A share price of CryoPort Inc [CYRX] is currently trading at $6.61, up 30.63%. 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 11.09% over the last week, with a monthly amount drifted -10.43%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
CryoPort Inc [NASDAQ: CYRX] stock has seen the most recent analyst activity on December 19, 2024, when Guggenheim initiated its Buy rating and assigned the stock a price target of $11. Previously, Jefferies downgraded its rating to Hold on August 07, 2024, and dropped its price target to $8. On July 31, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $15 on the stock. B. Riley Securities downgraded its rating to a Neutral and decreased its price target to $19 on May 03, 2024. Needham reiterated a Buy rating for this stock on March 13, 2024, and downed its price target to $18. In a note dated August 17, 2023, Morgan Stanley initiated an Equal-Weight rating and provided a target price of $16 on this stock.
CryoPort Inc experienced fluctuations in its stock price throughout the past year between $4.58 and $20.10. Currently, Wall Street analysts expect the stock to reach $11 within the next 12 months. CryoPort Inc [NASDAQ: CYRX] shares were valued at $6.61 at the most recent close of the market. An investor can expect a potential return of 66.41% based on the average CYRX price forecast.
Analyzing the CYRX fundamentals
Trailing Twelve Months sales for CryoPort Inc [NASDAQ:CYRX] were 226.11M which represents 0.90% growth. Gross Profit Margin for this corporation currently stands at 0.42% with Operating Profit Margin at -0.29%, Pretax Profit Margin comes in at -0.5%, and Net Profit Margin reading is -0.51%. To continue investigating profitability, this company’s Return on Assets is posted at -0.17, Equity is -0.28 and Total Capital is -0.1. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.62.
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 5.89 points at the first support level, and at 5.17 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.01, and for the 2nd resistance point, it is at 7.41.
Ratios To Look Out For
To put it in perspective, the Current Ratio for CryoPort Inc [NASDAQ:CYRX] is 5.70. As well, the Quick Ratio is 5.32, while the Cash Ratio is 0.7. Considering the valuation of this stock, the price to sales ratio is 1.45, the price to book ratio is 0.85.
Transactions by insiders
Recent insider trading involved Mandalam Ramkumar, Director, that happened on Dec 02 ’24 when 7369.0 shares were sold. Director, Hariri Robert J completed a deal on Nov 21 ’24 to sell 2500.0 shares. Meanwhile, Director RAMKUMAR MANDALAM bought 7369.0 shares on Dec 02 ’24.
