Compass Therapeutics Inc (CMPX) Stock: Analyzing the Quarterly Movement

In the past week, CMPX stock has gone up by 7.51%, with a monthly gain of 24.21% and a quarterly plunge of -5.93%. The volatility ratio for the week is 6.50%, and the volatility levels for the last 30 days are 8.41% for Compass Therapeutics Inc The simple moving average for the last 20 days is 14.02% for CMPX stock, with a simple moving average of -13.73% for the last 200 days.

Is It Worth Investing in Compass Therapeutics Inc (NASDAQ: CMPX) Right Now?

Additionally, the 36-month beta value for CMPX is 0.63. There are mixed opinions on the stock, with 2 analysts rating it as a “buy,” 4 rating it as “overweight,” 1 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CMPX is 85.81M and currently, short sellers hold a 2.08% ratio of that float. The average trading volume of CMPX on August 29, 2024 was 401.29K shares.

CMPX) stock’s latest price update

The stock of Compass Therapeutics Inc (NASDAQ: CMPX) has increased by 7.51 when compared to last closing price of 1.19. Despite this, the company has experienced a 7.51% gain in its stock price over the last five trading sessions. globenewswire.com reported 2024-08-07 that BOSTON, Aug. 07, 2024 (GLOBE NEWSWIRE) — Compass Therapeutics, Inc. (Nasdaq: CMPX), a clinical-stage, oncology-focused biopharmaceutical company developing proprietary antibody-based therapeutics to treat multiple human diseases, today announced that the Company will present at the Wedbush PacGrow Healthcare Conference taking place in New York City, New York on Tuesday, August 13, 2024, at 11 AM ET.

Analysts’ Opinion of CMPX

Many brokerage firms have already submitted their reports for CMPX stocks, with Jefferies repeating the rating for CMPX by listing it as a “Buy.” The predicted price for CMPX in the upcoming period, according to Jefferies is $8 based on the research report published on January 31, 2023 of the previous year 2023.

Stifel, on the other hand, stated in their research note that they expect to see CMPX reach a price target of $9. The rating they have provided for CMPX stocks is “Buy” according to the report published on January 27th, 2023.

H.C. Wainwright gave a rating of “Buy” to CMPX, setting the target price at $12 in the report published on May 23rd of the previous year.

CMPX Trading at 21.14% from the 50-Day Moving Average

After a stumble in the market that brought CMPX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -50.27% of loss for the given period.

Volatility was left at 8.41%, however, over the last 30 days, the volatility rate increased by 6.50%, as shares surge +28.50% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +14.29% upper at present.

During the last 5 trading sessions, CMPX rose by +7.56%, which changed the moving average for the period of 200-days by -17.42% in comparison to the 20-day moving average, which settled at $1.1363. In addition, Compass Therapeutics Inc saw -17.99% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for CMPX

Current profitability levels for the company are sitting at:

  • -18.79 for the present operating margin
  • 0.34 for the gross margin

The net margin for Compass Therapeutics Inc stands at -15.98. The total capital return value is set at -0.34. Equity return is now at value -30.05, with -28.22 for asset returns.

Based on Compass Therapeutics Inc (CMPX), the company’s capital structure generated 0.01 points at debt to capital in total, while cash flow to debt ratio is standing at -29.92. The debt to equity ratio resting at 0.01. The interest coverage ratio of the stock is -28.51.

Currently, EBITDA for the company is -48.47 million with net debt to EBITDA at 0.43. When we switch over and look at the enterprise to sales, we see a ratio of 54.58. The liquidity ratio also appears to be rather interesting for investors as it stands at 16.15.

Conclusion

In conclusion, Compass Therapeutics Inc (CMPX) has seen mixed performance in recent times. Analysts have a bullish 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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