Corbus Pharmaceuticals Holdings Inc. (NASDAQ:CRBP) went down by -3.23% from its latest closing price compared to the recent 1-year high of $9.78. The company’s stock price has collected 15.02% of gains in the last five trading sessions. Press Release reported on 09/08/20 that Corbus Pharmaceuticals Announces Topline Results from RESOLVE-1 Phase 3 Study of Lenabasum for Treatment of Systemic Sclerosis
Is It Worth Investing in Corbus Pharmaceuticals Holdings Inc. (NASDAQ :CRBP) Right Now?
Plus, the 36-month beta value for CRBP is at 1.92. Opinions of the stock are interesting as 1 analysts out of 6 who provided ratings for Corbus Pharmaceuticals Holdings Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 5 rated it as “hold,” and 0 as “sell.”
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The average price from analysts is $3.63. CRBP currently public float of 73.07M and currently shorts hold a 25.05% ratio of that float. Today, the average trading volume of CRBP was 4.07M shares.
CRBP’s Market Performance
CRBP stocks went up by 15.02% for the week, with a monthly drop of -80.81% and a quarterly performance of -77.24%, while its annual performance rate touched -64.32%. The volatility ratio for the week stands at 14.15% while the volatility levels for the past 30 days are set at 12.54% for Corbus Pharmaceuticals Holdings Inc.. The simple moving average for the period of the last 20 days is -31.32% for CRBP stocks with a simple moving average of -70.38% for the last 200 days.
Analysts’ Opinion of CRBP
Many brokerage firms have already submitted their reports for CRBP stocks, with ROTH Capital repeating the rating for CRBP by listing it as a “Neutral.” The predicted price for CRBP in the upcoming period, according to ROTH Capital is $3 based on the research report published on September 08th of the current year 2020.
Jefferies gave a rating of “Hold” to CRBP, setting the target price at $2.50 in the report published on September 08th of the current year.
CRBP Trading at -67.49% from the 50-Day Moving Average
After a stumble in the market that brought CRBP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -81.60% of loss for the given period.
Volatility was left at 12.54%, however, over the last 30 days, the volatility rate increased by 14.15%, as shares sank -80.81% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -73.53% lower at present.
During the last 5 trading sessions, CRBP rose by +15.02%, which changed the moving average for the period of 200-days by -64.88% in comparison to the 20-day moving average, which settled at $2.2420. In addition, Corbus Pharmaceuticals Holdings Inc. saw -67.03% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at CRBP starting from Millian Craig Stuart, who purchase 2,000 shares at the price of $4.25 back on Mar 17. After this action, Millian Craig Stuart now owns 12,000 shares of Corbus Pharmaceuticals Holdings Inc., valued at $8,500 using the latest closing price.
Cohen Yuval, the Chief Executive Officer of Corbus Pharmaceuticals Holdings Inc., purchase 4,300 shares at $3.49 during a trade that took place back on Mar 17, which means that Cohen Yuval is holding 71,090 shares at $15,007 based on the most recent closing price.
Stock Fundamentals for CRBP
Current profitability levels for the company are sitting at:
- -226.01 for the present operating margin
The net margin for Corbus Pharmaceuticals Holdings Inc. stands at -197.69. The total capital return value is set at -375.38, while invested capital returns managed to touch -342.06. Equity return is now at value -430.80, with -164.10 for asset returns.
Based on Corbus Pharmaceuticals Holdings Inc. (CRBP), the company’s capital structure generated 153.40 points at debt to equity in total, while total debt to capital is 60.54. Total debt to assets is 19.22, with long-term debt to equity ratio resting at 131.50. Finally, the long-term debt to capital ratio is 51.89.
When we switch over and look at the enterrpise to sales, we see a ratio of 9.04, with the company’s debt to enterprise value settled at 0.03. The receivables turnover for the company is 26.96 and the total asset turnover is 0.75. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.09.