With 1.5 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.07 million shares. The 52-week range on CVAC shows that it touched its highest point at $5.72 and its lowest point at $2.37 during that stretch. It currently has a 1-year price target of $6.55. Beta for the stock currently stands at 2.49.
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 CVAC was up-trending over the past week, with a rise of 23.21%, but this was up by 61.17% over a month. Three-month performance surged to 79.80% while six-month performance rose 69.07%. The stock gained 33.01% in the past year, while it has gained 61.88% so far this year. A look at the trailing 12-month EPS for CVAC yields 0.90 with Next year EPS estimates of -0.52. For the next quarter, that number is -0.21. This implies an EPS growth rate of -164.72% for this year and 3.93% for next year.
Float and Shares Shorts:
At present, 225.16 million CVAC shares are outstanding with a float of 93.99 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 CVAC 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 $0.85916 being high and $0.71596 being low. For CVAC, this leads to a yearly average estimate of $0.79306. Based on analyst estimates, the high estimate for the next quarter is $0.34 and the low estimate is -$0.15. The average estimate for the next quarter is thus $0.1.
