Cyclerion Therapeutics, Inc. (CYCN) Stock: A Biotech Stock That’s Headed Up

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Cyclerion Therapeutics, Inc. (CYCN) is gaining in the market in today’s trading session. The company, one that is focused in the biotech space, is presently trading at $13.43 after climbing 22.20% so far today. In terms of biotechnology companies, there are a number of aspects that have the potential to lead to gains in the market. News is one of the most common reasons for movement. Here are the recent headlines relating to CYCN:

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Oct-08-19 08:00AM Cyclerion Therapeutics and Collaborators to Present New Research on the Sickle Cell Disease Patient Journey at Upcoming Medical Meetings
Sep-25-19 01:22PM Read This Before Selling Cyclerion Therapeutics, Inc. (NASDAQ:CYCN) Shares
Sep-10-19 08:00AM Cyclerion to Host Webcast Investor Event on Cardiometabolic Programs on September 17
Aug-12-19 08:00AM Cyclerion Therapeutics Reports Second Quarter 2019 Financial Results and Progress on Four Clinical Studies with Data Readouts Anticipated in the Next 12 Months
Jul-31-19 10:58AM Ironwood (IRWD) Q2 Earnings and Revenues Beat Estimates

However, when making an investing decision, investors should focus on much more than news, this is especially the case in the highly speculative biotech space. Here’s what’s happening with Cyclerion Therapeutics, Inc..

The Performance That We’ve Seen From CYCN

While a gain in a single session, like what we’re seeing from Cyclerion Therapeutics, Inc. may lead to excitement in some investors, a single session gain alone shouldn’t be the reason for a decision to, or not to, buy a company’s stock. It is always important to dig into trends experienced by the stock just a single trading session. In the case of CYCN, below are the returns that we’ve seen:

  • Past Seven Days – Over the past five trading sessions, CYCN has produced a change in price in the amount of 20.23%.
  • Past 30 Days – The return from Cyclerion Therapeutics, Inc. over the last month has been 10.81%.
  • Past Quarter – In the past three months, the company has generated a return on investment that works out to 44.56%
  • Past 6 Months – Throughout the past six months, we’ve seen a change that works out to -11.64% from the stock.
  • YTD – Since the the last trading session of last year CYCN has generated a ROI of 7.44%.
  • Annually – Finally, over the last full year, we have seen a change that works out to 0 from CYCN. Throughout this period, the stock has sold at a high of -41.23% and a low price of 71.52%.

Rations That You Should Think About

Looking at a few key ratios having to do with a stock can provide traders an understanding of how dangerous and/or potentially profitable a stock pick may be. Below are a few of the most important ratios to look at when digging into CYCN.

Short Ratio – The short ratio is a measure of short interest. The higher this short ratio, the more investors believe that the value of the stock is going to tumble. Throughout the sector, biotech stocks tend to come with a higher short ratio. However, we also tend to see quite a few short squeezes in the space. Nonetheless, in relation to Cyclerion Therapeutics, Inc., the stock’s short ratio is 12.47.

Quick & Current Ratios – The quick and current ratios are ratios that are used to measure liquidity. Basically, they measure whether or not a company can cover its debts when they mature with only quick assets or current assets. In the biotech sector, companies are reliant on the continuation of support from investors, these ratios can seem bad. Nonetheless, quite a few better companies in the biotechnology space do have great current and quick ratios. As far as CYCN, the quick and current ratios come to 6.60 and 6.60 respectively.  

Book To Share Value – The book to share value compares the value of assets owned by the company to the share price of the stock. In this case, that ratio works out to 5.15.

Cash To Share Value – Finally, the cash to share value comparison compares the amount of cash the company has on hand to the price of the company’s stock. Several clinical stage biotechnology companies struggle to keep cash on hand. So, if you’re looking into a stock in the biotechnology industry, this is an important ratio to look into. In this case, the cash to share value works out to 5.14.

Analyst Opinions With Regard To Cyclerion Therapeutics, Inc.

Although it’s never a good idea to blindly follow the opinions of analysts, it is a smart idea to consider their analysis in order to validate your own when it comes to making investment decisions in the biotech industry. Below you’ll find the recent moves that we’ve seen from analysts when it comes to CYCN.

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Jun-03-19 Initiated Credit Suisse Neutral

Show Me The Big Money

One thing that I’ve learned so far in my brief period alive, or somewhat alive has been that good investors tend to follow big money investors. So, investors that want to keep their investments relatively safe will watch investments made by institutional investors and insiders of the company. So, where is the big money as it relates to CYCN? Here’s what’s happening:

  • Institutions – As it stands now, institutions own 73.60% of Cyclerion Therapeutics, Inc.. Nonetheless, it is important to note that institutional ownership has moved in the amount of 0.26% throughout the last 3 months.
  • Insider Moves – As far as insiders go, those close to the situation currently hold 0.80% of the company. Insider ownership of the company has changed by 0 throughout the last quarter.

What You Need To Know About 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 27.42M shares of Cyclerion Therapeutics, 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, CYCN has a float of 26.66M.

I also find it important to dig into the short percent. After all, if a high portion of the float is sold short, the overall feeling among traders is that the equity is going to take a dive. In regard to CYCN, the percentage of the float that is sold short comes to a total of 4.63%. Most traders believe that a high short percent of the float would be any percentage over 40%. Nonetheless, I have seen that any short percent of the float over 26% is probably going to be a a play that could prove to be very risky.

Financial Performance

At the moment, analysts are expecting that throughout the full year, earnings per diluted share will come in at $-2.51. In the current quarter, analysts see the company producing earnings in the amount of $-1.30. Over the last 5 years, CYCN 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 41.40% and revenue has seen movement of 0.

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