Corcept Therapeutics Inc (NASDAQ:CORT) currently has a daily average trading volume of 1.64M but it saw 1365456 shares traded in last market. With a market cap of 8.23B USD, the company’s current market price of $77.65 came rising about 1.09 while comparing to the previous closing price of $76.81. In past 52 weeks, the stock remained buoying in the range of price level as high as $117.33 and as low as $28.04. In the recent trading on the day, stock has struck highest price mark of $76.4 while lowest mark touched by it was $78.2525.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Truist which upgraded the stock as “Buy” in its note to investors issued on November 06, 2023, recommending a price target of between $29 and $38 for it. Piper Sandler issued its recommendations for the stock as it initiated the price target for the stock is $27.
Over the week, CORT’s stock price is moving 1.88% up while it is 9.44% when we observe its performance for the past one month. Year-to-date it is 54.10% up and over the past year, the stock is showing an upside performance of 178.92%.
Currently, Corcept Therapeutics Inc’s total number of outstanding shares is 105.98M with 11.48% of that held by the insiders while 79.82% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 19.23% and return on equity (ROE) at 21.52%. It has a price to earnings ratio (P/E ratio) of 67.40 while having a 29.19 of forward P/E ratio. Stock’s beta reads 0.18. Stock has a price to book (P/B) ratio of 12.04 while price to sale or P/S ratio amounts to 12.01. Its return on asset (ROA) is 17.64% on average.
