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KRRO
Stock ticker: NASDAQ
AS OF
Dec 20, 04:59 PM (EDT)
Price
$43.85
Change
+$0.73 (+1.69%)
Capitalization
410.8M

KRRO Korro Bio Forecast, Technical & Fundamental Analysis

Industry Biotechnology
KRRO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I.Advisor
a Summary for KRRO with price predictions
Dec 20, 2024

KRRO sees its 50-day moving average cross bullishly above its 200-day moving average

The 50-day moving average for KRRO moved above the 200-day moving average on November 27, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.

Price Prediction Chart

Technical Analysis (Indicators)

Bullish Trend Analysis

The RSI Oscillator points to a transition from a downward trend to an upward trend -- in cases where KRRO's RSI Indicator exited the oversold zone, of 36 resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Stochastic Oscillator suggests the stock price trend may be in a reversal from a downward trend to an upward trend. of 63 cases where KRRO's Stochastic Oscillator exited the oversold zone resulted in an increase in price. Tickeron's analysis proposes that the odds of a continued upward trend are .

The Momentum Indicator moved above the 0 level on December 17, 2024. You may want to consider a long position or call options on KRRO as a result. In of 91 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .

The Moving Average Convergence Divergence (MACD) for KRRO just turned positive on December 16, 2024. Looking at past instances where KRRO's MACD turned positive, the stock continued to rise in of 39 cases over the following month. The odds of a continued upward trend are .

Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where KRRO advanced for three days, in of 276 cases, the price rose further within the following month. The odds of a continued upward trend are .

KRRO may jump back above the lower band and head toward the middle band. Traders may consider buying the stock or exploring call options.

Bearish Trend Analysis

KRRO moved below its 50-day moving average on December 03, 2024 date and that indicates a change from an upward trend to a downward trend.

The 10-day moving average for KRRO crossed bearishly below the 50-day moving average on November 26, 2024. This indicates that the trend has shifted lower and could be considered a sell signal. In of 13 past instances when the 10-day crossed below the 50-day, the stock continued to move higher over the following month. The odds of a continued downward trend are .

Following a 3-day decline, the stock is projected to fall further. Considering past instances where KRRO declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .

The Aroon Indicator for KRRO entered a downward trend on December 16, 2024. This could indicate a strong downward move is ahead for the stock. Traders may want to consider selling the stock or buying put options.

Fundamental Analysis (Ratings)

The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is fair valued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (2.277) is normal, around the industry mean (14.529). P/E Ratio (0.000) is within average values for comparable stocks, (87.563). Projected Growth (PEG Ratio) (0.000) is also within normal values, averaging (1.739). KRRO has a moderately low Dividend Yield (0.000) as compared to the industry average of (0.013). P/S Ratio (0.000) is also within normal values, averaging (255.281).

The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. KRRO’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.

The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to worse than average earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.

The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.

The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating that the returns do not compensate for the risks. KRRO’s unstable profits reported over time resulted in significant Drawdowns within these last five years. A stable profit reduces stock drawdown and volatility. The average Profit vs. Risk Rating rating for the industry is 94, placing this stock worse than average.

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KRRO
Daily Signalchanged days ago
Gain/Loss if bought
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A.I. Advisor
published Earnings

KRRO is expected to report earnings to rise 18.33% to -35 cents per share on November 20

Korro Bio KRRO Stock Earnings Reports
Q3'23
Est.
$-0.35
Q2'23
Beat
by $0.06
Q1'23
Missed
by $0.13
Q4'22
Beat
by $0.14
Q3'22
Beat
by $0.02
The last earnings report on August 10 showed earnings per share of -30 cents, beating the estimate of -36 cents. With 78.78K shares outstanding, the current market capitalization sits at 410.80M.
A.I. Advisor
published General Information

General Information

Industry Biotechnology

Profile
Fundamentals
Details
Industry
N/A
Address
One Kendall Square
Phone
+1 617 468-1999
Employees
102
Web
https://www.korrobio.com
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KRRO and Stocks

Correlation & Price change

A.I.dvisor indicates that over the last year, KRRO has been loosely correlated with PRQR. These tickers have moved in lockstep 53% of the time. This A.I.-generated data suggests there is some statistical probability that if KRRO jumps, then PRQR could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To KRRO
1D Price
Change %
KRRO100%
+1.28%
PRQR - KRRO
53%
Loosely correlated
+1.54%
WVE - KRRO
40%
Loosely correlated
+2.43%
ATNF - KRRO
36%
Loosely correlated
-4.12%
CDIO - KRRO
35%
Loosely correlated
-4.53%
HOWL - KRRO
33%
Poorly correlated
+1.27%
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