As of Thursday, Context Therapeutics Inc.’s (NASDAQ:CNTX) stock closed at $0.84, up from $0.79 the previous day. While Context Therapeutics Inc. has overperformed by 6.33%, investors are advised to look at stock chart patterns for technical insight. Within its last year performance, CNTX fell by -58.42%, with highs and lows ranging from $2.52 to $0.47, whereas the simple moving average fell by -16.56% in the last 200 days.
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Analysis of Context Therapeutics Inc. (CNTX)
One of the most important indicators of Context Therapeutics Inc.’s future performance is equity, which can be evaluated using several well-rounded types of analysis and research techniques. The goal here is to ensure that your current return on equity of -49.50% is sufficient for you to turn a profit off your investment. Taking into account the quick ratio of the company, currently set at 9.90, you can see that the company can cover any debts it may have, which can easily be seen in the annual report of the company.
For any stock, average volume can also provide valuable insight into volatility, and CNTX is recording 108.50K average volume. On a monthly basis, the volatility of the stock is set at 12.86%, whereas on a weekly basis, it is put at 19.77%, with a gain of 50.00% over the past seven days. Furthermore, long-term investors anticipate a median target price of $2.42, showing growth from the present price of $0.84, which can serve as yet another indication of whether CNTX is worth investing in or should be passed over.
How Do You Analyze Context Therapeutics Inc. Shares?
Along with the fundamentals, it is also important to consider how many employees own shares of the company. This is because the values should be in line with investors’ expectations. As such, the current holdings of company stock inside the company are set at 0.90%. This can enable you to see the extent to which executives own the company’s stock. As opposed to executive stock, institutional ownership accounts for 32.50% of the company’s shares, contributing to an indication of company value, since large shareholders may signify strength within the organization.
Are institutional investors increasing their holdings in CNTX shares?
The recent increase in stakes in CNTX appears to be a result of several institutional investors and hedge funds increasing their positions. The Vanguard Group, Inc.’s position in CNTX has decreased by -10.53% in the first quarter. The company now owns 573,400 shares of the stock, with a value of $0.33 million, following the sale of -67,463 additional shares during the last quarter. swisspartners AG made another increased to its shares in CNTX during the first quarter, upping its stake by 111.76%.
At the end of the first quarter, Geode Capital Management LLC decreased its CNTX holdings by -2.67% and now holds 59568.0 CNTX shares valued at $34609.0 with the lessened 1634.0 shares during the period. CNTX shares are owned by institutional investors to the tune of 32.50% at present.
