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CryoPort Inc (CYRX) Stock Could Soon Reward Patient Investors

CryoPort Inc (NASDAQ: CYRX) is -3.60% lower on its value in year-to-date trading and has touched a low of $5.32 and a high of $20.10 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 CYRX stock was last observed hovering at around $7.49 in the last trading session, with the day’s gains setting it 0.01%.

Currently trading at $7.50, the stock is -6.10% and -2.48% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.22 million and changing 0.13% at the moment leaves the stock -21.15% off its SMA200. CYRX registered -47.59% loss for a year compared to 6-month loss of -11.87%. The firm has a 50-day simple moving average (SMA 50) of $7.691 and a 200-day simple moving average (SMA200) of $9.51225.

The stock witnessed a -2.85% gain in the last 1 month and extending the period to 3 months gives it a 3.31%, and is -11.87% down 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 7.56% over the week and 7.22% over the month.

CryoPort Inc (CYRX) has around 1170 employees, a market worth around $370.73M and $226.11M in sales. Profit margin for the company is -73.62%. Distance from 52-week low is 41.11% and -62.70% from its 52-week high. The company has generated returns on investments over the last 12 months (-26.37%).

with sales reaching $58.7M over the same period.The EPS is expected to shrink by -7.15% this year, but quarterly earnings will post -2.35% year-over-year. Quarterly sales are estimated to grow 2.52% in year-over-year returns.

CryoPort Inc (CYRX) Top Institutional Holders

219.0 institutions hold shares in CryoPort Inc (CYRX), with institutional investors hold 105.47% of the company’s shares. The shares outstanding are 49.43M, and float is at 47.59M with Short Float at 4.36%. Institutions hold 102.63% of the Float.

The top institutional shareholder in the company is BROWN CAPITAL MANAGEMENT LLC with over 6.19 million shares valued at $42.75 million. The investor’s holdings represent 12.5378% of the CYRX Shares outstanding. As of 2024-06-30, the second largest holder is MORGAN STANLEY with 4.69 million shares valued at $32.44 million to account for 9.5133 of the shares outstanding. The other top investors are CADIAN CAPITAL MANAGEMENT, LP which holds 4.62 million shares representing 9.3634% and valued at over $31.93 million, while BLACKROCK INC. holds 6.9219 of the shares totaling 3.42 million with a market value of $23.6 million.

CryoPort Inc (CYRX) Insider Activity

The most recent transaction is an insider sale by Mandalam Ramkumar, the company’s Director. SEC filings show that Mandalam Ramkumar sold 7,369 shares of the company’s common stock on Dec 02 ’24 at a price of $7.46 per share for a total of $54978.0. Following the sale, the insider now owns 59497.0 shares.

CryoPort Inc disclosed in a document filed with the SEC on Nov 21 ’24 that Hariri Robert J (Director) sold a total of 2,500 shares of the company’s common stock. The trade occurred on Nov 21 ’24 and was made at $6.48 per share for $16200.0. Following the transaction, the insider now directly holds 20561.0 shares of the CYRX stock.

Still, SEC filings show that on Dec 02 ’24, RAMKUMAR MANDALAM (Director) Proposed Sale 7,369 shares at an average price of $7.08 for $52173.0. The insider now directly holds shares of CryoPort Inc (CYRX).

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