You Should Read This Analysis Before Investing in Compass Therapeutics Inc (NASDAQ:CMPX)

In the current trading session, Compass Therapeutics Inc’s (CMPX) stock is trading at the price of $3.99, a gain of 14.14% over last night’s close. So, the stock is trading at a price that is 9.45% less than its 52-week high of $3.65 and 422.22% better than its 52-week low of $0.76. Based on the past 30-day period, the stock price is -2.70% below the high and +126.16% above the low.

The 200-day Simple moving average is often placed more emphasis on by traders because of daily price changes. Investors will use the SMA-200 in different situations in trading activity as a key indicator to determine their support and resistance levels, and at the moment, CMPX’s SMA-200 is $1.59.

It is also essential to consider CMPX stock ratios like the price-to-sales ratio, which is 646.67 for the last year.CMPX’s price to book ratio for the most recent quarter was 3.97, resulting in an 4.06 price to cash per share for the period.

How does Compass Therapeutics Inc (CMPX) stock rate among analysts? Buy, sell, or hold?

The key to trading is to concentrate on the future rather than on the past. During uncertain times, it can be hard to make decisions. The analysts who understand how a market works are usually the most accurate at forecasting its future. Currently, there are 7 brokerage firms that recommend the stock as a Strong Buy. The ratings are commonly aggregated into a single number between 1 and 5. Buy or strong buy is scored 5, outperform is scored 4, hold is scored 3, underperform is scored 2 and strong sell is 1. Using a scale of 1-5, the current average recommendation is 4.57 in simple terms.

Compass Therapeutics Inc (CMPX): Earnings History

Most analysts expect public companies to report earnings and revenue in line with their projections, but sometimes these figures vary from what they actually expected. In the current quarter, the company had earnings predictions made by 6 different analysts, who are expecting earnings to fall in between the range of -0.07 and -0.14 with an average Earnings Estimate of -0.10 which is in contrast with the last year earnings estimate of -0.11 and also replicates 9.09% growth rate year over year.

Compass Therapeutics Inc (NASDAQ: CMPX) Ownership Details

I will give a breakdown of the key shareholders in Compass Therapeutics Inc (CMPX). Recent figures show that the company’s insiders hold 12.51% of shares. A total of 114 institutional investors hold shares in the company, making 73.61% of its stock and 84.14% of its float.

Sep 30, 2024, it was reported that the Company’s largest institutional holder is Orbimed Advisors LLC. holding total of 22.36 shares that make 42.90% of the company’s total number of shares and are currently priced at 88.56 million.

The securities firm Adage Capital Partners GP L.L.C. holds 11.13 shares of CMPX, making it the second largest institutional shareholder. Taking this into account, the holding percentage comes to 21.35%, and the holding percentage of shares is valued at 44.07 million.

An overview of Compass Therapeutics Inc’s technicals

In order to learn about trade movements and investor behavior, it is best to analyze the short, medium, and long term technical indicators along with the average volume of a stock. A 20-day average of the stock’s daily volume suggests Compass Therapeutics Inc (CMPX) traded 1,674,254 shares per day, with a moving average of $2.92 and price change of +2.19. With the moving average of $2.10 and a price change of +2.46, about 1,438,150 shares changed hands on average over the past 50 days. Finally, CMPX’s 100-day average volume is 974,672 shares, alongside a moving average of $1.92 and a price change of +2.25.

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