How did CRISPR Therapeutics AG (CRSP) surprise investors with its report?

A share price of CRISPR Therapeutics AG [CRSP] is currently trading at $45.59, up 1.60%. In order to assess the stock’s recent performance, you can check whether its short-term value is rising or falling. The CRSP shares have gain 0.15% over the last week, with a monthly amount drifted -3.02%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

CRISPR Therapeutics AG [NASDAQ: CRSP] stock has seen the most recent analyst activity on August 06, 2024, when Needham reiterated its Buy rating and also revised its price target to $84 from $88. Previously, Rodman & Renshaw started tracking the stock with Buy rating on August 02, 2024, and set its price target to $90. Wolfe Research started tracking the stock assigning a Peer Perform rating. TD Cowen downgraded its rating to a Underperform but $30 remained the price target by the analyst firm on December 11, 2023. Cantor Fitzgerald downgraded its rating to Neutral for this stock on October 17, 2023. In a note dated September 27, 2023, Mizuho initiated an Buy rating and provided a target price of $82 on this stock.

CRISPR Therapeutics AG experienced fluctuations in its stock price throughout the past year between $37.55 and $91.10. Currently, Wall Street analysts expect the stock to reach $109.58 within the next 12 months. CRISPR Therapeutics AG [NASDAQ: CRSP] shares were valued at $45.59 at the most recent close of the market. An investor can expect a potential return of 140.36% based on the average CRSP price forecast.

Analyzing the CRSP fundamentals

Trailing Twelve Months sales for CRISPR Therapeutics AG [NASDAQ:CRSP] were 202.23M which represents -99.26% decline. Gross Profit Margin for this corporation currently stands at 0.24% with Operating Profit Margin at -1.76%, Pretax Profit Margin comes in at -1.31%, and Net Profit Margin reading is -1.32%. To continue investigating profitability, this company’s Return on Assets is posted at -0.11, Equity is -0.14 and Total Capital is -0.16. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.12.

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 44.55 points at the first support level, and at 43.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 46.22, and for the 2nd resistance point, it is at 46.84.

Ratios To Look Out For

To put it in perspective, the Current Ratio for CRISPR Therapeutics AG [NASDAQ:CRSP] is 15.73. In addition, the Quick Ratio stands at 15.73 and the Cash Ratio stands at 3.79. Considering the valuation of this stock, the price to sales ratio is 19.20, the price to book ratio is 1.96.

Transactions by insiders

Recent insider trading involved Bruno Julianne, Chief Operating Officer, that happened on Jun 21 ’24 when 3366.0 shares were sold. Chief Executive Officer, Kulkarni Samarth completed a deal on Apr 15 ’24 to sell 19582.0 shares. Meanwhile, Chief Financial Officer Prasad Raju sold 3524.0 shares on Mar 15 ’24.

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