Century Therapeutics Inc (NASDAQ:IPSC) concluded the trading at $1.07 on Wednesday, January 08 with a rise of 0.94% from its closing price on previous day.
Taking a look at stock we notice that its last check on previous day was $1.06 and 5Y monthly beta was reading 1.42 with its price kept floating in the range of $1.04 and $1.185 on the day. Considering stock’s 52-week price range provides that IPSC hit a high price of $5.51 and saw its price falling to a low level of $0.95 during that period. Over a period of past 1-month, stock came subtracting -29.61% in its value.
In contrast, when we review IPSC stock’s current outlook then short term indicators are assigning it an average of 100% Sell, while medium term indicators are categorizing the stock at an average of 100% Sell. Long term indicators are suggesting an average of 100% Sell for it.
According to ratings assigned by 4 analysts at the scale of 1 to 5 with 1.00 representing a strong buy and 5.00 suggesting a strong sell; 1 of them are recommending Century Therapeutics Inc (IPSC) as a Hold, while 3 are in view that stock is a Buy. Recommendation by 0 analysts for the stock is an Underweight while number of those analysts who rated the stock as an Overweight is 0, whereas 0 of them are considering the stock as a Sell. When taken as whole, stock gets a rating of Overweight and that encourages the investors to exploit the opportunity and build their stake up in the company.
Digging deeper we become aware of the PEG ratio of the IPSC stock which is currently positioned at 0. It further provides that stock’s current price level is -3.91% away from its 20-day simple moving average and is -15.91% off its SMA50. Its relative strength index (RSI) for 14-periods is oscillating at 42.22 while volatility remained at 10.89% over the past week which changes to 10.38% when measuring it over the past month. Beta is valued at 1.76, while measure of average true range or ATR is currently at 0.11. In predicting price targets of as low as $5 and as high as $5, analysts are in agreement on assigning the stock over the next 12 months average price target of $5. Stock’s current price level is -367.29% above from estimated low price target while it is -367.29% below the estimated high; and even if the IPSC’s share succeeded to reach the median price of $5, then the outlook of -367.29% could come to the excitement of the investors.
Having a second look at Century Therapeutics Inc (NASDAQ:IPSC) provides that stock’s average daily trading volume for 3 months was 547.32K, while it jumped to 495670 when we calculate an average volume for past 10 days. Number of outstanding shares of the stock stood at 84.76 million.
The percentage of outstanding shares held by the insiders is 59.06% while it is 31.02% for the institutional holders. The figures also indicate that as of 2024-12-13, number of stock’s short shares was 2.71 million which implies a short ratio of 3.65. This shows up a 390.00 of Short Interest in company’s outstanding shares on the day. In December the standing of shares short improved as it was 2.26 million in the previous month. Addition of 5.94% by stock’s current price to its year-to-date value in last trading session is likely to be increasing investors’ interest in the stock as it is hinting an extended uptrend.