The stock of CRISPR Therapeutics AG (CRSP) has gone up by 9.39% for the week, with a 4.22% rise in the past month and a -19.28% drop in the past quarter. The volatility ratio for the week is 4.47%, and the volatility levels for the past 30 days are 3.96% for CRSP. The simple moving average for the past 20 days is 5.64% for CRSP’s stock, with a -18.30% simple moving average for the past 200 days.
Is It Worth Investing in CRISPR Therapeutics AG (NASDAQ: CRSP) Right Now?
CRSP has 36-month beta value of 1.67. Analysts have mixed views on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”
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The public float for CRSP is 81.47M, and currently, short sellers hold a 21.41% ratio of that float. The average trading volume of CRSP on September 18, 2024 was 1.22M shares.
CRSP) stock’s latest price update
The stock of CRISPR Therapeutics AG (NASDAQ: CRSP) has increased by 4.46 when compared to last closing price of 47.74. Despite this, the company has experienced a 9.39% gain in its stock price over the last five trading sessions. fool.com reported 2024-09-12 that CRISPR Therapeutics’ lone approved product boasts multibillion-dollar revenue potential. Plus, this promising biotech could succeed in launching other breakthrough therapies.
Analysts’ Opinion of CRSP
Many brokerage firms have already submitted their reports for CRSP stocks, with Needham repeating the rating for CRSP by listing it as a “Buy.” The predicted price for CRSP in the upcoming period, according to Needham is $84 based on the research report published on August 06, 2024 of the current year 2024.
Rodman & Renshaw, on the other hand, stated in their research note that they expect to see CRSP reach a price target of $90. The rating they have provided for CRSP stocks is “Buy” according to the report published on August 02nd, 2024.
CRSP Trading at -2.44% 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 -45.26% of loss for the given period.
Volatility was left at 3.96%, however, over the last 30 days, the volatility rate increased by 4.47%, as shares surge +0.08% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -6.31% lower at present.
During the last 5 trading sessions, CRSP rose by +9.39%, which changed the moving average for the period of 200-days by -27.82% in comparison to the 20-day moving average, which settled at $47.21. In addition, CRISPR Therapeutics AG saw -20.34% 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:
- -1.76 for the present operating margin
- 0.24 for the gross margin
The net margin for CRISPR Therapeutics AG stands at -1.32. The total capital return value is set at -0.16. Equity return is now at value -14.00, with -11.72 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 -0.53. The debt to equity ratio resting at 0.12. The interest coverage ratio of the stock is -19.93.
Currently, EBITDA for the company is -202.7 million with net debt to EBITDA at 0.74. When we switch over and look at the enterprise to sales, we see a ratio of 19.87. The liquidity ratio also appears to be rather interesting for investors as it stands at 15.73.
Conclusion
To put it simply, CRISPR Therapeutics AG (CRSP) has had a mixed performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others 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.
