Centessa Pharmaceuticals plc ADR (CNTA) Stock Observes 48.99% 200-Day Moving Average

The stock of Centessa Pharmaceuticals plc ADR (CNTA) has seen a 1.66% increase in the past week, with a 13.87% gain in the past month, and a 21.96% flourish in the past quarter. The volatility ratio for the week is 4.22%, and the volatility levels for the past 30 days are at 6.81% for CNTA. The simple moving average for the past 20 days is 6.00% for CNTA’s stock, with a 48.99% simple moving average for the past 200 days.

Is It Worth Investing in Centessa Pharmaceuticals plc ADR (NASDAQ: CNTA) Right Now?

The 36-month beta value for CNTA is also noteworthy at 1.53. There are mixed opinions on the stock, with 6 analysts rating it as a “buy,” 2 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”

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The public float for CNTA is 89.08M, and at present, short sellers hold a 2.74% of that float. The average trading volume of CNTA on December 06, 2024 was 670.57K shares.

CNTA) stock’s latest price update

The stock price of Centessa Pharmaceuticals plc ADR (NASDAQ: CNTA) has jumped by 4.11 compared to previous close of 17.49. Despite this, the company has seen a gain of 1.66% in its stock price over the last five trading days. globenewswire.com reported 2024-11-12 that BOSTON and LONDON, Nov. 12, 2024 (GLOBE NEWSWIRE) — Centessa Pharmaceuticals plc (Nasdaq: CNTA), a clinical-stage pharmaceutical company with a mission to discover, develop and ultimately deliver medicines that are transformational for patients, today reported financial results for the third quarter ended September 30, 2024, and provided a business update.

Analysts’ Opinion of CNTA

Many brokerage firms have already submitted their reports for CNTA stocks, with Morgan Stanley repeating the rating for CNTA by listing it as a “Overweight.” The predicted price for CNTA in the upcoming period, according to Morgan Stanley is $26 based on the research report published on September 20, 2024 of the current year 2024.

B. Riley Securities, on the other hand, stated in their research note that they expect to see CNTA reach a price target of $33. The rating they have provided for CNTA stocks is “Buy” according to the report published on September 19th, 2024.

Oppenheimer gave a rating of “Outperform” to CNTA, setting the target price at $14 in the report published on July 18th of the current year.

CNTA Trading at 11.23% from the 50-Day Moving Average

After a stumble in the market that brought CNTA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.84% of loss for the given period.

Volatility was left at 6.81%, however, over the last 30 days, the volatility rate increased by 4.22%, as shares surge +13.88% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +17.29% upper at present.

During the last 5 trading sessions, CNTA rose by +2.62%, which changed the moving average for the period of 200-days by +70.98% in comparison to the 20-day moving average, which settled at $17.19. In addition, Centessa Pharmaceuticals plc ADR saw 128.75% in overturn over a single year, with a tendency to cut further gains.

Insider Trading

Reports are indicating that there were more than several insider trading activities at CNTA starting from SAHA SAURABH, who sale 299 shares at the price of $18.23 back on Nov 25 ’24. After this action, SAHA SAURABH now owns 575,661 shares of Centessa Pharmaceuticals plc ADR, valued at $5,451 using the latest closing price.

Weinhoff Gregory M, the Chief Business Officer of Centessa Pharmaceuticals plc ADR, sale 10,000 shares at $17.66 during a trade that took place back on Nov 25 ’24, which means that Weinhoff Gregory M is holding 183,266 shares at $176,601 based on the most recent closing price.

Stock Fundamentals for CNTA

Current profitability levels for the company are sitting at:

  • -23.43 for the present operating margin
  • 0.9 for the gross margin

The net margin for Centessa Pharmaceuticals plc ADR stands at -23.37. The total capital return value is set at -0.28. Equity return is now at value -42.73, with -32.83 for asset returns.

Based on Centessa Pharmaceuticals plc ADR (CNTA), the company’s capital structure generated 0.14 points at debt to capital in total, while cash flow to debt ratio is standing at -1.55. The debt to equity ratio resting at 0.17. The interest coverage ratio of the stock is -15.91.

Currently, EBITDA for the company is -166.07 million with net debt to EBITDA at 2.1. When we switch over and look at the enterprise to sales, we see a ratio of 302.13. The receivables turnover for the company is 0.17for trailing twelve months and the total asset turnover is 0.01. The liquidity ratio also appears to be rather interesting for investors as it stands at 21.52.

Conclusion

In summary, Centessa Pharmaceuticals plc ADR (CNTA) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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