Stocks like Checkpoint Therapeutics Inc [CKPT] still have plenty of sunny days ahead

In yesterday’s Wall Street session, Checkpoint Therapeutics Inc (NASDAQ:CKPT) shares traded at $3.57, down -3.90% from the previous session.

CKPT stock price is now 1.74% away from the 50-day moving average and 47.86% away from the 200-day moving average. The market capitalization of the company currently stands at $174.33M.

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On June 09, 2021, B. Riley Securities recently initiated its ‘Buy’ rating on the stock quoting a target price of $18, while ‘Cantor Fitzgerald’ rates the stock as ‘Overweight’

In other news, Oliviero James F III, CEO, President and Director sold 24,610 shares of the company’s stock on Jun 26 ’24. The stock was sold for $50,450 at an average price of $2.05. Upon completion of the transaction, the CEO, President and Director now directly owns 1,977,170 shares in the company, valued at $7.06 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jun 26 ’24, Chief Financial Officer GRAY WILLIAM GARRETT sold 13,038 shares of the business’s stock. A total of $26,858 was realized by selling the stock at an average price of $2.06. This leaves the insider owning 672,186 shares of the company worth $2.4 million. A total of 15.69% of the company’s stock is owned by insiders.

During the past 12 months, Checkpoint Therapeutics Inc has had a low of $1.36 and a high of $4.50. The fifty day moving average price for CKPT is $3.4849 and a two-hundred day moving average price translates $2.407825 for the stock.

The latest earnings results from Checkpoint Therapeutics Inc (NASDAQ: CKPT) was released for 2024-06-30.

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