Cullinan Therapeutics Inc (CGEM) 14-day ATR is 1.31: This Stock is Set to Soar Above its Peers

Witnessing the stock’s movement on the chart, on Wednesday, Cullinan Therapeutics Inc (NASDAQ: CGEM) had a quiet start as it plunged -3.95% to $16.54, before settling in for the price of $17.22 at the close. Taking a more long-term approach, CGEM posted a 52-week range of $7.64-$30.19.

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The Healthcare Sector giants’ yearly sales growth during the last 5-year period was -20.00%. Meanwhile, its Annual Earning per share during the time was -62.42%. Nevertheless, stock’s Earnings Per Share (EPS) this year is 17.91%. This publicly-traded company’s shares outstanding now amounts to $42.90 million, simultaneously with a float of $40.68 million. The organization now has a market capitalization sitting at $953.20 million. At the time of writing, stock’s 50-day Moving Average stood at $19.06, while the 200-day Moving Average is $16.02.

Cullinan Therapeutics Inc (CGEM) Ownership Facts and Figures

Nothing is more important than checking the behaviour of major investors towards the stock of the Biotechnology industry. Cullinan Therapeutics Inc’s current insider ownership accounts for 29.42%, in contrast to 45.50% institutional ownership. According to the most recent insider trade that took place on Jul 05 ’24, this organization’s Chief Scientific Officer sold 8,000 shares at the rate of 16.33, making the entire transaction reach 130,640 in total value, affecting insider ownership by 123,942. Preceding that transaction, on May 07 ’24, Company’s Chief Scientific Officer sold 5,606 for 30.06, making the whole transaction’s value amount to 168,516. This particular insider is now the holder of 129,582 in total.

Cullinan Therapeutics Inc (CGEM) Earnings and Revenue Records

Cullinan Therapeutics Inc’s EPS increase for this current 12-month fiscal period is 17.91% and is forecasted to reach -3.06 in the upcoming year.

Cullinan Therapeutics Inc (NASDAQ: CGEM) Trading Performance Indicators

Let’s observe the current performance indicators for Cullinan Therapeutics Inc (CGEM). It’s Quick Ratio in the last reported quarter now stands at 20.33. The Stock has managed to achieve an average true range (ATR) of 1.31.

In the same vein, CGEM’s Diluted EPS (Earnings per Share) trailing twelve months is recorded -3.14, a figure that is expected to reach -0.73 in the next quarter, and analysts are predicting that it will be -3.06 at the market close of one year from today.

Technical Analysis of Cullinan Therapeutics Inc (CGEM)

Going through the that latest performance of [Cullinan Therapeutics Inc, CGEM]. Its last 5-days volume of 0.77 million indicated improvement to the volume of 0.71 million it revealed a year ago. During the previous 9 days, stock’s Stochastic %D was recorded 14.43% While, its Average True Range was 1.29.

Raw Stochastic average of Cullinan Therapeutics Inc (CGEM) in the period of the previous 100 days is set at 10.26%, which indicates a major rise in contrast to 1.97% during the last 2-weeks. If we go through the volatility metrics of the stock, In the past 14-days, Company’s historic volatility was 57.34% that was lower than 82.62% volatility it exhibited in the past 100-days period.