Will Cryoport, Inc. (CYRX) Short Squeeze Soon?

The stock of Cryoport, Inc. (NASDAQ:CYRX) is a huge mover today! The stock decreased 6.54% or $1.26 during the last trading session, reaching $18.02. About 300,172 shares traded. Cryoport, Inc. (NASDAQ:CYRX) has risen 45.18% since September 13, 2018 and is uptrending. It has outperformed by 45.18% the S&P500.
The move comes after 6 months negative chart setup for the $655.67M company. It was reported on Sep, 13 by Barchart.com. We have $16.94 PT which if reached, will make NASDAQ:CYRX worth $39.34M less.

Analysts await Cryoport, Inc. (NASDAQ:CYRX) to report earnings on November, 14. They expect $-0.07 earnings per share, 0.00 % or $0.00 from last year’s $-0.07 per share. After $-0.08 actual earnings per share reported by Cryoport, Inc. for the previous quarter, Wall Street now forecasts -12.50 % EPS growth.

More notable recent Cryoport, Inc. (NASDAQ:CYRX) news were published by: Seekingalpha.com which released: “Cryoport plans stock offering; shares -5.6% – Seeking Alpha” on June 19, 2019, also Seekingalpha.com with their article: “Wells sees 33% upside in Gilead in premarket analyst action – Seeking Alpha” published on July 15, 2019, Seekingalpha.com published: “CryoPort: Powerful Industry Tailwind Signals Robust Growth Ahead – Seeking Alpha” on May 08, 2019. More interesting news about Cryoport, Inc. (NASDAQ:CYRX) were released by: Prnewswire.com and their article: “Cryoport and EVERSANA Form Strategic Alliance to Accelerate Regenerative Medicine Supply Chain – PRNewswire” published on July 11, 2019 as well as Prnewswire.com‘s news article titled: “Cryoport to Host Workshop at 14th Annual World Advanced Therapies & Regenerative Medicine Congress on Wednesday, May 15th – PRNewswire” with publication date: May 09, 2019.

CryoPort, Inc. provides cryogenic logistics solutions to the life sciences industry in the United States, Europe, Asia, and internationally. The company has market cap of $655.67 million. The firm offers Cryoportal, a cloud logistics management software that automates the entry of orders, prepares customs documentation, and facilitates status and location monitoring of shipped orders while in transit; and CryoPort Express Shippers, which are cryogenic dry vapor shippers that use liquid nitrogen contained inside a vacuum insulated vessel, which serves as a refrigerant to provide stable storage temperatures. It currently has negative earnings. It also provides Cryoport Express Standard Shippers, which are re-usable dry vapor liquid nitrogen storage containers for holding the biological material in the inner chamber; CryoPort Express High Volume Shippers, which use a dry vapor liquid nitrogen technology to maintain temperatures; and Cryoport Express CXVC1 Shipper, which is in dry vapor form and based on the standard dry shipper technology, and utilizes an absorbent material to hold LN2.

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