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Inflation Report

CRISPR Therapeutics AG

Sep 22, 2023

CRSP
Investment Type
Mid - Cap
Risk Level
Action
Rec. Price ()

Section 1: Company Fundamentals

1.1 Company Overview and Performance summary

Company Overview:

CRISPR Therapeutics AG (NASDAQ: CRSP) is a Switzerland-based gene editing company focused on the development of CRISPR/Cas9-based therapeutics. CRISPR/Cas9 stands for Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR)/CRISPR-associated protein 9 (Cas9) and is a technology for gene editing, the process of precisely altering specific sequences of genomic DNA. The Company aims to apply this technology to disrupt, delete, correct, and insert genes to treat genetically defined diseases and to engineer advanced cellular therapies.

This US Inflation Report covers the Company Overview & Price performance, Summary table, Key positives & negatives, Key metrics, Underlying commodities analysis, Company details, technical guidance & Stock recommendation, and Price chart.

Price Performance:

  • CRSP's share price has corrected by 19.11% in the past three months. Moreover, in the long term, the stock has corrected by 30.89% over the past year.
  • The stock is currently trading near to the lower end of its 52-week range of USD 00 and 52-week low price of USD 38.94, with the expectations of an upside movement from the current levels.
  • The price is currently below its short-term (50-day) SMA and long-term (200-day) SMA, with the current RSI of around 35.46.

1.2 Summary Table

1.3 The Key Positives, Negatives & Investment Summary

Section 2: CRISPR Therapeutics AG (“Buy” at closing market price of USD 46.06, as of September 21, 2023)

2.1 Company Details

2.2 Valuation and Technical Guidance

Markets are trading in a highly volatile zone currently due to certain macroeconomic issues and geopolitical tensions prevailing. Therefore, it is prudent to follow a cautious approach while investing.

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is September 21, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Note 4: The report publishing date is as per the Pacific Time Zone.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest. Support 1 refers to the nearby support level for the stock and if the price breaches the level, then Support 2 may act as the crucial support level for the stock.

 Resistance: A level at which the stock prices tend to find resistance when they are rising, and an uptrend may take a pause due to profit booking or selling interest. Resistance 1 refers to the nearby resistance level for the stock and if the price surpasses the level, then Resistance 2 may act as the crucial resistance level for the stock.

 Stop-loss: It is a level to protect against further losses in case of unfavorable movement in the stock prices.


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