Cryoport Inc. (NASDAQ:CYRX) previous close was $72.00 while the outstanding shares total 39.15M. The firm has a beta of 0.98. CYRX’s shares traded lower over the last trading session, losing -1.71% on 02/11/21. The shares fell to a low of $70.35 before closing at $70.77. Intraday shares traded counted 0.21 million, which was 73.93% higher than its 30-day average trading volume of 790.36K. The stock’s Relative Strength Index (RSI) is 58.26, with weekly volatility at 4.95% and ATR at 4.89. The CYRX stock’s 52-week price range has touched low of $13.01 and a $84.97 high.
Investors have identified the Integrated Freight & Logistics company Cryoport Inc. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around $3.00 billion, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
Cryoport Inc. (CYRX) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. In terms of their assets, the company currently has 212.64 million total, with 13.19 million as their total liabilities.
Having a look at the company’s valuation, the company is expected to record -0.05 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on CYRX sounds very interesting.
Is the stock of CYRX attractive?
In related news, Director, Mandalam Ramkumar sold 11,092 shares of the company’s stock in a transaction that recorded on Nov 24. The sale was performed at an average price of 48.00, for a total value of 532,416. As the sale deal closes, the Director, BERMAN RICHARD J now sold 20,000 shares of the company’s stock, valued at 1,110,934. In the last 6 months, insiders have changed their ownership in shares of company stock by 1.30%.
6 out of 6 analysts covering the stock have rated it a Buy, while 0 have maintained a Hold recommendation on Cryoport Inc.. 0 analysts has assigned a Sell rating on the CYRX stock. The 12-month mean consensus price target for the company’s shares has been set at $63.29.