On Tuesday, CARGO Therapeutics Inc (NASDAQ: CRGX) opened lower -4.22% from the last session, before settling in for the closing price of $4.03. Price fluctuations for CRGX have ranged from $3.00 to $25.45 over the past 52 weeks.
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Company’s average yearly earnings per share was noted 34.06% at the time writing. With a float of $29.80 million, this company’s outstanding shares have now reached $46.04 million.
Let’s look at the performance matrix of the company that is accounted for 167 employees. In terms of profitability, gross margin is 0.0%, operating margin of 0.0%, and the pretax margin is 0.0%.
CARGO Therapeutics Inc (CRGX) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Biotechnology industry is another important factor to consider. The insider ownership of CARGO Therapeutics Inc is 35.28%, while institutional ownership is 89.06%. The most recent insider transaction that took place on Apr 03 ’25, was worth 6,522. In this transaction an insider of this company sold 1,629 shares at a rate of $4.00, taking the stock ownership to the 77,317 shares. Before that another transaction happened on Sep 18 ’24, when Company’s President & CEO sold 7,166 for $25.09, making the entire transaction worth $179,775. This insider now owns 103,905 shares in total.
CARGO Therapeutics Inc (CRGX) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.48 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 34.06% per share during the next fiscal year.
CARGO Therapeutics Inc (NASDAQ: CRGX) Trading Performance Indicators
Check out the current performance indicators for CARGO Therapeutics Inc (CRGX). In the past quarter, the stock posted a quick ratio of 13.79.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -3.76, a number that is poised to hit -0.78 in the next quarter and is forecasted to reach -2.56 in one year’s time.
Technical Analysis of CARGO Therapeutics Inc (CRGX)
CARGO Therapeutics Inc (NASDAQ: CRGX) saw its 5-day average volume 0.76 million, a negative change from its year-to-date volume of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 46.32%. Additionally, its Average True Range was 0.29.
During the past 100 days, CARGO Therapeutics Inc’s (CRGX) raw stochastic average was set at 4.30%, which indicates a significant decrease from 38.94% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 34.62% in the past 14 days, which was lower than the 225.93% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.27, while its 200-day Moving Average is $14.12. Nevertheless, the first resistance level for the watch stands at $4.08 in the near term. At $4.30, the stock is likely to face the second major resistance level. The third major resistance level sits at $4.43. If the price goes on to break the first support level at $3.73, it is likely to go to the next support level at $3.60. The third support level lies at $3.38 if the price breaches the second support level.
CARGO Therapeutics Inc (NASDAQ: CRGX) Key Stats
There are currently 46,052K shares outstanding in the company with a market cap of 177.76 million. Presently, the company’s annual sales total 0 K according to its annual income of -167,500 K. Last quarter, the company’s sales amounted to 0 K and its income totaled -45,430 K.
