Caribou Biosciences Inc (NASDAQ: CRBU)’s stock price has plunge by -4.63relation to previous closing price of 1.79. Nevertheless, the company has seen a -9.20% plunge in its stock price over the last five trading sessions. globenewswire.com reported 2024-06-02 that — CB-010 allogeneic CAR-T cell therapy w ith partial HLA matching has potential to rival efficacy and safety profile of approved autologous CAR-T cell therapies — — 14.4 months median PFS in ANTLER patients with partial HLA matching (≥4 alleles) —
Is It Worth Investing in Caribou Biosciences Inc (NASDAQ: CRBU) Right Now?
Company’s 36-month beta value is 2.33.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
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The public float for CRBU is 79.88M, and currently, short sellers hold a 14.41% ratio of that floaft. The average trading volume of CRBU on June 17, 2024 was 2.14M shares.
CRBU’s Market Performance
CRBU stock saw a decrease of -9.20% in the past week, with a monthly decline of -52.45% and a quarterly a decrease of -67.33%. The volatility ratio for the week is 7.89%, and the volatility levels for the last 30 days are 8.28% for Caribou Biosciences Inc (CRBU). The simple moving average for the past 20 days is -32.10% for CRBU’s stock, with a -65.69% simple moving average for the past 200 days.
Analysts’ Opinion of CRBU
Many brokerage firms have already submitted their reports for CRBU stocks, with Evercore ISI repeating the rating for CRBU by listing it as a “In-line.” The predicted price for CRBU in the upcoming period, according to Evercore ISI is $3 based on the research report published on June 03, 2024 of the current year 2024.
Evercore ISI gave a rating of “Outperform” to CRBU, setting the target price at $13 in the report published on October 31st of the previous year.
CRBU Trading at -48.85% from the 50-Day Moving Average
After a stumble in the market that brought CRBU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -80.13% of loss for the given period.
Volatility was left at 8.28%, however, over the last 30 days, the volatility rate increased by 7.89%, as shares sank -49.85% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -62.22% lower at present.
During the last 5 trading sessions, CRBU fell by -9.57%, which changed the moving average for the period of 200-days by -71.67% in comparison to the 20-day moving average, which settled at $2.4295. In addition, Caribou Biosciences Inc saw -70.21% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CRBU
Current profitability levels for the company are sitting at:
- -3.92 for the present operating margin
- 0.82 for the gross margin
The net margin for Caribou Biosciences Inc stands at -3.45. The total capital return value is set at -0.35. Equity return is now at value -37.09, with -30.56 for asset returns.
Based on Caribou Biosciences Inc (CRBU), the company’s capital structure generated 0.07 points at debt to capital in total, while cash flow to debt ratio is standing at -3.72. The debt to equity ratio resting at 0.08. The interest coverage ratio of the stock is -42.63.
Currently, EBITDA for the company is -112.53 million with net debt to EBITDA at 0.17. When we switch over and look at the enterprise to sales, we see a ratio of 3.94. The receivables turnover for the company is 9.25for trailing twelve months and the total asset turnover is 0.08. The liquidity ratio also appears to be rather interesting for investors as it stands at 10.49.
Conclusion
In a nutshell, Caribou Biosciences Inc (CRBU) has experienced a bad performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
