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Is it Time to Dump Crispr Therapeutics AG (CRSP) Stock After it Has Gained 25.94% in a Week?

Wednesday, May 18, 2022 01:51 PM | InvestorsObserver Analysts

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Is it Time to Dump Crispr Therapeutics AG (CRSP) Stock After it Has Gained 25.94% in a Week?

The market has been high on Crispr Therapeutics AG (CRSP) stock recently. CRSP gets a Bullish score from InvestorsObserver Stock Sentiment Indicator.

Sentiment Score - ,bullish
Crispr Therapeutics AG has a Bullish sentiment reading. Find out what this means for you and get the rest of the rankings on CRSP!

What is Stock Sentiment?

In investing, sentiment generally means whether or not a given security is in favor with investors. It is typically a pretty short-term metric that relies entirely on technical analysis. That means it doesn’t incorporate anything to do with the health or profitability of the underlying company. Sentiment is how investors, or the market, feels about a stock. There are lots of ways to measure sentiment. At the core, sentiment is pretty easy to understand. If a stock is going up, investors must be bullish, while if it is going down, sentiment is bearish. InvestorsObserver’s Sentiment Indicator looks at price trends over the past week and also considers changes in volume. Increasing volume can mean a trend is getting stronger, while decreasing volume can mean a trend is nearing a conclusion. For stocks that have options, our system also considers the balance between calls, which are often bets that the price will go up, and puts, which are frequently bets that the price will fall.

What's Happening With CRSP Stock Today?

Crispr Therapeutics AG (CRSP) stock has gained 1.18% while the S&P 500 is lower by -3.72% as of 1:34 PM on Wednesday, May 18. CRSP is up $0.64 from the previous closing price of $54.36 on volume of 740,577 shares. Over the past year the S&P 500 is down -5.44% while CRSP is lower by -49.64%. CRSP earned $3.60 a per share in the over the last 12 months, giving it a price-to-earnings ratio of 15.19. To screen for more stocks like Crispr Therapeutics AG click here.

More About Crispr Therapeutics AG

CRISPR Therapeutics is a gene editing company focused on the development of CRISPR/Cas9-based therapeutics. CRISPR/Cas9 stands for Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9), which is a revolutionary technology for precisely altering specific sequences of genomic DNA. The company is focused on using this technology to treat genetically defined diseases. CRISPR's most advanced pipeline candidate, CTX001, is in collaboration with Vertex Pharmaceuticals and targets sickle cell disease and transfusion-dependent beta-thalassemia, which have high unmet medical needs. The company is progressing additional gene editing programs for immuno-oncology, as well as a stem cell-derived therapy for the treatment of Type 1 diabetes. Click Here to get the full Stock Report for Crispr Therapeutics AG stock.

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