Cibus Inc Shares Rise 45.83% From The Lows – But Will They Continue?

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In last trading session, Cibus Inc (NASDAQ:CBUS) saw 0.31 million shares changing hands with its beta currently measuring 1.83. Company’s recent per share price level of $5.28 trading at $0.88 or 19.89% at ring of the bell on the day assigns it a market valuation of $155.56M. That closing price of CBUS’s stock is at a discount of -339.02% from its 52-week high price of $23.18 and is indicating a premium of 45.83% from its 52-week low price of $2.86. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 0.16 million shares which gives us an average trading volume of 208.12K if we extend that period to 3-months.

For Cibus Inc (CBUS), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.50. Splitting up the data highlights that, out of 1 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 0 suggested the stock as a Hold whereas 1 see the stock as a Buy. 0 analyst(s) advised it as an Underweight.

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Cibus Inc (NASDAQ:CBUS) trade information

Upright in the green during last session for gaining 19.89%, in the last five days CBUS remained trading in the green while hitting it’s week-highest on Friday, 11/08/24 when the stock touched $5.28 price level, adding 0.19% to its value on the day. Cibus Inc’s shares saw a change of -73.14% in year-to-date performance and have moved 19.89% in past 5-day. Cibus Inc (NASDAQ:CBUS) showed a performance of 66.40% in past 30-days. Number of shares sold short was 1.85 million shares which calculate 5.45 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 23 to the stock, which implies a rise of 77.04% to its current value. Analysts have been projecting 21 as a low price target for the stock while placing it at a high target of 25. It follows that stock’s current price would drop -297.73% in reaching the projected high whereas dropping to the targeted low would mean a loss of -297.73% for stock’s current value.

Cibus Inc (CBUS) estimates and forecasts

Statistics highlight that Cibus Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company lost -70.26% of value to its shares in past 6 months, showing an annual growth rate of 43.94% while that of industry is -1.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 10.61% during past 5 years.

Cibus Inc (NASDAQ:CBUS)’s Major holders

Insiders are in possession of 24.34% of company’s total shares while institution are holding 31.23 percent of that, with stock having share float percentage of 41.28%. Investors also watch the number of corporate investors in a company very closely, which is 31.23% institutions for Cibus Inc that are currently holding shares of the company.