With 0.16 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.65 million shares. During the session, the Biotechnology company that operates in wider Healthcare sector, reached to the highest price of $18.15 whereas the lowest price it dropped to was $17.54. The 52-week range on CRBP shows that it touched its highest point at $61.90 and its lowest point at $4.05 during that stretch. It currently has a 1-year price target of $59.50. Beta for the stock currently stands at 2.58.
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Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CRBP was up-trending over the past week, with a rise of 9.70%, but this was up by 8.89% over a month. Three-month performance dropped to -69.59% while six-month performance fell -57.49%. The stock gained 324.04% in the past year, while it has gained 192.05% so far this year. A look at the trailing 12-month EPS for CRBP yields -4.70 with Next year EPS estimates of -5.70. For the next quarter, that number is -1.24. This implies an EPS growth rate of 57.98% for this year and -31.51% for next year.
Float and Shares Shorts:
At present, 12.18 million CRBP shares are outstanding with a float of 10.89 million shares on hand for trading. On 2024-11-15, short shares totaled 2.4 million, which was 1972.0 higher than short shares on 1728950400. In addition to Dr. Yuval Cohen Ph.D. as the firm’s CEO & Director, Mr. Sean F. Moran CPA, M.B.A. serves as its Chief Financial Officer.
Institutional Ownership:
Through their ownership of 1.0521901 of CRBP’s outstanding shares, institutional investors have minority control over the company.
An Overview of Recent Financials:
Understanding a company as a customer does not mean you will understand it as an investor. The wise investor uses quantitative research to analyze metrics such as revenue, net income, and earnings. In its fiscal quarter reported on 2024-09-30, CRBP reported revenue of $0.0 and operating income of -$15505000.0. The EBITDA in the recently reported quarter was -$13451000.0 and diluted EPS was -$1.15.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRBP since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential. With CRBP analysts setting a high price target of 75.0 and a low target of 40.0, the average target price over the next 12 months is 59.5. Based on these targets, CRBP could surge 325.17% to reach the target high and rise by 126.76% to reach the target low. Reaching the average price target will result in a growth of 237.3% from current levels.
Analysts have provided yearly estimates in a range of -$4.03687 being high and -$4.61794 being low. For CRBP, this leads to a yearly average estimate of -$4.3325. The surprise factor in the prior quarter was -$1.19. Based on analyst estimates, the high estimate for the next quarter is -$0.77 and the low estimate is -$2.43. The average estimate for the next quarter is thus -$1.44.
