Can You Get A Quick Recovery From Cue Biopharma Inc (NASDAQ: CUE) Given A -164.23% drop From High?

During the last session, Cue Biopharma Inc (NASDAQ:CUE)’s traded shares were 0.46 million, with the beta value of the company hitting 1.91. At the end of the trading day, the stock’s price was $1.23, reflecting an intraday loss of -7.52% or -$0.1. The 52-week high for the CUE share is $3.25, that puts it down -164.23 from that peak though still a striking 63.41% gain since the share price plummeted to a 52-week low of $0.45. The company’s market capitalization is $74.06M, and the average intraday trading volume over the past 10 days was 1.87 million shares, and the average trade volume was 586.19K shares over the past three months.

Cue Biopharma Inc (CUE) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.00. CUE has a Sell rating from 0 analyst(s) out of 1 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 1 recommend a Buy rating for it.

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Cue Biopharma Inc (NASDAQ:CUE) trade information

Cue Biopharma Inc (CUE) registered a -7.52% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -7.52% in intraday trading to $1.23, hitting a weekly high. The stock’s 5-day price performance is 6.03%, and it has moved by 112.07% in 30 days. Based on these gigs, the overall price performance for the year is -40.29%. The short interest in Cue Biopharma Inc (NASDAQ:CUE) is 3.8 million shares and it means that shorts have 8.62 day(s) to cover.

The consensus price target of analysts on Wall Street is $6, which implies an increase of 79.5% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $2 and $7 respectively. As a result, CUE is trading at a discount of -469.11% off the target high and -62.6% off the low.

Cue Biopharma Inc (CUE) estimates and forecasts

Statistics show that Cue Biopharma Inc has outperformed its competitors in share price, compared to the industry in which it operates. Cue Biopharma Inc (CUE) shares have gone down -29.71% during the last six months, with a year-to-date growth rate more than the industry average at 23.42% against 17.50.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.55%. While earnings are projected to return 37.16% in 2024.

CUE Dividends

Cue Biopharma Inc is due to release its next quarterly earnings on 2024-Nov-07. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.

Cue Biopharma Inc (NASDAQ:CUE)’s Major holders

Cue Biopharma Inc insiders own 0.55% of total outstanding shares while institutional holders control 26.58%, with the float percentage being 26.73%. BLEICHROEDER LP is the largest shareholder of the company, while 94.0 institutions own stock in it. As of 2024-06-30, the company held over 2.86 million shares (or 5.7849% of all shares), a total value of $3.55 million in shares.

The next largest institutional holding, with 2.4 million shares, is of SLATE PATH CAPITAL LP’s that is approximately 4.8567% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $2.98 million.