Checkpoint Therapeutics Inc (NASDAQ:CKPT) Shares Surged 27.09% In A Week – But Will They Keep Going Up?

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In last trading session, Checkpoint Therapeutics Inc (NASDAQ:CKPT) saw 0.8 million shares changing hands with its beta currently measuring 1.33. Company’s recent per share price level of $4.41 trading at $0.13 or 3.04% at ring of the bell on the day assigns it a market valuation of $215.35M. That closing price of CKPT’s stock is at a premium of 1.81% from its 52-week high price of $4.33 and is indicating a premium of 69.16% from its 52-week low price of $1.36. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 1.01 million shares which gives us an average trading volume of 741.07K if we extend that period to 3-months.

For Checkpoint Therapeutics Inc (CKPT), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 1.00. Splitting up the data highlights that, out of 3 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 3 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0 in the current quarter.

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Checkpoint Therapeutics Inc (NASDAQ:CKPT) trade information

Upright in the green during last session for gaining 3.04%, in the last five days CKPT remained trading in the green while hitting it’s week-highest on Friday, 11/29/24 when the stock touched $4.41 price level, adding 0.9% to its value on the day. Checkpoint Therapeutics Inc’s shares saw a change of 92.58% in year-to-date performance and have moved 27.09% in past 5-day. Checkpoint Therapeutics Inc (NASDAQ:CKPT) showed a performance of 21.82% in past 30-days. Number of shares sold short was 5.56 million shares which calculate 5.7 days to cover the short interests.

Checkpoint Therapeutics Inc (CKPT) estimates and forecasts

Statistics highlight that Checkpoint Therapeutics Inc is scoring comparatively higher than the scores of other players of the relevant industry. The company added 132.11% of value to its shares in past 6 months, showing an annual growth rate of 71.29% while that of industry is 17.70. Apart from that, the company came raising its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -76.70% from the last financial year’s standing.

3 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 10.33k for the same. And 1 analysts are in estimates of company making revenue of 4.53M in the next quarter.

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 26.32% during past 5 years.

Checkpoint Therapeutics Inc (NASDAQ:CKPT)’s Major holders

Insiders are in possession of 15.52% of company’s total shares while institution are holding 13.91 percent of that, with stock having share float percentage of 16.47%. Investors also watch the number of corporate investors in a company very closely, which is 13.91% institutions for Checkpoint Therapeutics Inc that are currently holding shares of the company.

On the other hand, Vanguard Total Stock Market Index Fund and Vanguard Extended Market Index Fund are the top two Mutual Funds which own company’s shares. As of Jun 30, 2024 , the former fund manager was holding 1.09 shares of worth $4.8 million or 2.27% of the total outstanding shares. The later fund manager was in possession of 242.15 shares on Jun 30, 2024 , making its stake of worth around $1.06 million in the company or a holder of 0.50% of company’s stock.