Crinetics Pharmaceuticals Stock Today

CRNX Stock  USD 57.70  1.63  2.91%   

Performance

3 of 100

 
Weak
 
Strong
Insignificant

Odds Of Distress

Less than 6

 
High
 
Low
Low
Crinetics Pharmaceuticals is trading at 57.70 as of the 21st of November 2024; that is 2.91 percent increase since the beginning of the trading day. The stock's open price was 56.07. Crinetics Pharmaceuticals has only a 6 % chance of going through financial distress over the next few years but had a somewhat insignificant performance during the last 90 days. Note, on October 3, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Crinetics Pharmaceuticals's common stock.
Business Domain
Pharmaceuticals, Biotechnology & Life Sciences
IPO Date
18th of July 2018
Category
Healthcare
Classification
Health Care
Crinetics Pharmaceuticals, Inc., a clinical stage pharmaceutical company, focuses on the discovery, development, and commercialization of therapeutics for rare endocrine diseases and endocrine-related tumors. Crinetics Pharmaceuticals, Inc. was incorporated in 2008 and is headquartered in San Diego, California. The company has 92.74 M outstanding shares of which 6.94 M shares are currently shorted by private and institutional investors with about 8.47 trading days to cover. More on Crinetics Pharmaceuticals

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Crinetics Stock Highlights

ESG Sustainability
Environmental
Governance
Social
CEO, Co-Founder, DirectorScott Struthers
Business ConcentrationBiotechnology, Pharmaceuticals, Biotechnology & Life Sciences, Health Care, NASDAQ Biotechnology, NASDAQ Composite, NASDAQ Health Care, Health Care, Biotechnology, Biotechnology, Healthcare (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Asset Turnover0.0060.0063
Notably Down
Slightly volatile
Total Current Liabilities46.1 M43.9 M
Sufficiently Up
Slightly volatile
Non Current Liabilities Total54.9 M52.3 M
Sufficiently Up
Pretty Stable
Total Assets667.1 M635.4 M
Sufficiently Up
Slightly volatile
Total Current Assets602.9 M574.2 M
Sufficiently Up
Slightly volatile
Debt Levels
Crinetics Pharmaceuticals can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Crinetics Pharmaceuticals' financial leverage. It provides some insight into what part of Crinetics Pharmaceuticals' total assets is financed by creditors.
Liquidity
Crinetics Pharmaceuticals currently holds 51.73 M in liabilities with Debt to Equity (D/E) ratio of 0.01, which may suggest the company is not taking enough advantage from borrowing. Crinetics Pharmaceuticals has a current ratio of 15.62, suggesting that it is liquid enough and is able to pay its financial obligations when due. Note, when we think about Crinetics Pharmaceuticals' use of debt, we should always consider it together with its cash and equity.

Other Non Cash Items

27.96 Million
Crinetics Pharmaceuticals (CRNX) is traded on NASDAQ Exchange in USA. It is located in 6055 Lusk Boulevard, San Diego, CA, United States, 92121 and employs 290 people. Crinetics Pharmaceuticals is listed under Biotechnology category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 5.2 B. Crinetics Pharmaceuticals conducts business under Biotechnology sector and is part of Health Care industry. The entity has 92.74 M outstanding shares of which 6.94 M shares are currently shorted by private and institutional investors with about 8.47 trading days to cover. Crinetics Pharmaceuticals currently holds about 408.51 M in cash with (166.31 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.6.
Check Crinetics Pharmaceuticals Probability Of Bankruptcy
Ownership Allocation
Crinetics Pharmaceuticals holds a total of 92.74 Million outstanding shares. The majority of Crinetics Pharmaceuticals outstanding shares are owned by other corporate entities. These outside corporations are usually referred to as non-private investors looking to acquire positions in Crinetics Pharmaceuticals to benefit from reduced commissions. Consequently, institutional investors are subject to a different set of regulations than regular investors in Crinetics Pharmaceuticals. Please pay attention to any change in the institutional holdings of Crinetics Pharmaceuticals as this could imply that something significant has changed or is about to change at the company. On October 3, 2024, Representative Josh Gottheimer of US Congress acquired under $15k worth of Crinetics Pharmaceuticals's common stock.
Check Crinetics Ownership Details

Crinetics Stock Institutional Holders

InstituionRecorded OnShares
Hhg Plc2024-06-30
2.5 M
Geode Capital Management, Llc2024-06-30
1.7 M
Morgan Stanley - Brokerage Accounts2024-06-30
1.7 M
Cormorant Asset Management, Llc2024-06-30
1.4 M
Orbimed Advisors, Llc2024-06-30
1.3 M
First Light Asset Management, Llc2024-06-30
1.2 M
T. Rowe Price Investment Management,inc.2024-09-30
1.1 M
Artal Group S A2024-06-30
1.1 M
Novo A/s2024-09-30
1000 K
Vanguard Group Inc2024-09-30
6.3 M
Blackrock Inc2024-06-30
6.2 M
View Crinetics Pharmaceuticals Diagnostics

Crinetics Pharmaceuticals Historical Income Statement

At this time, Crinetics Pharmaceuticals' Non Operating Income Net Other is fairly stable compared to the past year. View More Fundamentals

Crinetics Stock Against Markets

Crinetics Pharmaceuticals Corporate Management

Jeff KnightChief OfficerProfile
James HassardChief OfficerProfile
Adriana MBAChief OfficerProfile
Gayathri DiwakarHead RelationsProfile
Dana MDChief OfficerProfile
Marc WilsonChief OfficerProfile

Additional Tools for Crinetics Stock Analysis

When running Crinetics Pharmaceuticals' price analysis, check to measure Crinetics Pharmaceuticals' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Crinetics Pharmaceuticals is operating at the current time. Most of Crinetics Pharmaceuticals' value examination focuses on studying past and present price action to predict the probability of Crinetics Pharmaceuticals' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Crinetics Pharmaceuticals' price. Additionally, you may evaluate how the addition of Crinetics Pharmaceuticals to your portfolios can decrease your overall portfolio volatility.