CohBar, Inc. (NASDAQ:CWBR) traded at $1.16 at last check on Friday, Nov 20, making an upward move of 5.45% on its previous day’s price.
Looking at the stock we see that its previous close was $1.1 and the beta (5Y monthly) reads 2.45 with the day’s price range being $1.0850 – 1.1700. The company has a 12-month trailing PE ratio of 0. In terms of its 52-week price range, CWBR has a high of $4.25 and a low of $0.85. The company’s stock has gained about 25.32% over that past 30 days.
There have been 1 upward and no downward revisions for the stock’s EPS in last 7 days, something that reflects the nature of company’s price movement in short term. On the other hand, looking at the outlook for the CWBR stock, short term indicators assign the stock an average of Hold, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 100% Sell.
Let’s briefly compare CohBar, (CWBR) stock to its peers. We find that today’s price change of +5.45% and -41.41% over the past 12 months for CWBR competes that of Bristol-Myers Squibb Company (BMY), which has seen its stock price fall -0.77% in the latest trading session and is +8.37% over the last one year. Another of its peers Amgen Inc (AMGN) has dropped -0.67% today, but is -2.04% down over the past year, while Gilead Sciences Inc (GILD) is also up 5.45% yet its price remains in the red at -41.41% over the same period. Bristol-Myers has a P/E ratio of 0 compared to CohBar,’s 0 and Amgen’s 17.99. In contrast to these companies, both the S&P 500 Index and the Dow Jones Industrial are today at -0.68% and -0.75%, respectively, in early deals.
Coming back to CohBar, Inc. (NASDAQ:CWBR), we note that the average 3-month trading volume was 703.76 Million, while that of the preceding 10-day period stands at 736.44 Million. Current shares outstanding are 57.96 Million.
According to data from Thomson Reuters, insiders hold 24.3% of the company’s shares while institutions hold 12.35%. The data shows that short shares as of October 29, 2020, stood at 794.42 Million at a short ratio of 2.16. This represents a 1.37% Short interest in Shares outstanding on October 29, 2020. Shares short rose in October from the previous month at 562.95 Million. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock -27.5% down in year-to-date price movement.