Caribou Biosciences Inc (NASDAQ: CRBU) is -58.64% lower on its value in year-to-date trading and has touched a low of $1.50 and a high of $8.33 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CRBU stock was last observed hovering at around $2.19 in the last trading session, with the day’s gains setting it 0.18%.
Currently trading at $2.37, the stock is 4.74% and 15.46% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.35 million and changing 8.22% at the moment leaves the stock -22.30% off its SMA200. CRBU registered -59.63% loss for a year compared to 6-month loss of 10.49%. The firm has a 50-day simple moving average (SMA 50) of $2.0467 and a 200-day simple moving average (SMA200) of $3.0734.
The stock witnessed a 20.92% gain in the last 1 month and extending the period to 3 months gives it a 19.70%, and is 17.33% 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 11.42% over the week and 11.52% over the month.
Caribou Biosciences Inc (CRBU) has around 158 employees, a market worth around $213.63M and $11.47M in sales. Profit margin for the company is -1290.81%. Distance from 52-week low is 58.00% and -71.55% from its 52-week high. The company has generated returns on investments over the last 12 months (-48.30%).
with sales reaching $1.84M over the same period.The EPS is expected to shrink by -20.17% this year, but quarterly earnings will post -73.51% year-over-year. Quarterly sales are estimated to shrink -48.20% in year-over-year returns.
Caribou Biosciences Inc (CRBU) Top Institutional Holders
182.0 institutions hold shares in Caribou Biosciences Inc (CRBU), with institutional investors hold 69.55% of the company’s shares. The shares outstanding are 90.55M, and float is at 79.16M with Short Float at 9.37%. Institutions hold 62.57% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 6.95 million shares valued at $11.39 million. The investor’s holdings represent 7.7801% of the CRBU Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 4.54 million shares valued at $7.45 million to account for 5.0891 of the shares outstanding. The other top investors are BANK OF AMERICA CORP /DE/ which holds 4.16 million shares representing 4.6609% and valued at over $6.83 million, while PFM HEALTH SCIENCES, LP holds 4.5725 of the shares totaling 4.08 million with a market value of $6.7 million.
Caribou Biosciences Inc (CRBU) Insider Activity
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