55 institutions hold shares in CM Life Sciences Inc. (CMLF), with institutional investors hold 62.50% of the company’s shares. The shares outstanding are 44.27M, and float is at 32.65M with Short Float at 5.41%. Institutions hold 62.50% of the Float.
The top institutional shareholder in the company is Weiss Multi-Strategy Advisers, LLC with over 2.62 million shares valued at $28.98 million. The investor’s holdings represent 5.93% of the CMLF Shares outstanding. As of Dec 30, 2020, the second largest holder is Linden Advisors LP with 2.1 million shares valued at $23.19 million to account for 4.74% of the shares outstanding. The other top investors are Millennium Management LLC which holds 1.82 million shares representing 4.12% and valued at over $20.15 million, while Blackstone Group Inc. holds 3.56% of the shares totaling 1.57 million with a market value of $17.39 million.
CM Life Sciences Inc. (NASDAQ: CMLF) is 51.72% higher on its value in year-to-date trading and has touched a low of $9.66 and a high of $27.18 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CMLF stock was last observed hovering at around $14.89 in the last trading session, with the day’s gains setting it 1.86%.
Currently trading at $16.75, the stock is 6.49% and 0.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.05 million and changing 12.49% at the moment leaves the stock 20.23% off its SMA200. The firm has a 50-day simple moving average (SMA 50) of $17.74 and a 200-day simple moving average (SMA200) of $13.68.
The stock witnessed a -7.92% in the last 1 month and extending the period to 3 months gives it a 51.31%, and is 16.48% 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 9.72% over the week and 10.90% over the month.
Distance from 52-week low is 73.40% and -38.37% from its 52-week high.