CryoPort Inc [CYRX] stock is trading at $8.02, down -1.60%. An important factor to consider is whether the stock is rising or falling in short-term value. The CYRX shares have gain 17.77% over the last week, with a monthly amount glided 15.31%, 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 August 07, 2024, when Jefferies downgraded its rating to a Hold and also revised its price target to $8 from $20. Previously, B. Riley Securities upgraded its rating to Buy on July 31, 2024, and dropped its price target to $15. On May 03, 2024, downgrade downgraded it’s rating to Neutral and revised its price target to $19 on the stock. Needham reiterated its recommendation of a Buy and reduced its price target to $18 on March 13, 2024. Morgan Stanley started tracking with a Equal-Weight rating for this stock on August 17, 2023, and assigned it a price target of $16. In a note dated August 10, 2023, Stephens downgraded an Equal-Weight rating on this stock but restated the target price of $15.
CryoPort Inc [CYRX] stock has fluctuated between $5.32 and $20.10 over the past year. Currently, Wall Street analysts expect the stock to reach $23.25 within the next 12 months. CryoPort Inc [NASDAQ: CYRX] shares were valued at $8.02 at the most recent close of the market. An investor can expect a potential return of 189.9% based on the average CYRX price forecast.
Analyzing the CYRX fundamentals
CryoPort Inc [NASDAQ:CYRX] reported sales of 225.61M for the trailing twelve months, which represents a growth of 1.01%. Gross Profit Margin for this corporation currently stands at 0.38% with Operating Profit Margin at -0.32%, Pretax Profit Margin comes in at -0.77%, and Net Profit Margin reading is -0.76%. To continue investigating profitability, this company’s Return on Assets is posted at -0.2, Equity is -0.36 and Total Capital is -0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.94.
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 7.76 points at the first support level, and at 7.50 for the second support level. However, for the 1st resistance point, the stock is sitting at 8.52, and for the 2nd resistance point, it is at 9.02.
Ratios To Look Out For
For context, CryoPort Inc’s Current Ratio is 8.38. On the other hand, the Quick Ratio is 7.99, and the Cash Ratio is 0.78. Considering the valuation of this stock, the price to sales ratio is 1.76, the price to book ratio is 1.07.
Transactions by insiders
Recent insider trading involved Hariri Robert J, Director, that happened on Aug 19 ’24 when 1000.0 shares were sold. Director, Hariri Robert J completed a deal on Aug 16 ’24 to sell 1000.0 shares. Meanwhile, Director Hariri Robert J sold 1000.0 shares on Aug 14 ’24.
