CryoPort (CYRX) Upgraded at BidaskClub
BidaskClub upgraded shares of CryoPort (NASDAQ:CYRX) from a buy rating to a strong-buy rating in a report released on Friday.
Separately, ValuEngine cut CryoPort from a strong-buy rating to a buy rating in a research note on Tuesday, January 15th. Four analysts have rated the stock with a buy rating and two have given a strong buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus target price of $19.75.
NASDAQ:CYRX traded up $0.25 during trading hours on Friday, reaching $11.95. 135,975 shares of the stock were exchanged, compared to its average volume of 169,602. CryoPort has a twelve month low of $6.66 and a twelve month high of $16.88. The stock has a market capitalization of $363.27 million, a price-to-earnings ratio of -35.15 and a beta of 1.22.
Cryoport, Inc provides cryogenic logistics solutions to the life sciences industry in the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The company offers Cryoportal, a cloud-based logistics management platform that supports the management of shipments, which includes order entry, document preparation, customs documentation, courier management, real-time shipment tracking, issue resolution, and regulatory compliance requirements; and CryoPort Express Shippers, a dry vapor cryogenic shipper that use liquid nitrogen contained inside a vacuum insulated vessel, which serves as a refrigerant to provide stable storage temperatures.
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