CARGO Therapeutics Common Stock (CRGX)
Exchange: USA Stocks • Country: United States • Currency: USD • Type: Common Stock • ISIN: -s
CARGO Therapeutics, Inc. is a clinical-stage biotechnology company that focuses on developing innovative treatments for cancer patients in the United States. The company's primary goal is to harness the power of the immune system to fight cancer, and it does this by creating chimeric antigen receptor (CAR) T-cell therapies.
One of the company's lead programs is CRG-022, an autologous CD22 CAR T-cell product candidate that is currently in phase 2 clinical trials. This treatment is designed to overcome resistance mechanisms by targeting CD22, a specific antigen that is commonly expressed in B-cell malignancies. By targeting this antigen, CRG-022 has the potential to provide a more effective treatment option for patients with B-cell cancers.
In addition to CRG-022, CARGO Therapeutics is also developing CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. This approach allows for a more comprehensive attack on cancer cells, increasing the chances of successful treatment.
Formerly known as Syncopation Life Sciences, Inc., the company rebranded as CARGO Therapeutics, Inc. in September 2022. Founded in 2019, CARGO Therapeutics is headquartered in San Mateo, California, and is dedicated to advancing the field of CAR T-cell therapies to improve patient outcomes.
For more information about CARGO Therapeutics and its innovative approach to cancer treatment, visit their website at https://www.cargo-tx.com.
Drawdown (Underwater) Chart
CRGX Stock Overview
Market Cap in USD | 941m |
Sector | Healthcare |
Industry | Biotechnology |
GiC SubIndustry | Biotechnology |
TER | 0.00% |
IPO / Inception | 2023-11-10 |
CRGX Stock Ratings
Growth 5y | 5.46 |
Fundamental | - |
Dividend | - |
Rel. Performance vs Sector | 0.37 |
Analysts | 4.67/5 |
Fair Price Momentum | 17.79 USD |
Fair Price DCF | - |
CRGX Dividends
Yield 12m | 0.00% |
Yield on Cost 5y | 0.00% |
Dividends CAGR 5y | 0.00% |
Payout Consistency | 0.0% |
CRGX Growth Ratios
Growth 12m | 39.93% |
Growth Correlation 12m | 25% |
Growth Correlation 3m | -55% |
CAGR 5y | 39.93% |
CAGR/Mean DD 5y | 2.63 |
Sharpe Ratio 12m | 0.57 |
Alpha vs SP500 12m | -11.31 |
Beta vs SP500 5y weekly | 1.90 |
ValueRay RSI | 60.32 |
Volatility GJR Garch 1y | 56.74% |
Price / SMA 50 | -6.71% |
Price / SMA 200 | 0.1% |
Current Volume | 166.8k |
Average Volume 20d | 156.9k |
External Links for CRGX Stock
Wall Street Journal • Benzinga • Yahoo Finance
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Fund Manager Positions
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As of May 16, 2024, the stock is trading at USD 20.99 with a total of 166,773 shares traded.
Over the past week, the price has changed by +2.99%, over one month by +5.53%, over three months by -8.02% and over the past year by +39.93%.
According to ValueRays Forecast Model, CRGX CARGO Therapeutics Common Stock will be worth about 20.3 in May 2025. The stock is currently trading at 20.99. This means that the stock has a potential downside of -3.19%.
Issuer | Forecast | Upside |
---|---|---|
Wallstreet Target Price | 25.5 | 21.5 |
Analysts Target Price | 25.5 | 21.5 |
ValueRay Target Price | 20.3 | -3.19 |