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Saturday, December 9, 2023

It’s Not Over Yet For CryoPort Inc (NASDAQ: CYRX)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. After-hours trades for CryoPort Inc (CYRX) shows that investor sentiment remained broken, with the stock’s consolidated last price falling by -$0.22, or -1.96%, to $11.03. The CryoPort Inc has recorded 3,782 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that Cryoport Reports Third Quarter 2023 Financial Results.

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Stocks Info

CryoPort Inc is listed on the NASDAQ as a member of the Industrials sector and is a part of the Integrated Freight & Logistics industry. At the end of the last regular session, the stock closed at $11.25 and fluctuated between $11.59 as its day high and $10.70 as its day low. The current market capitalization of CryoPort Inc is $549.90M. A total of 0.59 million shares were traded on the day, compared to an average of 683.24K shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, CYRX has seen 3 BUY and 2 SELL insider trades, representing the acquisition of 71,000 and the disposition of 28,375 shares. Over the last 12 months, there were 18 BUYs and 12 SELLs from insiders. Insiders purchased 488,622 shares during that period but sold 215,368.

In the most recent transaction, Hariri Robert J sold 1,500 shares of CYRX for 13.60 per share on Sep 06. After the transaction, the Director now owns 14,516 company shares. In a previous transaction on Sep 01, SHELTON JERRELL sold 26,875 shares at 14.27 per share. CYRX shares that the insider owns now total 632,424.

Among the insiders who sold shares, BERMAN RICHARD J disposed of 7,203 shares on May 11 at a per-share price of $21.51. This resulted in the Director holding 100,000 shares of CYRX after the transaction. In another insider transaction, SHELTON JERRELL sold 141,159 shares at $21.63 per share on May 10. Company shares held by the President, CEO now total 605,299.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for CYRX in the last 3 months, the mean price target is $17.17 with high estimates of $22.00 and low estimates of $13.50. In terms of 52-week highs and lows, CYRX has a high of $26.01 and a low of $9.00.

As of this writing, CYRX has an earnings estimate of -$0.3 per share for the current quarter. EPS was calculated based on a consensus of 10 estimates, with a high estimate of -$0.18 per share and a lower estimate of -$0.38. The company reported an EPS of -$0.42 in the last quarter, which was -75.00% lower than expectations of -$0.24.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on this information. CYRX’s latest balance sheet shows that the firm has $628.80M in Cash & Short Term Investments as of fiscal 2021. There were $427.06M in debt and $42.65M in liabilities at the time. Its Book Value Per Share was $10.48, while its Total Shareholder’s Equity was $641.83M.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for CYRX is Buy with a score of 3.78.

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