprise Value of 769162624. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.36 while its Price-to-Book (P/B) ratio in mrq is 1.69. Its current Enterprise Value per Revenue stands at 3.298 whereas that against EBITDA is -24.687.
Stock Price History:
Over the past 52 weeks, CYRX has reached a high of $24.17, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -5.35%, while the 200-Day Moving Average is calculated to be 8.65%.
Shares Statistics:
Over the past 3-months, CYRX traded about 445.97K shares per day on average, while over the past 10 days, CYRX traded about 363520 shares per day. A total of 48.97M shares are outstanding, with a floating share count of 47.85M. Insiders hold about 2.31% of the company’s shares, while institutions hold 103.50% stake in the company. Shares short for CYRX as of 1713139200 were 4431832 with a Short Ratio of 9.94, compared to 1710460800 on 4172698. Therefore, it implies a Short% of Shares Outstanding of 4431832 and a Short% of Float of 10.86.
