THMO Stock Summary and Trading Ideas (Thermogenesis Holdings | NASDAQ:THMO)

ThermoGenesis Holdings Inc develops, commercializes and markets a range of automated technologies for CAR-T and other cell-based therapies. The company markets a full suite of solutions for automated clinical biobanking, point-of-care applications, and automation for immuno-oncology, including its semi-automated, functionally-closed CAR-TXpress platform, which streamlines the manufacturing process for the emerging CAR-T immunotherapy market. It offers the AutoXpress and BioArchive platforms for automated clinical bio-banking, PXP platform for point-of-care cell-based therapies and CAR-TXpress platform for bio-manufacturing for immuno-oncology applications.

Thermogenesis Holdings trades on the NASDAQ stock market under the symbol THMO.

As of April 18, 2024, THMO stock price climbed to $0.65 with 19,287 million shares trading.

THMO has a beta of -0.14, meaning it tends to be less sensitive to market movements. THMO has a correlation of 0.00 to the broad based SPY ETF.

THMO has a market cap of $5.17 million. This is considered a Sub-Micro Cap stock.

Last quarter Thermogenesis Holdings reported $2 million in Revenue and -$1.09 earnings per share. This fell short of revenue expectation by $-906,000 and missed earnings estimates by -$.88.

In the last 3 years, THMO stock traded as high as $142.20 and as low as $.36.

The top ETF exchange traded funds that THMO belongs to (by Net Assets): VXF.

THMO has underperformed the market in the last year with a price return of -76.9% while the SPY ETF gained +22.3%. However, in the short term, THMO had mixed performance relative to the market. It has outperformed in the last 3 months, returning +64.2% vs +6.1% return in SPY. But in the last 2 weeks, THMO shares have been beat by the market, returning -24.4% compared to an SPY return of -3.8%.

THMO support price is $.57 and resistance is $.70 (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 THMO stock will trade within this expected range on the day.