CureVac N.V (NASDAQ: CVAC) is 14.37% higher on its value in year-to-date trading and has touched a low of $2.37 and a high of $5.28 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 CVAC stock was last observed hovering at around $4.28 in the last trading session, with the day’s loss setting it -0.38%.
Currently trading at $3.90, the stock is 9.95% and 21.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.46 million and changing -8.88% at the moment leaves the stock 22.02% off its SMA200. CVAC registered 11.75% gain for a year compared to 6-month gain of 53.54%. The firm has a 50-day simple moving average (SMA 50) of $3.205 and a 200-day simple moving average (SMA200) of $3.1961.
The stock witnessed a 22.26% loss in the last 1 month and extending the period to 3 months gives it a 18.90%, and is 15.73% 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 8.96% over the week and 7.28% over the month.
CureVac N.V (CVAC) has around 983 employees, a market worth around $878.11M and $574.49M in sales. Current P/E ratio is 4.33. Profit margin for the company is 35.42%. Distance from 52-week low is 64.56% and -26.14% from its 52-week high. The company has generated returns on investments over the last 12 months (27.75%).
The EPS is expected to shrink by -164.95% this year
127.0 institutions hold shares in CureVac N.V (CVAC), with institutional investors hold 10.85% of the company’s shares. The shares outstanding are 225.16M, and float is at 93.99M with Short Float at 5.31%. Institutions hold 4.62% of the Float.
The top institutional shareholder in the company is MILLENNIUM MANAGEMENT LLC with over 2.87 million shares valued at $9.77 million. The investor’s holdings represent 1.2808 of the CVAC Shares outstanding. As of 2024-06-30, the second largest holder is POINT72 ASSET MANAGEMENT, L.P. with 2.42 million shares valued at $8.24 million to account for 1.0801 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 2.25 million shares representing 1.0047 and valued at over $7.66 million, while BILL & MELINDA GATES FOUNDATION holds 0.7122 of the shares totaling 1.6 million with a market value of $5.43 million.
CureVac N.V (CVAC) Insider Activity
Still, SEC filings show that on Jan 07 ’25, Pierre Kemula (affiliate) Proposed Sale 51,523 shares at an average price of $4.93 for $0.25 million. The insider now directly holds shares of CureVac N.V (CVAC).
