CARGO Therapeutics Inc (CRGX) concluded trading on Wednesday at a closing price of $4.15, with 4.28 million shares of worth about $17.75 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -81.81% during that period and on Wednesday the price saw a gain of about 9.21%. Currently the company’s common shares owned by public are about 45.99M shares, out of which, 30.19M shares are available for trading.
Stock saw a price change of 0.00% in past 5 days and over the past one month there was a price change of 12.16%. Year-to-date (YTD), CRGX shares are showing a performance of -71.22% which decreased to -86.73% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $3.00 but also hit the highest price of $28.13 during that period. The average intraday trading volume for CARGO Therapeutics Inc shares is 1.02 million. The stock is currently trading 6.23% above its 20-day simple moving average (SMA20), while that difference is down -38.68% for SMA50 and it goes to -72.43% lower than SMA200.
CARGO Therapeutics Inc (NASDAQ: CRGX) currently have 45.99M outstanding shares and institutions hold larger chunk of about 89.07% of that.
The stock has a current market capitalization of $191.12M and its 3Y-monthly beta is at 0.94. It has posted earnings per share of -$3.55 in the same period. It has Quick Ratio of 18.95 while making debt-to-equity ratio of 0.07. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for CRGX, volatility over the week remained 7.14% while standing at 6.31% over the month.
Stock’s fiscal year EPS is expected to rise by 78.21% while it is estimated to increase by 34.92% in next year.
Coverage by Truist stated CARGO Therapeutics Inc (CRGX) stock as a Hold in their note to investors on January 30, 2025, suggesting a price target of $7 for the stock. Stock get a Hold rating from Jefferies on January 30, 2025.
