Carmell Corp (CTCX) Shares Soar Above 1-Year High

Carmell Corp (NASDAQ: CTCX)’s stock price has increased by 11.60 compared to its previous closing price of 0.48. However, the company has seen a 49.64% increase in its stock price over the last five trading sessions. globenewswire.com reported 2024-07-29 that Carmell Corp (Nasdaq: CTCX) announced the appointment of Kendra Bracken-Ferguson as CEO effective July 30, 2024 with Rajiv Shukla continuing as Chairman.

Is It Worth Investing in Carmell Corp (NASDAQ: CTCX) Right Now?

Moreover, the 36-month beta value for CTCX is 0.30.

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The public float for CTCX is 13.47M and currently, short sellers hold a 0.27% of that float. On October 21, 2024, CTCX’s average trading volume was 4.20M shares.

CTCX’s Market Performance

The stock of Carmell Corp (CTCX) has seen a 49.64% increase in the past week, with a 37.36% rise in the past month, and a -50.40% fall in the past quarter. The volatility ratio for the week is 67.88%, and the volatility levels for the past 30 days are at 31.75% for CTCX. The simple moving average for the last 20 days is 35.82% for CTCX stock, with a simple moving average of -72.72% for the last 200 days.

CTCX Trading at -1.71% from the 50-Day Moving Average

After a stumble in the market that brought CTCX to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -87.58% of loss for the given period.

Volatility was left at 31.75%, however, over the last 30 days, the volatility rate increased by 67.88%, as shares surge +30.21% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -46.96% lower at present.

During the last 5 trading sessions, CTCX rose by +49.64%, which changed the moving average for the period of 200-days by -87.15% in comparison to the 20-day moving average, which settled at $0.3944. In addition, Carmell Corp saw -85.94% 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 CTCX starting from Upton Richard A, who purchase 5,000 shares at the price of $0.47 back on Sep 13 ’24. After this action, Upton Richard A now owns 15,000 shares of Carmell Corp, valued at $2,336 using the latest closing price.

Gregory Kathryn, the Director of Carmell Corp, purchase 1,260 shares at $0.51 during a trade that took place back on Sep 06 ’24, which means that Gregory Kathryn is holding 22,500 shares at $643 based on the most recent closing price.

Stock Fundamentals for CTCX

Current profitability levels for the company are sitting at:

  • -466.97 for the present operating margin
  • -133.74 for the gross margin

The net margin for Carmell Corp stands at -1332.58. The total capital return value is set at 7.73. Equity return is now at value -12.12, with -8.68 for asset returns.

Based on Carmell Corp (CTCX), the company’s capital structure generated -1.39 points at debt to capital in total, while cash flow to debt ratio is standing at -13.0. The debt to equity ratio resting at -0.58. The interest coverage ratio of the stock is -14.97.

Currently, EBITDA for the company is -5.09 million with net debt to EBITDA at 0.29. When we switch over and look at the enterprise to sales, we see a ratio of 795.41. The receivables turnover for the company is 0.06for trailing twelve months and the total asset turnover is 0.0. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.71.

Conclusion

To wrap up, the performance of Carmell Corp (CTCX) has been mixed in recent times. The stock has received a mixed of “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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