CRISPR Therapeutics AG (NASDAQ:CRSP) traded at $115.74 at close of the session on Friday, Apr 09, made a downturn move of -3.85% on its previous day’s price.
Looking at the stock we see that its previous close was $120.38 and the beta (5Y monthly) reads 2.24 with the day’s price range being $114.32 – 119.37. The company has a trailing 12-month PE ratio of 0. In terms of its 52-week price range, CRSP has a high of $220.2 and a low of $42.83. The company’s stock has gained about -6.77% over that past 30 days.
CRISPR Therapeutics AG has a market cap of $9.08 Billion and is expected to release its quarterly earnings report on Apr 26, 2021- Apr 30, 2021. With its Forward Dividend at 0 and a yield of 0%, the company’s investors could be worried for the CRSP stock to lose ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of -$1.49, with the EPS growth for the year declined at -$6.08 for 2021 and -$6.41 for next year. These figures represent 0.15% and 0.05% growth in EPS for the two years respectively.
On the other hand, looking at the outlook for the CRSP stock, short term indicators assign the stock an average of 50% Sell, while medium term indicators assign it an average of Hold. Long term indicators on average place the stock in the category of 50% Sell.
Based on estimates by 21 analysts, where scores have ranged from 1.00 for a strong buy to 5.00 for a strong sell, 7 have rated the CRISPR Therapeutics AG (CRSP) stock as a Hold, while 12 rate it as a Buy. None analyst(s) rate it as outperform while none of them rated it as underperform, whereas 2 suggest the stock as a Sell. The stock has an overall rating of Overweight and investors could take advantage and scoop up stock of the company.
Looking further, we note that the PEG ratio for the CRSP stock currently stands at 0, and the current price level is -6.04% off its SMA20 and -15.48% from its 50-day simple moving average. The RSI (14) is pointing at 40.9 while the volatility over the past week is 4.67% and jumps to 6.26% over the past one month. The beta value is 2.24, while the average true range (ATR) is currently pointing at 8.2. The average price target for the stock over the next 12 months is $151.28, with the estimates having a low of $45 and a high of $210. These price ends are -61.12% and +81.44% off the current price level respectively, although investors could be excited at the prospect of a +40.4% if the CRSP share price touches on the median price of $162.5.
Let’s briefly compare CRISPR Therapeutics AG (CRSP) stock to its peers. We find that current price change of -3.85% and +160.79% over the past 12 months for CRSP competes that of Amgen Inc (AMGN), which has seen its stock price rise 0.84% in the last trading session and was +13.58% over the last one year. Another of its peers Bristol-Myers Squibb Company (BMY) has climbed 1.13% previous session, and was +7.48% up over the past year, while Gilead Sciences Inc (GILD) was also down -3.85% in the last session, while its price remained in the green at 160.79% over the same period. CRISPR Therapeutics AG has a P/E ratio of 0 compared to Amgen Inc’s 20.22 and Bristol-Myers Squibb Company’s 0. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial were at 0.77% and 0.89%, respectively, at close of the trading.
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Coming back to CRISPR Therapeutics AG (NASDAQ:CRSP), we note that the average 3-month trading volume was 2.16 Million, while that of the preceding 10-day period stands at 971.84 Million. Current shares outstanding are 75.13 Million.
According to data from Thomson Reuters, insiders hold 12.98% of the company’s shares while institutions hold 64.47%. The data shows that short shares as of March 14, 2021, stood at 4.22 Million at a short ratio of 1.64. This represents a 5.6% short interest in shares outstanding on March 14, 2021. Shares short rose in March from the previous month at 3.05 Million. Investors should be worried about this stock as its upside potential is weak, with current price pushing the stock -24.41% down in year-to-date price movement.