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NASDAQ: CRGX
Cargo Therapeutics Inc Stock

$18.68+0.40 (+2.19%)
Updated Apr 26, 2024
CRGX Price
$18.68
Fair Value Price
N/A
Market Cap
$735.30M
52 Week Low
$13.14
52 Week High
$33.92
P/E
-1.13x
P/B
1.81x
P/S
N/A
PEG
N/A
Dividend Yield
N/A
Revenue
$0.00
Earnings
-$98.15M
Gross Margin
N/A
Operating Margin
N/A
Profit Margin
N/A
Debt to Equity
0.12
Operating Cash Flow
-$81M
Beta
2.15
Next Earnings
N/A
Ex-Dividend
N/A
Next Dividend
N/A

CRGX Overview

CARGO Therapeutics, Inc., a clinical-stage biotechnology company, develops chimeric antigen receptor (CAR) T-cell therapies for cancer patients. The company's lead program is CRG-022, an autologous CD22 CAR T-cell product candidate designed to address resistance mechanisms by targeting CD22, an alternate tumor antigen that is expressed in B-cell malignancies. It also develops CRG-023, a tri-specific CAR T product candidate that targets tumor cells with three B-cell antigen targets. The company was formerly known as Syncopation Life Sciences, Inc. and changed its name to CARGO Therapeutics, Inc. in September 2022. CARGO Therapeutics, Inc. was incorporated in 2019 and is headquartered in San Mateo, California.

Zen Score

Industry Average (23)
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Due Diligence Checks

CRGX is unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
CRGX is good value based on its book value relative to its share price (1.81x), compared to the US Biotechnology industry average (5.85x)
P/B vs Industry Valuation
CRGX is unprofitable, so we... subscribe to Premium to read more.
PEG Value Valuation
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CRGX News

Valuation

CRGX price to earnings (PE)

For valuing profitable companies with steady earnings
Company
-1.13x
Industry
14.88x
Market
41.14x

CRGX price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.81x
Industry
5.85x
CRGX is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation

CRGX's financial health

Profit margin

Revenue
$0.0
Net Income
-$32.1M
Profit Margin
0%
CRGX's cash and short-term investments... subscribe to Premium to read more.
Interest Coverage Financials

Assets to liabilities

Assets
$453.0M
Liabilities
$47.7M
Debt to equity
0.12
CRGX's short-term assets ($409.48M) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
CRGX's short-term assets ($409.48M) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
CRGX's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
-$29.0M
Investing
-$3.0M
Financing
$377.9M
CRGX's cash and short-term investments... subscribe to Premium to read more.
Debt Coverage Financials

CRGX vs Biotech Stocks

TickerMarket Cap1d %P/EP/B
CRGX$735.30M+2.19%-1.13x1.81x
PRAX$725.46M+3.63%-2.93x10.41x
RGNX$719.28M+0.81%-2.69x2.31x
ARCT$714.60M+1.45%-23.71x2.57x
PLRX$711.42M-0.59%-4.29x1.50x

Cargo Therapeutics Stock FAQ

What is Cargo Therapeutics's quote symbol?

(NASDAQ: CRGX) Cargo Therapeutics trades on the NASDAQ under the ticker symbol CRGX. Cargo Therapeutics stock quotes can also be displayed as NASDAQ: CRGX.

If you're new to stock investing, here's how to buy Cargo Therapeutics stock.

What is the 52 week high and low for Cargo Therapeutics (NASDAQ: CRGX)?

(NASDAQ: CRGX) Cargo Therapeutics's 52-week high was $33.92, and its 52-week low was $13.14. It is currently -44.93% from its 52-week high and 42.16% from its 52-week low.

How much is Cargo Therapeutics's stock price per share?

(NASDAQ: CRGX) Cargo Therapeutics stock price per share is $18.68 today (as of Apr 26, 2024).

What is Cargo Therapeutics's Market Cap?

(NASDAQ: CRGX) Cargo Therapeutics's market cap is $735.30M, as of Apr 27, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Cargo Therapeutics's market cap is calculated by multiplying CRGX's current stock price of $18.68 by CRGX's total outstanding shares of 39,363,052.
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