With 0.58 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.9 million shares. The 52-week range on CRGX shows that it touched its highest point at $33.92 and its lowest point at $3.00 during that stretch. It currently has a 1-year price target of $8.83. Beta for the stock currently stands at 2.01.
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 CRGX was up-trending over the past week, with a rise of 2.17%, but this was down by -70.36% over a month. Three-month performance dropped to -76.51% while six-month performance fell -78.02%. The stock lost -83.93% in the past year, while it has lost -73.86% so far this year. A look at the trailing 12-month EPS for CRGX yields -3.55 with Next year EPS estimates of -2.46. For the next quarter, that number is -0.95. This implies an EPS growth rate of 77.79% for this year and 32.93% for next year.
Float and Shares Shorts:
At present, 45.99 million CRGX shares are outstanding with a float of 30.16 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CRGX since 2 analysts follow the stock currently. There are 2 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.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$3.43224 being high and -$3.87992 being low. For CRGX, this leads to a yearly average estimate of -$3.671. Based on analyst estimates, the high estimate for the next quarter is -$0.52 and the low estimate is -$0.96. The average estimate for the next quarter is thus -$0.69.
