The stock of CRISPR Therapeutics AG (NASDAQ: CRSP) has increased by 5.32 when compared to last closing price of 56.23. Despite this, the company has experienced a 15.53% gain in its stock price over the last five trading sessions. InvestorPlace reported 2023-11-16 that Cathie Wood is as bullish as ever, but recent economic indicators point to strength for her favorite stocks. In an interview, Cathie Wood emphasized that deflation is now a key concern rather than inflation.
Is It Worth Investing in CRISPR Therapeutics AG (NASDAQ: CRSP) Right Now?
compared to its average ratio and a 36-month beta value of 1.67. Analysts have mixed views on the stock, with 15 analysts rating it as a “buy,” 0 as “overweight,” 11 as “hold,” and 2 as “sell.”
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The average price point forecasted by analysts for CRISPR Therapeutics AG (CRSP) is $87.78, which is $28.56 above the current market price. The public float for CRSP is 76.27M, and currently, short sellers hold a 18.21% ratio of that float. The average trading volume of CRSP on November 17, 2023 was 1.39M shares.
CRSP’s Market Performance
The stock of CRISPR Therapeutics AG (CRSP) has seen a 15.53% increase in the past week, with a 35.64% rise in the past month, and a 25.76% gain in the past quarter. The volatility ratio for the week is 7.14%, and the volatility levels for the past 30 days are at 7.67% for CRSP. The simple moving average for the past 20 days is 27.33% for CRSP’s stock, with a 14.96% simple moving average for the past 200 days.
CRSP Trading at 27.82% from the 50-Day Moving Average
After a stumble in the market that brought CRSP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -17.75% of loss for the given period.
Volatility was left at 7.67%, however, over the last 30 days, the volatility rate increased by 7.14%, as shares surge +46.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +15.91% upper at present.
During the last 5 trading sessions, CRSP rose by +15.53%, which changed the moving average for the period of 200-days by +16.07% in comparison to the 20-day moving average, which settled at $47.45. In addition, CRISPR Therapeutics AG saw 45.68% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at CRSP starting from Kulkarni Samarth, who sale 25,000 shares at the price of $64.88 back on May 30. After this action, Kulkarni Samarth now owns 387,377 shares of CRISPR Therapeutics AG, valued at $1,621,894 using the latest closing price.
Kulkarni Samarth, the Chief Executive Officer of CRISPR Therapeutics AG, sale 25,000 shares at $50.67 during a trade that took place back on Apr 25, which means that Kulkarni Samarth is holding 387,377 shares at $1,266,638 based on the most recent closing price.
Stock Fundamentals for CRSP
Current profitability levels for the company are sitting at:
- -56190.40 for the present operating margin
- -11120.53 for the gross margin
The net margin for CRISPR Therapeutics AG stands at -54271.70. The total capital return value is set at -28.38, while invested capital returns managed to touch -27.57. Equity return is now at value -19.20, with -15.92 for asset returns.
Based on CRISPR Therapeutics AG (CRSP), the company’s capital structure generated 13.01 points at debt to equity in total, while total debt to capital is 11.51. Total debt to assets is 10.88, with long-term debt to equity ratio resting at 12.17. Finally, the long-term debt to capital ratio is 10.77.
When we switch over and look at the enterprise to sales, we see a ratio of 17.03, with the company’s debt to enterprise value settled at 0.15. The receivables turnover for the company is 0.12 and the total asset turnover is 0.00. The liquidity ratio also appears to be rather interesting for investors as it stands at 15.30.
Conclusion
To put it simply, CRISPR Therapeutics AG (CRSP) has had a better performance in recent times. Analysts have a bearish opinion on the stock, with some rating it as a “sell” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.