CryoPort Inc [CYRX] stock prices are up 1.99% to $9.23 at the moment. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The CYRX shares have gain 7.58% over the last week, with a monthly amount glided 44.44%, and seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
CryoPort Inc [NASDAQ: CYRX] stock has seen the most recent analyst activity on July 31, 2024, when B. Riley Securities upgraded its rating to a Buy and also revised its price target to $15 from $19. Previously, B. Riley Securities downgraded its rating to Neutral on May 03, 2024, and dropped its price target to $19. Needham reiterated its Buy rating and decreased its price target to $18 on March 13, 2024. Morgan Stanley initiated its recommendation with a Equal-Weight and recommended $16 as its price target on August 17, 2023. Stephens downgraded its rating to Equal-Weight for this stock on August 10, 2023, but kept the price target unchanged to $15. In a note dated July 18, 2023, UBS downgraded an Neutral rating on this stock and revised its target price from $28 to $17.
The stock price of CryoPort Inc [CYRX] has been fluctuating between $5.32 and $20.10 over the past year. Currently, Wall Street analysts expect the stock to reach $26.5 within the next 12 months. CryoPort Inc [NASDAQ: CYRX] shares were valued at $9.23 at the most recent close of the market. An investor can expect a potential return of 187.11% based on the average CYRX price forecast.
Analyzing the CYRX fundamentals
The CryoPort Inc [NASDAQ:CYRX] reported sales of 225.03M for trailing twelve months, representing a drop of -13.09%. Gross Profit Margin for this corporation currently stands at 0.4% with Operating Profit Margin at -0.34%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.5%. To continue investigating profitability, this company’s Return on Assets is posted at -0.12, Equity is -0.22 and Total Capital is -0.09. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 8.93 points at the first support level, and at 8.64 for the second support level. However, for the 1st resistance point, the stock is sitting at 9.56, and for the 2nd resistance point, it is at 9.90.
Ratios To Look Out For
It’s worth pointing out that CryoPort Inc [NASDAQ:CYRX]’s Current Ratio is 10.73. As well, the Quick Ratio is 10.22, while the Cash Ratio is 1.01. Considering the valuation of this stock, the price to sales ratio is 2.02, the price to book ratio is 1.02.
Transactions by insiders
Recent insider trading involved BERMAN RICHARD J, Director, that happened on May 15 ’24 when 8105.0 shares were sold. Chief Digital and Tech Officer, ZECCHINI EDWARD J completed a deal on May 14 ’24 to sell 3443.0 shares. Meanwhile, Chief Executive Officer SHELTON JERRELL sold 2631.0 shares on Mar 25 ’24.
