CARGO Therapeutics Inc (NASDAQ: CRGX) is -71.25% lower on its value in year-to-date trading and has touched a low of $3.00 and a high of $25.45 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 CRGX stock was last observed hovering at around $4.6 in the last trading session, with the day’s loss setting it 0.0%.
Currently trading at $4.6, the stock is 5.78% and 7.31% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.34 million and changing 0.00% at the moment leaves the stock -53.92% off its SMA200. CRGX registered -68.10% loss for a year compared to 6-month loss of -67.10%. The firm has a 50-day simple moving average (SMA 50) of $4.2866 and a 200-day simple moving average (SMA200) of $9.9821.
The stock witnessed a -0.86% gain in the last 1 month and extending the period to 3 months gives it a 19.17%, and is 4.55% 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 2.76% over the week and 4.02% over the month.
CARGO Therapeutics Inc (CRGX) has around 167 employees, a market worth around $212.12M and $0.00M in sales. Distance from 52-week low is 53.33% and -81.93% from its 52-week high. The company has generated returns on investments over the last 12 months (-69.65%).
The EPS is expected to grow by 12.46% this year
161.0 institutions hold shares in CARGO Therapeutics Inc (CRGX), with institutional investors hold 105.51% of the company’s shares. The shares outstanding are 46.05M, and float is at 32.85M with Short Float at 9.99%. Institutions hold 104.82% of the Float.
The top institutional shareholder in the company is FMR LLC with over 6.88 million shares valued at $112.92 million. The investor’s holdings represent 15.8659 of the CRGX Shares outstanding. As of 2024-06-30, the second largest holder is SAMSARA BIOCAPITAL, LLC with 4.42 million shares valued at $72.51 million to account for 10.1875 of the shares outstanding. The other top investors are RTW INVESTMENTS, LP which holds 4.08 million shares representing 9.4087 and valued at over $66.96 million, while PERCEPTIVE ADVISORS LLC holds 8.4971 of the shares totaling 3.68 million with a market value of $60.47 million.
CARGO Therapeutics Inc (CRGX) Insider Activity
The most recent transaction is an insider sale by Radhakrishnan Anup,. SEC filings show that Radhakrishnan Anup sold 1,632 shares of the company’s common stock on Jul 02 ’25 at a price of $4.18 per share for a total of $6822.0. Following the sale, the insider now owns 0.12 million shares.
CARGO Therapeutics Inc disclosed in a document filed with the SEC on May 14 ’25 that Radhakrishnan Anup sold a total of 27,404 shares of the company’s common stock. The trade occurred on May 14 ’25 and was made at $3.84 per share for $0.11 million. Following the transaction, the insider now directly holds 0.12 million shares of the CRGX stock.
Still, SEC filings show that on Apr 03 ’25, Radhakrishnan Anup disposed off 1,629 shares at an average price of $4.00 for $6522.0. The insider now directly holds 77,317 shares of CARGO Therapeutics Inc (CRGX).
