CohBar Inc. (NASDAQ: CWBR) is 113.58% higher on its value in year-to-date trading and has touched a low of $1.43 and a high of $7.50 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 CWBR stock was last observed hovering at around $5.01 in the last trading session, with the day’s loss setting it -1.39% off its average median price target of $18.00 for the next 12 months. It is also 79.89% off the consensus price target high of $18.00 offered by 1 analysts, but current levels are 79.89% higher than the price target low of $18.00 for the same period.
Currently trading at $3.62, the stock is 97.95% and 105.26% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.7 million and changing -27.74% at the moment leaves the stock 45.06% off its SMA200. CWBR registered -32.96% loss for a year compared to 6-month gain of 110.47%. The firm has a 200-day simple moving average (SMA200) of $1.95.
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The stock witnessed a 106.86% loss in the last 1 month and extending the period to 3 months gives it a 77.45%, and is 136.60% 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 26.50% over the week and 10.26% over the month.
Distance from 52-week low is 153.15% and -51.73% from its 52-week high.
CohBar Inc. (CWBR) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for CohBar Inc. (CWBR) is a “Buy”. 1 analysts offering their recommendations for the stock have an average rating of 3.00, where 0 rate it as a Hold and 0 think it is a “Overweight”. 1 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
CohBar Inc. is expected to release its quarterly report on 08/16/2023.The EPS is expected to grow by 39.80% this year
CohBar Inc. (CWBR) Top Institutional Holders
The shares outstanding are 2.91M, and float is at 2.47M with Short Float at 1.74%.
CohBar Inc. (CWBR) Insider Activity
A total of 0 insider transactions have happened at CohBar Inc. (CWBR) in the last six months, with sales accounting for 0 and purchases happening 0 times.
CohBar Inc. (CWBR): Who are the competitors?
The company’s main competitors (and peers) include Pieris Pharmaceuticals Inc. (PIRS) that is trading -49.20% down over the past 12 months.