Cabaletta Bio Inc (NASDAQ: CABA) kicked off on Monday, down -3.90% from the previous trading day, before settling in for the closing price of $2.82. Over the past 52 weeks, CABA has traded in a range of $1.76-$26.35.
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While this was happening, its average annual earnings per share was recorded -40.17%. With a float of $41.37 million, this company’s outstanding shares have now reached $48.85 million.
The extent of productivity of a business whose workforce counts for 103 workers is very important to gauge. In terms of profitability, gross margin is 71.2%, operating margin of -2855.41%, and the pretax margin is -2597.61%.
Cabaletta Bio Inc (CABA) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Biotechnology Industry. The insider ownership of Cabaletta Bio Inc is 15.36%, while institutional ownership is 75.15%. 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
According to the Wall Street analysts, stocks earnings will be around -40.17% per share during the next fiscal year.
Cabaletta Bio Inc (NASDAQ: CABA) Trading Performance Indicators
Take a look at Cabaletta Bio Inc’s (CABA) current performance indicators. Last quarter, stock had a quick ratio of 8.11.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.16, a number that is poised to hit -0.64 in the next quarter and is forecasted to reach -2.62 in one year’s time.
Technical Analysis of Cabaletta Bio Inc (CABA)
The latest stats from [Cabaletta Bio Inc, CABA] show that its last 5-days average volume of 1.89 million was superior to 1.42 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 5.91%. Additionally, its Average True Range was 0.45.
During the past 100 days, Cabaletta Bio Inc’s (CABA) raw stochastic average was set at 17.24%, which indicates a significant increase from 10.71% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 169.30% in the past 14 days, which was higher than the 135.03% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $3.66, while its 200-day Moving Average is $8.55. Now, the first resistance to watch is $2.79. This is followed by the second major resistance level at $2.88. The third major resistance level sits at $2.95. If the price goes on to break the first support level at $2.63, it is likely to go to the next support level at $2.56. The third support level lies at $2.47 if the price breaches the second support level.
Cabaletta Bio Inc (NASDAQ: CABA) Key Stats
The company with the Market Capitalisation of 132.46 million has total of 48,877K Shares Outstanding. Its annual sales at the moment are 0 K in contrast with the sum of -67,680 K annual income. Company’s last quarter sales were recorded 0 K and last quarter income was -30,630 K.
