Checkpoint Therapeutics Inc (NASDAQ: CKPT) is 86.90% higher on its value in year-to-date trading and has touched a low of $1.36 and a high of $4.33 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 CKPT stock was last observed hovering at around $4.10 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $4.28, the stock is 20.39% and 40.57% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.97 million and changing 4.39% at the moment leaves the stock 87.50% off its SMA200. CKPT registered 77.59% gain for a year compared to 6-month gain of 126.46%. The firm has a 50-day simple moving average (SMA 50) of $3.0448 and a 200-day simple moving average (SMA200) of $2.28265.
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The stock witnessed a 11.46% loss in the last 1 month and extending the period to 3 months gives it a 82.91%, and is 26.63% 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 9.01% over the week and 8.87% over the month.
Checkpoint Therapeutics Inc (CKPT) has around 23 employees, a market worth around $218.18M and $0.05M in sales. Fwd P/E is 30.57. Profit margin for the company is -98868.09%. Distance from 52-week low is 214.71% and -1.15% from its 52-week high.
The EPS is expected to grow by 71.45% this year
50.0 institutions hold shares in Checkpoint Therapeutics Inc (CKPT), with institutional investors hold 16.47% of the company’s shares. The shares outstanding are 48.83M, and float is at 40.57M with Short Float at 14.86%. Institutions hold 13.91% of the Float.
Checkpoint Therapeutics Inc (CKPT) Insider Activity
The most recent transaction is an insider sale by Oliviero James F III, the company’s CEO, President and Director. SEC filings show that Oliviero James F III sold 24,610 shares of the company’s common stock on Jun 26 ’24 at a price of $2.05 per share for a total of $50450.0. Following the sale, the insider now owns 1.98 million shares.
Checkpoint Therapeutics Inc disclosed in a document filed with the SEC on Jun 26 ’24 that GRAY WILLIAM GARRETT (Chief Financial Officer) sold a total of 13,038 shares of the company’s common stock. The trade occurred on Jun 26 ’24 and was made at $2.06 per share for $26858.0. Following the transaction, the insider now directly holds 0.67 million shares of the CKPT stock.
Still, SEC filings show that on Feb 28 ’24, Oliviero James F III (CEO, President and Director) disposed off 5,894 shares at an average price of $2.06 for $12142.0. The insider now directly holds 350,836 shares of Checkpoint Therapeutics Inc (CKPT).
