CYRX Stock Summary and Trading Ideas (Cryoport | NASDAQ:CYRX)

CryoPort Inc is a leader serving the life sciences industry as a provider of integrated temperature-controlled supply chain solutions supporting the life sciences in the biopharma/pharma, animal health, and reproductive medicine markets. Geographically the company operates in the Americas, Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC), generating a majority of its revenue from the Americas.

Cryoport trades on the NASDAQ stock market under the symbol CYRX.

As of January 3, 2025, CYRX stock price climbed to $8.49 with 239,852 million shares trading.

CYRX has a beta of 1.18, meaning it tends to be more sensitive to market movements. CYRX has a correlation of 0.05 to the broad based SPY ETF.

CYRX has a market cap of $419.51 million. This is considered a Small Cap stock.

Last quarter Cryoport reported $57 million in Revenue and -$.02 earnings per share. This fell short of revenue expectation by $-1 million and exceeded earnings estimates by $.27.

In the last 3 years, CYRX traded as high as $56.59 and as low as $5.32.

The top ETF exchange traded funds that CYRX belongs to (by Net Assets): VTI, IWM, VXF, IWO, SCHA.

CYRX has underperformed the market in the last year with a return of -43.8%, while SPY returned +27.8%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CYRX shares. However, CYRX has outperformed the market in the last 3 month and 2 week periods, returning +7.9% and +8.0%, while SPY returned +4.6% and +0.1%, respectively. This indicates CYRX has been having a stronger performance recently.

CYRX support price is $7.58 and resistance is $8.38 (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 CYRX shares will trade within this expected range on the day.