On Tuesday, Cullinan Therapeutics Inc (NASDAQ: CGEM) was -1.07% drop from the session before settling in for the closing price of $17.80. A 52-week range for CGEM has been $7.64 – $30.19.
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It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -20.00%. When this article was written, the company’s average yearly earnings per share was at 12.53%. With a float of $38.41 million, this company’s outstanding shares have now reached $42.90 million.
The extent of productivity of a business whose workforce counts for 85 workers is very important to gauge. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
Cullinan Therapeutics Inc (CGEM) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cullinan Therapeutics Inc stocks. The insider ownership of Cullinan Therapeutics Inc is 33.75%, while institutional ownership is 77.46%. The most recent insider transaction that took place on Jul 05 ’24, was worth 130,640. In this transaction Chief Scientific Officer of this company sold 8,000 shares at a rate of $16.33, taking the stock ownership to the 123,942 shares. Before that another transaction happened on May 06 ’24, when Company’s Chief Scientific Officer sold 58,000 for $28.07, making the entire transaction worth $1,628,159. This insider now owns 129,582 shares in total.
Cullinan Therapeutics Inc (CGEM) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.91 earnings per share (EPS) during the time that was better than consensus figure (set at -0.92) by 0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.82 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 12.53% per share during the next fiscal year.
Cullinan Therapeutics Inc (NASDAQ: CGEM) Trading Performance Indicators
You can see what Cullinan Therapeutics Inc (CGEM) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 28.87.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.10, a number that is poised to hit -0.79 in the next quarter and is forecasted to reach -3.26 in one year’s time.
Technical Analysis of Cullinan Therapeutics Inc (CGEM)
The latest stats from [Cullinan Therapeutics Inc, CGEM] show that its last 5-days average volume of 0.58 million was inferior to 0.7 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 68.79%. Additionally, its Average True Range was 1.17.
During the past 100 days, Cullinan Therapeutics Inc’s (CGEM) raw stochastic average was set at 16.08%, which indicates a significant decrease from 50.26% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 47.81% in the past 14 days, which was lower than the 81.97% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $17.98, while its 200-day Moving Average is $16.39. Now, the first resistance to watch is $18.07. This is followed by the second major resistance level at $18.52. The third major resistance level sits at $18.99. If the price goes on to break the first support level at $17.15, it is likely to go to the next support level at $16.68. The third support level lies at $16.23 if the price breaches the second support level.
Cullinan Therapeutics Inc (NASDAQ: CGEM) Key Stats
There are 57,634K outstanding shares of the company, which has a market capitalization of 1.02 billion. As of now, sales total 0 K while income totals -153,160 K. Its latest quarter income was 0 K while its last quarter net income were -42,030 K.
