Upward Trajectory: CryoPort Inc (CYRX) Posts a Gaine, Closing at 10.29

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The closing price of CryoPort Inc (NASDAQ: CYRX) was $10.29 for the day, up 0.10% from the previous closing price of $10.28. In other words, the price has increased by $0.10 from its previous closing price. On the day, 1.08 million shares were traded. CYRX stock price reached its highest trading level at $10.55 during the session, while it also had its lowest trading level at $10.1.

Ratios:

Our analysis of CYRX’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 10.22 and its Current Ratio is at 10.73. In the meantime, Its Debt-to-Equity ratio is 0.88 whereas as Long-Term Debt/Eq ratio is at 0.87.

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:

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 May 15 ’24 when BERMAN RICHARD J sold 8,105 shares for $13.41 per share. The transaction valued at 108,693 led to the insider holds 100,000 shares of the business.

ZECCHINI EDWARD J sold 3,443 shares of CYRX for $46,042 on May 14 ’24. The Chief Digital and Tech Officer now owns 60,051 shares after completing the transaction at $13.37 per share. On Mar 25 ’24, another insider, SHELTON JERRELL, who serves as the Chief Executive Officer of the company, sold 2,631 shares for $17.54 each. As a result, the insider received 46,154 and left with 692,182 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 506858656 and an Enterprise Value of 501529088. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.25 while its Price-to-Book (P/B) ratio in mrq is 1.14. Its current Enterprise Value per Revenue stands at 2.229 whereas that against EBITDA is -12.136.

Stock Price History:

Over the past 52 weeks, CYRX has reached a high of $23.50, while it has fallen to a 52-week low of $9.00. The 50-Day Moving Average of the stock is -33.47%, while the 200-Day Moving Average is calculated to be -29.08%.

Shares Statistics:

CYRX traded an average of 495.32K shares per day over the past three months and 476760 shares per day over the past ten days. A total of 48.97M shares are outstanding, with a floating share count of 47.57M. Insiders hold about 3.42% of the company’s shares, while institutions hold 105.08% stake in the company. Shares short for CYRX as of 1715731200 were 4069906 with a Short Ratio of 8.22, compared to 1713139200 on 4431832. Therefore, it implies a Short% of Shares Outstanding of 4069906 and a Short% of Float of 9.950000000000001.

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