CRISPR Therapeutics AG (CRSP) Stock: A Closer Look at the Market Potential

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Company’s 36-month beta value is 1.66.Analysts have differing opinions on the stock, with 2 analysts rating it as a “buy,” 1 as “overweight,” 3 as “hold,” and 0 as “sell.”

The public float for CRSP is 81.47M, and currently, short sellers hold a 21.56% ratio of that floaft. The average trading volume of CRSP on October 17, 2024 was 1.15M shares.

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CRSP) stock’s latest price update

CRISPR Therapeutics AG (NASDAQ: CRSP) has seen a rise in its stock price by 1.98 in relation to its previous close of 48.05. However, the company has experienced a 7.93% gain in its stock price over the last five trading sessions. fool.com reported 2024-10-16 that This diverse set of growth stocks offers tremendous opportunities in the fields of AI, space, biotech, and emerging industries.

CRSP’s Market Performance

CRSP’s stock has risen by 7.93% in the past week, with a monthly drop of -1.74% and a quarterly drop of -12.83%. The volatility ratio for the week is 3.54% while the volatility levels for the last 30 days are 3.15% for CRISPR Therapeutics AG The simple moving average for the last 20 days is 5.07% for CRSP stock, with a simple moving average of -17.04% for the last 200 days.

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 3.96% 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 -46.21% of loss for the given period.

Volatility was left at 3.15%, however, over the last 30 days, the volatility rate increased by 3.54%, as shares sank -1.19% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.67% lower at present.

During the last 5 trading sessions, CRSP rose by +7.93%, which changed the moving average for the period of 200-days by -21.73% in comparison to the 20-day moving average, which settled at $46.63. In addition, CRISPR Therapeutics AG saw -21.73% 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 KASINGER JAMES R., who sale 1,089 shares at the price of $46.28 back on Oct 14 ’24. After this action, KASINGER JAMES R. now owns 62,597 shares of CRISPR Therapeutics AG, valued at $50,399 using the latest closing price.

Kulkarni Samarth, the Chief Executive Officer of CRISPR Therapeutics AG, sale 4,293 shares at $46.28 during a trade that took place back on Oct 14 ’24, which means that Kulkarni Samarth is holding 226,540 shares at $198,680 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 19.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 15.73.

Conclusion

In a nutshell, CRISPR Therapeutics AG (CRSP) has experienced a mixed 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.

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