On Monday, C4 Therapeutics Inc (NASDAQ: CCCC) opened lower -5.20% from the last session, before settling in for the closing price of $4.42. Price fluctuations for CCCC have ranged from $1.12 to $11.88 over the past 52 weeks.
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A company in the Healthcare sector has jumped its sales by 7.65% annually for the last half of the decade. Company’s average yearly earnings per share was noted 42.88% at the time writing. With a float of $56.67 million, this company’s outstanding shares have now reached $70.56 million.
In an organization with 145 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 76.78%, operating margin of -354.44%, and the pretax margin is -312.52%.
C4 Therapeutics Inc (CCCC) Insider Updates
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of C4 Therapeutics Inc is 19.72%, while institutional ownership is 83.28%. The most recent insider transaction that took place on Nov 18 ’24, was worth 54,532. Before that another transaction happened on Oct 18 ’24, when Company’s Director proposed sale 13,000 for $6.41, making the entire transaction worth $83,321.
C4 Therapeutics Inc (CCCC) Performance Highlights and Predictions
According to the Wall Street analysts, stocks earnings will be around 42.88% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 22.30% during the next five years compared to -36.05% drop over the previous five years of trading.
C4 Therapeutics Inc (NASDAQ: CCCC) Trading Performance Indicators
Check out the current performance indicators for C4 Therapeutics Inc (CCCC). In the past quarter, the stock posted a quick ratio of 6.31. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 9.96.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.70, a number that is poised to hit -0.49 in the next quarter and is forecasted to reach -1.57 in one year’s time.
Technical Analysis of C4 Therapeutics Inc (CCCC)
Let’s dig in a bit further. During the last 5-days, its volume was 2.21 million. That was better than the volume of 2.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 40.07%. Additionally, its Average True Range was 0.44.
During the past 100 days, C4 Therapeutics Inc’s (CCCC) raw stochastic average was set at 11.71%, which indicates a significant decrease from 31.58% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 85.19% in the past 14 days, which was higher than the 79.76% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $5.27, while its 200-day Moving Average is $6.25. However, in the short run, C4 Therapeutics Inc’s stock first resistance to watch stands at $4.83. Second resistance stands at $5.47. The third major resistance level sits at $5.83. If the price goes on to break the first support level at $3.82, it is likely to go to the next support level at $3.46. Assuming the price breaks the second support level, the third support level stands at $2.82.
C4 Therapeutics Inc (NASDAQ: CCCC) Key Stats
There are currently 70,589K shares outstanding in the company with a market cap of 335.20 million. Presently, the company’s annual sales total 20,760 K according to its annual income of -132,490 K. Last quarter, the company’s sales amounted to 15,360 K and its income totaled -24,670 K.
