With 0.83 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.92 million shares. The 52-week range on CRSR shows that it touched its highest point at $13.31 and its lowest point at $5.59 during that stretch. It currently has a 1-year price target of $12.00. Beta for the stock currently stands at 1.62.
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 CRSR was down-trending over the past week, with a drop of -6.87%, but this was up by 24.41% over a month. Three-month performance surged to 68.74% while six-month performance rose 76.32%. The stock lost -12.85% in the past year, while it has gained 72.31% so far this year. A look at the trailing 12-month EPS for CRSR yields -0.95 with Next year EPS estimates of 0.77. For the next quarter, that number is 0.12. This implies an EPS growth rate of 1826.51% for this year and 48.81% for next year.
Float and Shares Shorts:
At present, 104.70 million CRSR shares are outstanding with a float of 44.43 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 CRSR since 2 analysts follow the stock currently. There are 1 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 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 -$0.08469818 being high and -$0.12234 being low. For CRSR, this leads to a yearly average estimate of -$0.10352. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is -$0.0. The average estimate for the next quarter is thus $0.03.
