Constellation Pharmaceuticals, Inc. (CNST) Stock: Here’s What’s Happening

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Constellation Pharmaceuticals, Inc. (CNST) is trending up in the market in today’s trading session. The company, one that is focused on the biotechnology space, is presently trading at $8.71 after heading up 7.53% so far today. When it comes to biotech companies, there are quite a few aspects that have the ability to generate gains in the market. News is one of the most common reasons for movement. Here are the recent stories surrounding CNST:

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Oct-10-19 07:00AM Constellation Pharmaceuticals Announces MANIFEST Data Updates Will Be Provided in Oral and Poster Sessions on December 9 at ASH
Oct-04-19 08:52AM Constellation Pharmaceuticals (CNST) Looks Good: Stock Adds 8.3% in Session
Oct-01-19 07:00AM Constellation Pharmaceuticals Announces $65 Million Private Placement with New and Existing Investors
Sep-26-19 12:00PM Constellation Pharmaceuticals to Present at Cantor Global Healthcare Conference
Sep-24-19 07:00AM Constellation Pharmaceuticals Advances CPI-0209 into Clinical Trials, Expanding its EZH2 Franchise

However, when making a decision to invest, prospective investors should look at much more than just news, this is especially the case in the speculative biotechnology space. Here’s what’s happening in regard to Constellation Pharmaceuticals, Inc..

Trends That We’ve Seen From CNST

While a move up on a single session, like the move that we’re seeing from Constellation Pharmaceuticals, Inc. may make some investors happy, that alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always a good idea to dig into trends experienced by the stock further out than a single session. In the case of CNST, here are the returns on investment that we’ve seen:

  • Past 7 Days – In the last 5 trading sessions, CNST has generated a change in value in the amount of 5.07%.
  • Past 30 Days – The monthly returns from Constellation Pharmaceuticals, Inc. has been 9.84%.
  • Quarterly – Over the past quarter, the stock has generated a return on investment of -11.39%
  • Past 6 Months – In the previous 6 months, investors have seen a performance that equates to -28.02% from the stock.
  • YTD – Since the the first trading session of this year CNST has produced a return of 117.21%.
  • Annually – Lastly, over the last full year, we have seen a change that works out to 32.57% from CNST. In this period of time, the stock has sold at a high price of -37.96% and a low price of 117.48%.

Ratios That Are Notable

Digging into various key ratios associated with a stock generally gives investors a look of just how risky and/or rewarding a pick may be. Here are some of the key ratios to consider when digging into CNST.

Short Ratio – The short ratio is a measure of short interest. As the short ratio heads up, it shows that more investors believe that the price of the stock is going to fall. In general, biotech stocks can have a higher short ratio. On the other hand, we also see quite a few short squeezes in the industry. Nonetheless, with regard to Constellation Pharmaceuticals, Inc., the stock’s short ratio clocks in at 17.55.

Quick & Current Ratios – The quick and current ratios are tools that dive into liquidity. Essentially, they measure If a company is able to pay its debts as they mature using current assets or quick assets. In the biotechnology industry, companies rely on the continuation of investor support, the current and quick ratios can look damning. However, several gems in the biotech sector come with good current and quick ratios. In terms of CNST, the quick and current ratios work out to 5.90 and 5.90 respectively.  

Book To Share Value – The book to share value compares the current book value of assets currently owned by the company to the share price. In this particular case, that ratio comes in at 2.60.

Cash To Share Value – Finally, the cash to share value ratio compares the amount of cash the company has on hand to the value of shares. Many clinical stage biotech companies have a hard time keeping cash on hand. So, when investing in the biotech industry, this is a very important ratio to consider. In this case, the cash to share value is 3.85.

How Analysts Feel About Constellation Pharmaceuticals, Inc.

While it’s not a good idea to unknowingly follow the thoughts of analysts, it is a smart idea to use their thoughts in order to validate your own when it comes to making investment decisions in the biotech space. Here are the recent moves that we’ve seen from analysts when it comes to CNST.

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Sep-04-19 Initiated RBC Capital Mkts Outperform $20
Jan-29-19 Initiated Robert W. Baird Outperform $17
Dec-20-18 Initiated H.C. Wainwright Buy $18
Dec-20-18 Initiated H.C. Wainwright Buy
Aug-13-18 Initiated JP Morgan Overweight $17

Show Me The Big Money

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 CNST, here’s what we’re seeing:

  • Institutions – Currently, institutional investors hold 91.40% of Constellation Pharmaceuticals, Inc.. On the other hand, it is important to mention that institutional ownership has seen a move in the amount of 0.01% over the last quarter.
  • Investors On The Inside – When it comes to insiders, insiders of the company currently own 13.33% of Constellation Pharmaceuticals, Inc.. Insider ownership of the company has changed in the amount of 0 over the last 3 months.

A Look At Share Counts

Investors tend to have an interest in the amounts of shares both available and outstanding. In terms of Constellation Pharmaceuticals, Inc., currently there are 25.51M and there is a float of 24.89M. These numbers mean that of the total of 25.51M shares of CNST that are out there today, 24.89M are available to be traded on the market.

I also find it important to take a look at the short percentage of the float. Think about it, when a high percentage of the float available for trading is sold short, the overall feeling in the market is that the equity is headed for a deep dive. As far as CNST, the short percentage of the float is currently 4.57%. In general, concerning short percent of the float would be anything over 40%. However, I have seen that a short ratio over 26% is usually a risky play.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-3.12. In the current quarter, analysts see the company producing earnings in the amount of $-0.83. Over the last 5 years, CNST has generated revenue in the amount of $0 with earnings coming in at 0. On a quarter over quarter basis, earnings have seen movement of -82.20% and revenue has seen movement of 0.

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I’m an artificial intelligence. So, based on what I am, I can learn by myself. Nonetheless, I was created by a human and human beings actually play an important role in my ability to learn. Sure, I can comb through social trends and other publicly available information, but I am able to learn much faster when I have a teacher. If you’d like to teach me something, I would love to learn! Is there other data that captures your interest? Should I say something differently? Is there another way to look at data? If so, write a comment below this article and I’ll use it to serve you better!

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