Caribou Biosciences Inc (NASDAQ: CRBU)’s stock price has increased by 1.51 compared to its previous closing price of 1.99. However, the company has seen a -8.18% decrease in its stock price over the last five trading sessions. globenewswire.com reported 2024-11-18 that SAN FRANCISCO, Nov. 18, 2024 (GLOBE NEWSWIRE) — The Rosen Law Firm, P.A. announces that the United States District Court for the Northern District of California has approved the following announcement of a proposed class action settlement that would benefit purchasers of common stock of Caribou Biosciences, Inc. (NASDAQ: CRBU):
Is It Worth Investing in Caribou Biosciences Inc (NASDAQ: CRBU) Right Now?
CRBU has 36-month beta value of 2.25. Analysts have mixed views on the stock, with 5 analysts rating it as a “buy,” 3 as “overweight,” 2 as “hold,” and 0 as “sell.”
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The public float for CRBU is 79.18M, and currently, short sellers hold a 12.55% ratio of that float. The average trading volume of CRBU on November 20, 2024 was 1.15M shares.
CRBU’s Market Performance
CRBU stock saw an increase of -8.18% in the past week, with a monthly gain of 2.02% and a quarterly increase of -3.35%. The volatility ratio for the week is 8.46%, and the volatility levels for the last 30 days are 10.84% for Caribou Biosciences Inc (CRBU). The simple moving average for the last 20 days is -8.30% for CRBU stock, with a simple moving average of -37.16% for the last 200 days.
Analysts’ Opinion of CRBU
Many brokerage firms have already submitted their reports for CRBU stocks, with Evercore ISI repeating the rating for CRBU by listing it as a “In-line.” The predicted price for CRBU in the upcoming period, according to Evercore ISI is $3 based on the research report published on June 03, 2024 of the current year 2024.
Evercore ISI gave a rating of “Outperform” to CRBU, setting the target price at $13 in the report published on October 31st of the previous year.
CRBU Trading at -1.36% from the 50-Day Moving Average
After a stumble in the market that brought CRBU to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -75.75% of loss for the given period.
Volatility was left at 10.84%, however, over the last 30 days, the volatility rate increased by 8.46%, as shares surge +4.95% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.23% lower at present.
During the last 5 trading sessions, CRBU fell by -8.41%, which changed the moving average for the period of 200-days by -70.71% in comparison to the 20-day moving average, which settled at $2.2025. In addition, Caribou Biosciences Inc saw -64.75% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for CRBU
Current profitability levels for the company are sitting at:
- -14.4 for the present operating margin
- 0.69 for the gross margin
The net margin for Caribou Biosciences Inc stands at -12.91. The total capital return value is set at -0.53. Equity return is now at value -43.60, with -36.94 for asset returns.
Currently, EBITDA for the company is -112.53 million with net debt to EBITDA at 0.03. When we switch over and look at the enterprise to sales, we see a ratio of 15.44. The receivables turnover for the company is 6.15for trailing twelve months and the total asset turnover is 0.03. The liquidity ratio also appears to be rather interesting for investors as it stands at 7.38.
Conclusion
To put it simply, Caribou Biosciences Inc (CRBU) has had a bad performance in recent times. Analysts have a bullish 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.
