These Numbers Show Favorable Signs for Cryoport Inc. (CYRX)

Cryoport Inc. (NASDAQ: CYRX) is 48.36% higher on its value in year-to-date trading and has touched a low of $12.40 and a high of $26.61 in the current 52-week trading range. The CYRX stock was last observed hovering at around $24.57 in the last trading session, with the day’s loss setting it -0.15%.

Currently trading at $24.42, the stock is 9.55% and 28.11% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.54 million and changing -0.61% at the moment leaves the stock 39.04% off its SMA200. CYRX registered 46.05% gain for a year compared to 6-month gain of 62.15%. The firm has a 50-day simple moving average (SMA 50) of $20.51 and a 200-day simple moving average (SMA200) of $17.69.

The stock witnessed a 29.62% loss in the last 1 month and extending the period to 3 months gives it a 41.16%, and is 7.44% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 5.33% over the week and 7.35% over the month.

Cryoport Inc. (CYRX) has around 105 employees, a market worth around $920.63M and $37.10M in sales. Profit margin for the company is -53.70%. Distance from 52-week low is 96.94% and -8.23% from its 52-week high. The company has generated returns on investments over the last 12 months (-14.00%).

Cryoport Inc. (CYRX) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for Cryoport Inc. (CYRX) is a “Buy”. 6 analysts offering their recommendations for the stock have an average rating of 1.40, where 0 rate it as a Hold and 0 think it is a “Overweight”. 6 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

Cryoport Inc. is expected to release its quarterly report on 08/06/2020 and quarterly earnings per share for the current quarter are estimated at -$0.1 with sales reaching $8.81M over the same period.The EPS is expected to shrink by -62.10% this year, but quarterly earnings will post 24.40% year-over-year. Quarterly sales are estimated to grow 12.20% in year-over-year returns.

Cryoport Inc. (CYRX) Top Institutional Holders

159 institutions hold shares in Cryoport Inc. (CYRX), with 500.65k shares held by insiders accounting for 1.31% while institutional investors hold 79.43% of the company’s shares. The shares outstanding are 37.55M, and float is at 37.60M with Short Float at 19.47%. Institutions hold 78.39% of the Float.

Cryoport Inc. (CYRX) Insider Activity

A total of 10 insider transactions have happened at Cryoport Inc. (CYRX) in the last six months, with sales accounting for 2 and purchases happening 8 times.

Cryoport Inc. (CYRX): Who are the competitors?

The company’s main competitors (and peers) include Greif Inc. (GEF) that is trading -3.78% down over the past 12 months. Short interest in the company’s stock has fallen -14.48% from the last report on Apr 14, 2020 to stand at a total of 8.38 million short shares sold with a short interest ratio of 15.57.