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The closing price of CRISPR Therapeutics AG (NASDAQ: CRSP) was $60.48 for the day, down -3.62% from the previous closing price of $62.75. In other words, the price has decreased by -$3.62 from its previous closing price. On the day, 1.59 million shares were traded. CRSP stock price reached its highest trading level at $63.3899 during the session, while it also had its lowest trading level at $60.26.
Ratios:
Our analysis of CRSP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 17.81 and its Current Ratio is at 17.81. In the meantime, Its Debt-to-Equity ratio is 0.11 whereas as Long-Term Debt/Eq ratio is at 0.11.
TD Cowen Downgraded its Market Perform to Underperform on December 11, 2023, while the target price for the stock was maintained at $30.
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 Jun 21 ’24 when Bruno Julianne sold 3,366 shares for $56.09 per share. The transaction valued at 188,799 led to the insider holds 6,745 shares of the business.
Kulkarni Samarth sold 19,582 shares of CRSP for $1,173,232 on Apr 15 ’24. The Chief Executive Officer now owns 208,122 shares after completing the transaction at $59.91 per share. On Mar 15 ’24, another insider, Kulkarni Samarth, who serves as the Chief Executive Officer of the company, sold 20,000 shares for $72.48 each. As a result, the insider received 1,449,628 and left with 208,122 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, CRSP now has a Market Capitalization of 5328608256 and an Enterprise Value of 3262648320. For the stock, the TTM Price-to-Sale (P/S) ratio is 18.90 while its Price-to-Book (P/B) ratio in mrq is 2.46. Its current Enterprise Value per Revenue stands at 12.008 whereas that against EBITDA is -11.693.
Stock Price History:
Over the past 52 weeks, CRSP has reached a high of $91.10, while it has fallen to a 52-week low of $37.55. The 50-Day Moving Average of the stock is 6.44%, while the 200-Day Moving Average is calculated to be -0.77%.
Shares Statistics:
CRSP traded an average of 1.35M shares per day over the past three months and 1367300 shares per day over the past ten days. A total of 84.92M shares are outstanding, with a floating share count of 81.12M. Insiders hold about 4.47% of the company’s shares, while institutions hold 62.61% stake in the company. Shares short for CRSP as of 1719532800 were 15652762 with a Short Ratio of 11.58, compared to 1717113600 on 15660985. Therefore, it implies a Short% of Shares Outstanding of 15652762 and a Short% of Float of 20.91.
