CRISPR Therapeutics AG (CRSP) Shares Down Despite Recent Market Volatility

The stock of CRISPR Therapeutics AG (NASDAQ: CRSP) has decreased by -3.15 when compared to last closing price of 57.19. Despite this, the company has experienced a -8.42% fall in its stock price over the last five trading sessions. zacks.com reported 2024-07-23 that CRISPR Therapeutics AG (CRSP) closed at $57.19 in the latest trading session, marking a +1.69% move from the prior day.

Is It Worth Investing in CRISPR Therapeutics AG (NASDAQ: CRSP) Right Now?

Additionally, the 36-month beta value for CRSP is 1.70. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 1 rating it as “overweight,” 3 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CRSP is 81.12M and currently, short sellers hold a 19.30% ratio of that float. The average trading volume of CRSP on July 25, 2024 was 1.35M shares.

CRSP’s Market Performance

CRSP stock saw a decrease of -8.42% in the past week, with a monthly decline of -4.40% and a quarterly a decrease of -1.81%. The volatility ratio for the week is 5.32%, and the volatility levels for the last 30 days are 4.61% for CRISPR Therapeutics AG (CRSP). The simple moving average for the past 20 days is -1.04% for CRSP’s stock, with a -9.57% simple moving average for the past 200 days.

Analysts’ Opinion of CRSP

TD Cowen gave a rating of “Underperform” to CRSP, setting the target price at $30 in the report published on December 11th of the previous year.

CRSP Trading at -2.84% 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 -39.20% of loss for the given period.

Volatility was left at 4.61%, however, over the last 30 days, the volatility rate increased by 5.32%, as shares sank -1.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +8.25% upper at present.

During the last 5 trading sessions, CRSP fell by -8.42%, which changed the moving average for the period of 200-days by +33.09% in comparison to the 20-day moving average, which settled at $55.94. In addition, CRISPR Therapeutics AG saw -11.52% in overturn over a single year, with a tendency to cut further losses.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CRSP starting from Bruno Julianne, who sale 3,366 shares at the price of $56.09 back on Jun 21 ’24. After this action, Bruno Julianne now owns 6,745 shares of CRISPR Therapeutics AG, valued at $188,799 using the latest closing price.

Kulkarni Samarth, the Chief Executive Officer of CRISPR Therapeutics AG, sale 19,582 shares at $59.91 during a trade that took place back on Apr 15 ’24, which means that Kulkarni Samarth is holding 208,122 shares at $1,173,232 based on the most recent closing price.

Stock Fundamentals for CRSP

Current profitability levels for the company are sitting at:

  • -1.1 for the present operating margin
  • 0.48 for the gross margin

The net margin for CRISPR Therapeutics AG stands at -0.8. The total capital return value is set at -0.13. Equity return is now at value -11.03, with -9.27 for asset returns.

Based on CRISPR Therapeutics AG (CRSP), the company’s capital structure generated 0.1 points at debt to capital in total, while cash flow to debt ratio is standing at -0.68. The debt to equity ratio resting at 0.11. The interest coverage ratio of the stock is -16.78.

Currently, EBITDA for the company is -202.7 million with net debt to EBITDA at 1.66. When we switch over and look at the enterprise to sales, we see a ratio of 15.64. The liquidity ratio also appears to be rather interesting for investors as it stands at 17.81.

Conclusion

In conclusion, CRISPR Therapeutics AG (CRSP) has seen bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. 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.

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