CARGO Therapeutics Inc (NASDAQ: CRGX) On Tuesday, started off the session at the price of On Tuesday, remained unchanged from the previous trading day, before settling in for the closing price of $4.60. Within the past 52 weeks, CRGX’s price has moved between $3.00 and $25.45.
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The company achieved an average annual earnings per share of 34.06%. With a float of $29.81 million, this company’s outstanding shares have now reached $46.04 million.
The firm has a total of 167 workers. Let’s measure their productivity. 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 Activity
Observing investor behavior towards Biotechnology industry stocks is more important than anything else. The insider ownership of CARGO Therapeutics Inc is 35.28%, while institutional ownership is 89.07%. 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) Earnings and Forecasts
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
CARGO Therapeutics Inc (CRGX) is currently performing well based on its current performance indicators. A quick ratio of 13.79 was reported for the most recent quarter.
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)
Analysing the last 5-days average volume posted by the [CARGO Therapeutics Inc, CRGX], we can find that recorded value of 1.36 million was better than the volume posted last year of 1.09 million. As of the previous 9 days, the stock’s Stochastic %D was 89.87%. Additionally, its Average True Range was 0.27.
During the past 100 days, CARGO Therapeutics Inc’s (CRGX) raw stochastic average was set at 9.92%, which indicates a significant decrease from 87.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 43.04% in the past 14 days, which was lower than the 225.47% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.02, while its 200-day Moving Average is $13.63. Now, the first resistance to watch is $4.71. This is followed by the second major resistance level at $4.83. The third major resistance level sits at $4.91. If the price goes on to break the first support level at $4.51, it is likely to go to the next support level at $4.43. Should the price break the second support level, the third support level stands at $4.31.
CARGO Therapeutics Inc (NASDAQ: CRGX) Key Stats
Market capitalization of the company is 211.84 million based on 46,052K outstanding shares. Right now, sales total 0 K and income totals -167,500 K. The company made 0 K in profit during its latest quarter, and -45,430 K in sales during its previous quarter.
