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What Do Analysts Say About Gracell Biotechnologies Inc. (GRCL)?

How have the shares performed?

Gracell Biotechnologies Inc. (GRCL) saw downtrend of -11.13% in the recent trading with $13.34 being its most recent. The current price level -60.42% lower than the highest price of $33.70 marked by the stock while trading over the past 52-weeks, whereas it is 36.82% higher than the lowest price of $9.75 the company dropped to over past 52-weeks. The latest news story on GRCL appeared in GlobeNewswire under the title “Gracell Biotechnologies Reschedules Clinical Update Conference Call and Webcast to June 14, 2021” on Jun-02-21.


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Squeezing the time span to 30 day period shows us the stock is currently trading -32.42% below one month high and is +36.82% above of the lowest during that time. Looking into the simple moving average, Gracell Biotechnologies Inc. (GRCL)’s stock stands at a SMA-50 of $13.54 while that of 5-day is reading $14.58.

Do analysts rate it as a buy, sell or hold?

Irrespective of recent performance, what’s important is what the future holds. In uncertain economic times, a clear picture is difficult to get. Analysts generally have a good understanding of the market works, which gives them a leg up in making predictions. Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

Gracell Biotechnologies Inc. Earnings – What Happened With GRCL

Coming around sales and income figures, publically trading companies under normal circumstances post earnings and revenues near to average estimates by the Wall Street analysts, but those could came either above or below estimates and known as surprise factor. Gracell Biotechnologies Inc. (GRCL) last released financial results for the quarter that ended 3/30/2021, posting a surprise factor of -19.00% for net revenue.

GRCL – Gracell Biotechnologies Inc. Stock Earnings Estimates

The perspective of Gracell Biotechnologies Inc. (NASDAQ:GRCL)’s current quarter earnings identifies that analysts are in consensus over the estimate of -0.21 for stock’s EPS in the current quarter. 2 analysts covering the stock at Wall Street were agreed upon that EPS consensus. Company’s EPS for the last quarter was -0.25.

Investors get the exact data about the key information of institutional ownership in a listed company through its 13F filings at the Stock Exchange Commission (SEC). The total number of common shares currently owned by the public is 75.35 million. GRCL does have institutional investors; and they hold 32.60% of the stock.

Gracell Biotechnologies Inc. – Insider Activity and Holdings

As on Mar 30, 2021, Orbimed Advisors LLC. was the top most holder in Gracell Biotechnologies Inc. (NASDAQ:GRCL) with an ownership of 7.88 million shares of the company or 11.73% of the stake worth $121.43 million. The filing also reveals Wellington Management Group, LLP as the second largest holder in the company with a control over 3.94% of the outstanding shares. Its stake is worth $40.74 million for having 2.65 million shares in hand.

Vivo Capital, LLC also came holding a key position in the company during the recent quarter and it now holds 2.27% of the outstanding shares. With this there are now 45 institutions which have possession in GRCL’s shares.

Currently, the stock has been recommended as Strong Buy by 4 of the brokerage firms. Analyst ratings are often compiled into a single score from 1 to 5. The score of 1 signifies buy or strong buy, the score of 2 signifies outperform, the score of 3 means hold, and the score of 4 indicates underperform. The simple numeric range of brokerage firm referenced at the scale of 1 to 5 reads a current average recommendation of 1.50 for the stock.

Technical Analysis of Gracell Biotechnologies Inc. (NASDAQ:GRCL) stock

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