On Monday, Cabaletta Bio Inc (NASDAQ: CABA) was 7.82% up from the session before settling in for the closing price of $3.71. A 52-week range for CABA has been $3.47 – $26.35.
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When this article was written, the company’s average yearly earnings per share was at -35.79%. With a float of $41.14 million, this company’s outstanding shares have now reached $47.82 million.
In an organization with 103 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 62.34%, operating margin of -2496.86%, and the pretax margin is -2243.97%.
Cabaletta Bio Inc (CABA) Insider and Institutional Ownership
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Cabaletta Bio Inc stocks. The insider ownership of Cabaletta Bio Inc is 15.78%, while institutional ownership is 94.77%. The most recent insider transaction that took place on Jan 19 ’24, was worth 215,439. In this transaction an insider of this company sold 11,000 shares at a rate of $19.59, taking the stock ownership to the 20,000 shares. Before that another transaction happened on Dec 19 ’23, when Company’s insider sold 11,000 for $21.89, making the entire transaction worth $240,789. This insider now owns 20,000 shares in total.
Cabaletta Bio Inc (CABA) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 6/30/2024, it has been observed that the corporation posted -0.37 earnings per share (EPS) during the time that was better than consensus figure (set at -0.4) by 0.03. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.59 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -35.79% per share during the next fiscal year.
Cabaletta Bio Inc (NASDAQ: CABA) Trading Performance Indicators
You can see what Cabaletta Bio Inc (CABA) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 11.52.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -1.91, a number that is poised to hit -0.60 in the next quarter and is forecasted to reach -2.41 in one year’s time.
Technical Analysis of Cabaletta Bio Inc (CABA)
Let’s dig in a bit further. During the last 5-days, its volume was 1.03 million. That was inferior than the volume of 1.09 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 26.48%. Additionally, its Average True Range was 0.37.
During the past 100 days, Cabaletta Bio Inc’s (CABA) raw stochastic average was set at 5.27%, which indicates a significant decrease from 34.93% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 92.33% in the past 14 days, which was lower than the 110.70% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $4.44, while its 200-day Moving Average is $11.37. However, in the short run, Cabaletta Bio Inc’s stock first resistance to watch stands at $4.17. Second resistance stands at $4.33. The third major resistance level sits at $4.58. If the price goes on to break the first support level at $3.75, it is likely to go to the next support level at $3.50. The third support level lies at $3.33 if the price breaches the second support level.
Cabaletta Bio Inc (NASDAQ: CABA) Key Stats
There are 48,849K outstanding shares of the company, which has a market capitalization of 204.20 million. As of now, sales total 0 K while income totals -67,680 K. Its latest quarter income was 0 K while its last quarter net income were -27,600 K.
