At the time of writing, Cytek BioSciences Inc [CTKB] stock is trading at $5.1, up 3.03%. An important factor to consider is whether the stock is rising or falling in short-term value. The CTKB shares have gain 9.91% over the last week, with a monthly amount drifted -2.11%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, TD Cowen downgraded its rating to Hold on May 09, 2025, and kept the price target unchanged to $4. On January 31, 2025, downgrade downgraded it’s rating to Sell and revised its price target to $4.50 on the stock. Stephens started tracking the stock assigning a Overweight rating and suggested a price target of $9 on December 14, 2023. Raymond James initiated its recommendation with a Mkt Perform.
For the past year, the stock price of Cytek BioSciences Inc fluctuated between $2.37 and $7.30. Currently, Wall Street analysts expect the stock to reach $6 within the next 12 months. Cytek BioSciences Inc [NASDAQ: CTKB] shares were valued at $5.1 at the most recent close of the market. An investor can expect a potential return of 17.65% based on the average CTKB price forecast.
Analyzing the CTKB fundamentals
According to Cytek BioSciences Inc [NASDAQ:CTKB], the company’s sales were 196.83M for trailing twelve months, which represents an 1.54% jump. Gross Profit Margin for this corporation currently stands at 0.54% with Operating Profit Margin at -0.14%, Pretax Profit Margin comes in at -0.04%, and Net Profit Margin reading is -0.03%. To continue investigating profitability, this company’s Return on Assets is posted at -0.01, Equity is -0.02 and Total Capital is -0.06. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.
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 4.97 points at the first support level, and at 4.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 5.21, and for the 2nd resistance point, it is at 5.31.
Ratios To Look Out For
It is important to note that Cytek BioSciences Inc [NASDAQ:CTKB] has a current ratio of 5.17. On the other hand, the Quick Ratio is 4.48, and the Cash Ratio is 1.03. Considering the valuation of this stock, the price to sales ratio is 3.31, the price to book ratio is 1.72.
Transactions by insiders
Recent insider trading involved McCombe William D., Chief Financial Officer, that happened on Jun 02 ’25 when 35000.0 shares were purchased.
