CRBP Stock Summary and Trading Ideas (Corbus Pharmaceuticals Holdings | NASDAQ:CRBP)

Corbus Pharmaceuticals Holdings Inc is a precision oncology company with a diversified portfolio and is committed to helping people defeat serious illness by bringing scientific approaches to well-understood biological pathways. The company's development pipeline includes; CRB-701, a next-generation antibody-drug conjugate (ADC) that targets the expression of Nectin-4 on cancer cells to release a cytotoxic payload, CRB-601, an anti-integrin monoclonal antibody that blocks the activation of TGF expressed on cancer cells, and CRB-913 a second-generation peripherally restricted CB1 receptor inverse agonist designed to treat obesity.

Corbus Pharmaceuticals Holdings trades on the NASDAQ stock market under the symbol CRBP.

As of April 22, 2024, CRBP stock price declined to $37.70 with 90,527 million shares trading.

CRBP has a beta of 0.13, meaning it tends to be less sensitive to market movements. CRBP has a correlation of 0.00 to the broad based SPY ETF.

CRBP has a market cap of $395.59 million. This is considered a Small Cap stock.

In the last 3 years, CRBP stock traded as high as $68.70 and as low as $2.11.

The top ETF exchange traded funds that CRBP belongs to (by Net Assets): VTI, VXF, ITOT, IWC, FESM.

CRBP has outperformed the market in the last year with a return of +274.4%, while the SPY ETF gained +22.3%. In the last 3 month period, CRBP beat the market returning +434.8%, while SPY returned +3.9%. However, in the most recent 2 weeks CRBP has underperformed the stock market by returning -5.7%, while SPY returned -3.6%.

CRBP support price is $36.79 and resistance is $41.69 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CRBP stock will trade within this expected range on the day.