Cryosite Share Price and Company Fundamentals



Price
$0.75
Change
0.055 (7.914%)
52 week
0.33 - 0.87

Last traded: Today at 5:29 AM

Cryosite Limited provides outsourced clinical trials logistic services in Australia. It operates through two segments, Clinical Trials and Biological Services Logistics, and Cord Blood and Tissues Storage. The Clinical Trials and Biological Services Logistics segment provides specialist temperature-controlled storage, labelling, status management, secondary packaging, schedule drug distribution, destruction, returns management, comparator sourcing, import, export, validated transport solutions, and biological storage services to the clinical trial and research industry. The Cord Blood and Tissues Storage segment offers long term storage for cord blood and tissue samples. It serves research, medical, pharmaceutical, veterinary, and biotechnology industries. Cryosite Limited was incorporated in 1999 and is based in South Granville, Australia.

Key Metrics

PE ratio

29.45

PB ratio

26.51

Dividend yield

0.00%

Beta

0.44

Market cap

-

Enterprise value

-

Company profile

Primary activitiesThe Company provides an integrated clinical trial logistics service, biological storage and sample management service, including: the storage of cord blood stem cells for private use.
Industry / SectorDiagnostics & Research / Healthcare
Full time employees20
Websitehttps://www.cryosite.com
Mailing address13a Ferndell Street South Granville NSW 2142 Australia
Phone / Fax61 2 8865 2000 / 61 2 8865 2090
Share registryLINK MARKET SERVICES LIMITED

Dividends

More: Cryosite Dividend history, yield and payout ratio

Dividend yield

0.00%

Dividend amount

$0.00

Payout ratio

0.00%

Cryosite paid $0.00 dividend and the ex-dividend date was 14 Mar 2017.The dividend payout ratio is 0.00%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.CTE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

CTE's forward dividend amount is $ and the forward dividend yield is . A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Aug 2022, following are the company executives and directors listed on Cryosite.

NameTitleAgeTotal Pay
Mr. John HoggChief Exec. Officer332.82k
Ms. Jane HaoChief Financial Officer143.06k
Ms. Kim Bradley-Ware B.Com., CPA, L.L.B.Company Sec.

Profitability and management effectiveness

Profit margin

10.50%

Operating margin

13.56%

Return on assets

4.14%

Return on equity

179.53%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Cryosite is and its enterprise value is .

The CTE's stocks Beta value is 0.44 making it 56% less volatile compared to ASX market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Companies similar to Cryosite (CTE)

Cryosite (ASX:CTE) Frequently Asked Questions

1. What is Cryosite's Stock Symbol?

Cryosite trades on ASX under the ticker symbol "CTE".

2. What is Cryosite's stock price today?

One share of CTE stock can currently be purchased for approximately $0.75.

3. How can I contact Cryosite?

Cryosite's mailing address is 13a Ferndell Street South Granville NSW 2142 Australia. The company can be reached via phone at 61 2 8865 2000.

4. What is Cryosite's official website?

The official website of Cryosite is https://www.cryosite.com.

5. Which share registry manages Cryosite's stock?

Cryosite's stock is managed by LINK MARKET SERVICES LIMITED.