Compass Therapeutics Inc (NASDAQ: CMPX): Can The Stock Still Lose Despite An -19.23% YTD Loss?

Compass Therapeutics Inc (NASDAQ:CMPX)’s traded shares stood at 0.33 million during the last session, with the company’s beta value hitting 0.63. At the close of trading, the stock’s price was $1.26, to imply an increase of 5.88% or $0.07 in intraday trading. The CMPX share’s 52-week high remains $2.57, putting it -103.97% down since that peak but still an impressive 39.68% since price per share fell to its 52-week low of $0.76. The company has a valuation of $173.36M, with an average of 0.33 million shares in intraday trading volume over the past 10 days and average of 394.63K shares over the past 3 months.

Analysts have given a consensus recommendation of Buy for Compass Therapeutics Inc (CMPX), translating to a mean rating of 1.43. Of 2 analyst(s) looking at the stock, 1 analyst(s) give CMPX a Sell rating. 0 of those analysts rate the stock as Overweight while 0 advise Hold as 1 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at -0.11.

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Compass Therapeutics Inc (NASDAQ:CMPX) trade information

After registering a 5.88% upside in the last session, Compass Therapeutics Inc (CMPX) has traded red over the past five days. The 5-day price performance for the stock is 8.62%, and 20.00% over 30 days. With these gigs, the year-to-date price performance is -19.23%. Short interest in Compass Therapeutics Inc (NASDAQ:CMPX) saw shorts transact 1.89 million shares and set a 5.38 days time to cover.

Compass Therapeutics Inc (CMPX) estimates and forecasts

Looking at statistics comparing Compass Therapeutics Inc share performance against respective industry, we note that the company has underperformed competitors. Compass Therapeutics Inc (CMPX) shares are -29.61% down over the last 6 months, with its year-to-date growth rate lower than industry average at -27.27% against 18.60%. Revenue is forecast to shrink -37.50% this quarter before falling -9.10% for the next one.

CMPX Dividends

Compass Therapeutics Inc has its next earnings report out on 2024-Aug-12. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Compass Therapeutics Inc (NASDAQ:CMPX)’s Major holders

Compass Therapeutics Inc insiders hold 12.04% of total outstanding shares, with institutional holders owning 72.08% of the shares at 81.94% float percentage. In total, 72.08% institutions holds shares in the company, led by ORBIMED ADVISORS LLC. As of 2024-06-30, the company held over 22.36 million shares (or 16.3701% of shares), all amounting to roughly $22.36 million.

The next major institution holding the largest number of shares is ADAGE CAPITAL PARTNERS GP, L.L.C. with 11.13 million shares, or about 8.1474% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $11.13 million.

We also have iShares Russell 2000 ETF and Vanguard Total Stock Market Index Fund as the top two Mutual Funds with the largest holdings of the Compass Therapeutics Inc (CMPX) shares. Going by data provided on Jun 30, 2024 , iShares Russell 2000 ETF holds roughly 2.38 shares. This is just over 4.57% of the total shares, with a market valuation of $3.0 million. Data from the same date shows that the other fund manager holds a little less at 2.19, or 4.20% of the shares, all valued at about 2.76 million.