Set Your Sights On CARGO Therapeutics Inc (NASDAQ: CRGX)’S Upside Potential

CARGO Therapeutics Inc (CRGX) concluded trading on Thursday at a closing price of $4.64, with 0.46 million shares of worth about $2.14 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -78.76% during that period and on April 17, 2025 the price remained unchanged. Currently the company’s common shares owned by public are about 46.04M shares, out of which, 29.81M shares are available for trading.

Stock saw a price change of 14.00% in past 5 days and over the past one month there was a price change of 11.81%. Year-to-date (YTD), CRGX shares are showing a performance of -67.82% which decreased to -76.80% 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 $25.45 during that period. The average intraday trading volume for CARGO Therapeutics Inc shares is 1.18 million. The stock is currently trading 10.41% above its 20-day simple moving average (SMA20), while that difference is up 16.52% for SMA50 and it goes to -66.22% lower than SMA200.

CARGO Therapeutics Inc (NASDAQ: CRGX) currently have 46.04M outstanding shares and institutions hold larger chunk of about 89.07% of that.

The stock has a current market capitalization of $213.68M and its 3Y-monthly beta is at -0.02. It has posted earnings per share of -$3.76 in the same period. It has Quick Ratio of 13.79 while making debt-to-equity ratio of 0.08. 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 5.30% while standing at 5.79% over the month.

Stock’s fiscal year EPS is expected to rise by 34.06% while it is estimated to decrease by -4.33% 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.

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