At the end of the latest market close, Cullinan Oncology Inc. (CGEM) was valued at $8.59. In that particular session, Stock kicked-off at the price of $8.54 while reaching the peak value of $8.705 and lowest value recorded on the day was $7.30. The stock current value is $7.31.Recently in News on May 2, 2022, Cullinan Oncology Reports Inducement Grants Under Nasdaq Listing Rule 5635(c)(4). Cullinan Oncology, Inc. (Nasdaq: CGEM) (“Cullinan”) today announced that the compensation committee of the Company’s Board of Directors granted stock option awards to purchase an aggregate of 207,000 shares of its common stock to two employees outside Cullinan Oncology, Inc’s 2021 Stock Option and Incentive Plan. The stock options were granted as an inducement material to the individuals entering into employment with Cullinan, in accordance with Nasdaq Listing Rule 5635(c)(4). You can read further details here
Cullinan Oncology Inc. had a pretty Dodgy run when it comes to the market performance. The 1-year high price for the company’s stock is recorded $18.46 on 01/04/22, with the lowest value was $7.30 for the same time period, recorded on 05/11/22.
Cullinan Oncology Inc. (CGEM) full year performance was -75.99%
Price records that include history of low and high prices in the period of 52 weeks can tell a lot about the stock’s existing status and the future performance. Presently, Cullinan Oncology Inc. shares are logging -80.59% during the 52-week period from high price, and -12.98% higher than the lowest price point for the same timeframe. The stock’s price range for the 52-week period managed to maintain the performance between $8.40 and $37.66.
The company’s shares, operating in the sector of Healthcare managed to top a trading volume set approximately around 1014815 for the day, which was evidently higher, when compared to the average daily volumes of the shares.
When it comes to the year-to-date metrics, the Cullinan Oncology Inc. (CGEM) recorded performance in the market was -52.62%, having the revenues showcasing -49.06% on a quarterly basis in comparison with the same period year before. At the time of this writing, the total market value of the company is set at 330.56M, as it employees total of 31 workers.
Cullinan Oncology Inc. (CGEM) in the eye of market guru’s
During the last month, 4 analysts gave the Cullinan Oncology Inc. a BUY rating, 0 of the polled analysts branded the stock as an OVERWEIGHT, 0 analysts were recommending to HOLD this stock, 0 of them gave the stock UNDERWEIGHT rating, and 0 of the polled analysts provided SELL rating.
According to the data provided on Barchart.com, the moving average of the company in the 100-day period was set at 12.99, with a change in the price was noted -8.05. In a similar fashion, Cullinan Oncology Inc. posted a movement of -52.41% for the period of last 100 days, recording 234,743 in trading volumes.
Total Debt to Equity Ratio (D/E) can also provide valuable insight into the company’s financial health and market status. The debt to equity ratio can be calculated by dividing the present total liabilities of a company by shareholders’ equity. Debt to Equity thus makes a valuable metrics that describes the debt, company is using in order to support assets, correlating with the value of shareholders’ equity The total Debt to Equity ratio for CGEM is recording 0.00 at the time of this writing. In addition, long term Debt to Equity ratio is set at 0.00.
Cullinan Oncology Inc. (CGEM): Stocks Technical analysis and Trends
Raw Stochastic average of Cullinan Oncology Inc. in the period of last 50 days is set at 0.13%. The result represents downgrade in oppose to Raw Stochastic average for the period of the last 20 days, recording 0.22%. In the last 20 days, the company’s Stochastic %K was 2.72% and its Stochastic %D was recorded 10.76%.
If we look into the earlier routines of Cullinan Oncology Inc., multiple moving trends are noted. Year-to-date Price performance of the company’s stock appears to be encouraging, given the fact the metric is recording -52.62%. Additionally, trading for the stock in the period of the last six months notably deteriorated by -67.51%, alongside a downfall of -75.99% for the period of the last 12 months. The shares increased approximately by -33.61% in the 7-day charts and went up by -34.03% in the period of the last 30 days. Common stock shares were lifted by -49.06% during last recorded quarter.