Centessa Pharmaceuticals plc ADR (CNTA): Investing In A Time Of Crisis

Centessa Pharmaceuticals plc ADR (NASDAQ:CNTA) currently has a daily average trading volume of 629.83K but it saw 1097534 shares traded in last market. With a market cap of 2.35B USD, the company’s current market price of $17.84 came rising about 3.48 while comparing to the previous closing price of $17.24. In past 52 weeks, the stock remained buoying in the range of price level as high as $18.97 and as low as $7.38. In the recent trading on the day, stock has struck highest price mark of $17.3 while lowest mark touched by it was $18.1486.

Taking a look at 20-day trading activity of Centessa Pharmaceuticals plc ADR (CNTA) gives us an average price of $16.27, while its current price level is -5.96% below from 52-week high level whereas it is 141.73% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $16.83 while that of 200 days or SMA-200 reads an average of $13.36. A closer look into the stock’s movement over the week reveals that its volatility is standing at 6.67% during that period while stretching the period over a month that increases to 6.97%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 60.83 which implies that the stock is in neutral territory.

Morgan Stanley upgraded its recommendation for the stock as a “Overweight” from “Equal-Weight” on September 20, 2024 while assigning a price target range of $11-$26. B. Riley Securities also issued its recommendations for the stock as it initiated the price target for the stock is $33.

Over the week, CNTA’s stock price is moving 5.50% up while it is 6.57% when we observe its performance for the past one month. Year-to-date it is 6.51% up and over the past year, the stock is showing an upside performance of 118.90%.

Currently, Centessa Pharmaceuticals plc ADR’s total number of outstanding shares is 131.66M with 1.24% of that held by the insiders while 92.65% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -27.78% and return on equity (ROE) at -42.73%. Stock’s beta reads 1.53. Stock has a price to book (P/B) ratio of 4.71 while price to sale or P/S ratio amounts to 339.92. Its return on asset (ROA) is -32.83% on average.