Drilling Down Into Cesca Therapeutics Inc. (KOOL)

Cesca Therapeutics Inc. (KOOL) is an interesting player in the Healthcare space, with a focus on Medical Appliances & Equipment. The stock has been active on the tape, currently trading at $0.50, down from yesterday’s close by -8.25%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Cesca Therapeutics Inc. (KOOL) currently trades with a market capitalization of $8.28 Million. That value represents a market adjusting for revenues that have been falling by -42.59 % on a quarterly year/year basis as of the company’s last quarterly report.

You can get a sense of how sustainable that is by a levered free cash flow of -$7.09 Million over the past twelve months. Generally speaking, earnings are expected to hold steady in coming quarters. Analysts are forecasting earnings of $0 on a per share basis this quarter. Perhaps, that suggests something about why 31.37% of the outstanding share supply is held by institutional investors.

Technical Analysis

As most professionals know, technical analysis can offer critical insights into what smart money and insiders think about a stock’s prospects going forward. Looking at the stock’s movement on the chart, Cesca Therapeutics Inc. recorded a 52-week high of $6.44. It is now trading 5.94% off that level. The stock is trading $1.12 its 50-day moving average by 0.62%. The stock carved out a 52-week low down at $0.42.

In recent action, Cesca Therapeutics Inc. (KOOL) has made a move of -55.36% over the past month, which has come on weak relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.11, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 7.05% with $10.63 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of KOOL.

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