CRGX
Price:
$4.47
Market Cap:
$216.19M
CARGO Therapeutics, Inc. is a clinical-stage biopharmaceutical company dedicated to pioneering innovative chimeric antigen receptor (CAR) T-cell therapies for patients battling cancer. Its primary therapeutic candidate is CRG-022, an autologous CD22 CAR T-cell product. This therapy is specifically engineered to counteract mechanisms of resistance in B-cell malignancies by targeting CD22, a distinct tumor antigen prevalent in these conditions. The company's pipeline also includes CRG-023, a novel tri-specific CAR T product candidate designed to engage tumor cells through three different B-cell antigen targets. Formerly known as Syncopation Life Sciences, Inc., the company adopted its current ...[Read more]
Industry
Biotechnology
IPO Date
2023-11-13
Stock Exchange
NASDAQ
Ticker
CRGX
According to CARGO Therapeutics, Inc. Common Stock’s latest financial reports and current stock price. The company's current Current Ratio is 12.37. This represents a change of -3.75% compared to the average of 12.85 of the last 4 quarters.
The mean historical Current Ratio of CARGO Therapeutics, Inc. Common Stock over the last ten years is 8.32. The current 12.37 Current Ratio has changed 14.76% with respect to the historical average. Over the past ten years (40 quarters), CRGX's Current Ratio was at its highest in in the December 2023 quarter at 19.35. The Current Ratio was at its lowest in in the September 2022 quarter at 0.
Average
8.32
Median
6.94
Minimum
0.08
Maximum
19.35
Discovering the peaks and valleys of CARGO Therapeutics, Inc. Common Stock Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 21.65%
Maximum Annual Current Ratio = 19.35
Minimum Annual Increase = -28.76%
Minimum Annual Current Ratio = 0.08
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 13.79 | -28.76% |
| 2023 | 19.35 | 21.65% |
| 2022 | 0.09 | 18.42% |
The current Current Ratio of CARGO Therapeutics, Inc. Common Stock (CRGX) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
11.07
5-year avg
8.32
10-year avg
8.32
CARGO Therapeutics, Inc. Common Stock’s Current Ratio is less than Acelyrin, Inc. (18.43), greater than Alaunos Therapeutics, Inc. (1.63), greater than Spectrum Pharmaceuticals, Inc. (2.37), greater than LakeShore Biopharma Co., Ltd (1.02), greater than LENZ Therapeutics, Inc. (10.40), greater than Inhibrx Biosciences, Inc. (6.46), less than Merrimack Pharmaceuticals, Inc. (43.50), greater than Zevra Therapeutics, Inc. (4.89), greater than Cytocom, Inc. (7.60), greater than Vaccitech plc (6.05),
| Company | Current Ratio | Market cap |
|---|---|---|
| 18.43 | $229.17M | |
| 1.63 | $5.25M | |
| 2.37 | $210.38M | |
| 1.02 | $25.84M | |
| 10.40 | $192.83M | |
| 6.46 | $225.87M | |
| 43.50 | $223.97M | |
| 4.89 | $762.58M | |
| 7.60 | $226.39M | |
| 6.05 | $192.73M |
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How does the current Current Ratio for CARGO Therapeutics, Inc. Common Stock (CRGX) compare to its historical average?