CARGO Therapeutics Inc (NASDAQ:CRGX) currently has a daily average trading volume of 745.45K but it saw 833214 shares traded in last market. With a market cap of 190.45M USD, the company’s current market price of $4.13 came falling about -0.48 while comparing to the previous closing price of $4.15. In past 52 weeks, the stock remained buoying in the range of price level as high as $25.45 and as low as $3.00.
Truist downgraded its recommendation for the stock as a “Hold” from “Buy” on January 30, 2025 while assigning a price target range of $32-$7. Piper Sandler also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $34 and $4.
Over the week, CRGX’s stock price is moving 0.73% up while it is -10.80% when we observe its performance for the past one month. Year-to-date it is -71.36% down and over the past year, the stock is showing a downside performance of -80.18%.
The company is expected to be releasing its next quarterly report in June, for which analysts forecasted an EPS of -0.48 while estimate for next year EPS is -1.96.
Currently, CARGO Therapeutics Inc’s total number of outstanding shares is 46.05M with 0.66% of that held by the insiders while 104.66% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at -69.65% and return on equity (ROE) at -65.94%. Stock’s beta reads 0.25. Stock has a price to book (P/B) ratio of 0.67. Its return on asset (ROA) is -55.12% on average.
