CryoPort Inc (NASDAQ:CYRX) shares, rose in value on Friday, June 20, with the stock price down by -6.05% to the previous day’s close as strong demand from buyers drove the stock to $6.37.
Actively observing the price movement in the last trading, the stock closed the session at $6.78. Referring to stock’s 52-week performance, its high was $9.93, and the low was $4.58. On the whole, CYRX has fluctuated by -5.49% over the past month.
With the market capitalization of CryoPort Inc currently standing at about $319.37 million, investors are eagerly awaiting this quarter’s results, scheduled for on 2025-May-07.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 169.38M, with a low estimate of 41M and a high estimate of 42.5M. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 41.74M.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that CYRX’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Sell while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the price of CYRX currently trading nearly -0.68% and 3.37% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 48.30, while the 7-day volatility ratio is showing 4.33% which for the 30-day chart, stands at 4.52%. Furthermore, CryoPort Inc (CYRX)’s beta value is 1.84, and its average true range (ATR) is 0.46.
A comparison of CryoPort Inc (CYRX) with its peers suggests the former has fared considerably weaker in the market. CYRX showed an intraday change of -6.05% in last session, and over the past year, it shrunk by -34.93%%.
Data on historical trading for CryoPort Inc (NASDAQ:CYRX) indicates that the trading volumes over the past 3 months, they’ve averaged 495.98K. According to company’s latest data on outstanding shares, there are 50.14 million shares outstanding.
Nearly 4.09% of CryoPort Inc’s shares belong to company insiders and institutional investors own 93.04% of the company’s shares. The stock has fallen by -18.12% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the CYRX stock heading into the next quarter.
