Cyclacel Pharmaceuticals, Inc. (CYCC) Stock: A Strong Pick In The Biotech Space?

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Cyclacel Pharmaceuticals, Inc. (CYCC) is gaining in the market in today’s trading session. The stock, one that is focused on the biotechnology sector, is presently priced at $0.76 after gaining 22.26% so far in today’s session. In terms of biotech companies, there are a number of aspects that have the ability to cause gains in the market. News is one of the most common reasons for movement. Here are the recent headlines centered around CYCC:

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May-24-19 12:50PM A Look At Benzinga Pro’s Most-Searched Tickers For May 24
May-16-19 12:27PM Edited Transcript of CYCC earnings conference call or presentation 14-May-19 8:30pm GMT
May-14-19 04:05PM Cyclacel Pharmaceuticals Reports First Quarter 2019 Financial Results
May-08-19 07:00AM Cyclacel Pharmaceuticals to Release First Quarter 2019 Financial Results
Apr-29-19 09:55AM Could Cyclacel Pharmaceuticals, Inc.’s (NASDAQ:CYCC) Investor Composition Influence The Stock Price?

However, any time investors are making a decision with regard to investing, investors should look into far more than news, especially in the generally speculative biotech space. Here’s what’s happening with Cyclacel Pharmaceuticals, Inc..

Performance Trends That We’ve Seen From CYCC

While a gain in a single session, like the move that we’re seeing from Cyclacel Pharmaceuticals, Inc. may make some investors happy, that by itself shouldn’t be the basis of a decision to, or not to, invest in a company. It is generally smart to look into trends experienced by the stock just a single trading session. As it relates to CYCC, below are the returns that we’ve seen:

  • Past 5 Trading Sessions – In the past 5 trading sessions, CYCC has produced a change in price that amounts to 10.58%.
  • Monthly – The monthly returns from Cyclacel Pharmaceuticals, Inc. has been 12.21%.
  • Quarterly – Over the last quarter, the company has generated a return that comes to -5.80%
  • Past 6 Months – In the past six months, we have seen a performance that works out to -23.85% from the company.
  • YTD – Since the the first trading session of this year CYCC has resulted in a return of 26.12%.
  • Annually – Finally, over the last full year, we’ve seen movement that works out to -46.27% from CYCC. Over this period of time, the stock has traded at a high of -59.20% and a low price of 49.61%.

Rations That Investors Should Look Into

Looking at a few key ratios having to do with a stock can provide traders a view of how dangerous and/or potentially profitable a pick may be. Here are some of the important ratios to think about when digging into CYCC.

Short Ratio – The short ratio is a measure of short interest. As the ratio heads up, it means that more investors are expecting that the price of the stock is headed for declines. Throughout the sector, biotechnology stocks can carry a higher short ratio. On the other hand, we tend to see quite a few short squeezes in the sector. Nonetheless, when it comes to Cyclacel Pharmaceuticals, Inc., the stock’s short ratio is 0.14.

Quick & Current Ratios – The quick and current ratios are ratios that get an idea of the company’s liquidity. Essentially, they measure the company’s abilities to pay its debts as they mature with only quick assets or current assets. In the biotechnology space, many companies are heavily reliant on continued investor support, the quick and current ratios can be upsetting. Nonetheless, some gems in the biotechnology industry come with strong current and quick ratios. In terms of CYCC, the quick and current ratios work out to 4.40 and 4.40 respectively.  

Book To Share Value – The book to share value compares the current book value of assets owned by the company to the price of shares. In this case, the book to share value ratio works out to 1.23.

Cash To Share Value – The cash to share value ratio compares the total cash on hand to the price of shares. Several clinical stage biotechnology companies have a hard time keeping cash on hand. So, when investing in the biotechnology sector, this is an important ratio to look into. When it comes to CYCC, the cash to share value ratio comes to 1.01.

How Analysts Feel About Cyclacel Pharmaceuticals, Inc.

Although it’s never a smart idea to blindly follow the thoughts of analysts, it is a smart idea to consider their thoughts when validating your own opinions when it comes to making investment decisions in the biotech sector. Below are the recent moves that we’ve seen from analysts with regard to CYCC.

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Sep-07-18 Initiated Ladenburg Thalmann Buy
Oct-16-15 Initiated H.C. Wainwright Buy $5
Feb-04-10 Initiated Roth Capital Buy $7
Oct-28-09 Initiated Merriman Buy
Aug-12-08 Initiated Piper Jaffray Buy $5

Is Big Money Interested In Cyclacel Pharmaceuticals, Inc.

Humans that are into investing seem to be infatuated with the term “Smart money follows big money.” It makes sense. Big money became big money by making smart decisions in the market. So, by following the moves of big money institutions and insiders, we can get a glimpse of what market pros think about a stock. When it comes to big money interest in CYCC, here’s what we’re seeing:

  • Institutional Investors – At the moment, institutions hold 5.20% of CYCC. On the other hand, it’s worth considering that the ownership held by institutions has moved in the amount of 73.84% in the past quarter.
  • Insiders – When it comes to insiders, members of the management team and others close to CYCC currently own 13.53% of the company. Their ownership of the company has changed by 0.00% throughout the last quarter.

Looking At Share Counts

Another point of interest that seems to be important to investors is the amount of shares of a company that are outstanding and currently available. At the moment, there are 17.25M shares of Cyclacel Pharmaceuticals, Inc. outstanding. Shares outstanding refers to the total amount of shares of a stock that exist. As far as the float goes, or the amount of shares that are actually available on the retail market, CYCC has a float of 14.87M.

Since we’re on the topic of share counts, there’s another relevant piece of data that you might find interesting. That would be the short percentage of the float. Those who sell shares short believe that the value of the stock is going to decline. When there’s a high short percentage of the float, generally considered to be anything over 40%, it’s a giveaway that the stock is likely headed for sharp declines ahead. Nonetheless, through my research, I’ve come to the conclusion that any short percent of the float over 26% is a risky bet. When it comes to CYCC, the short percent of the float is 0.70%.

What We’ve Seen In earnings results

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-0.59. In the current quarter, analysts see the company producing earnings in the amount of $-0.16. Over the last 5 years, CYCC has generated revenue in the amount of $-32.70% with earnings coming in at 47.50%. On a quarter over quarter basis, earnings have seen movement of 4.50% and revenue has seen movement of 0.

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