On Tuesday, Cabaletta Bio Inc (NASDAQ: CABA) was -4.92% drop from the session before, before settling in for the closing price of $2.44. A 52-week range for CABA has been $0.99 – $5.46.
It was noted that within the last five years, the titan of the Healthcare sector saw sales slided by -20.35%. When this article was written, the company’s average yearly earnings per share was at 0.57%. With a float of $76.21 million, this company’s outstanding shares have now reached $91.45 million.
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 16.67%, while institutional ownership is 68.29%.
Cabaletta Bio Inc (CABA) Latest Financial update
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted -0.62 earnings per share (EPS) during the time that was less than consensus figure (set at -0.61) by -0.01. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.47 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 0.57% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 11.84% during the next five years compared to -20.35% drop over the previous five years of trading.
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 4.78. For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.71, a number that is poised to hit -0.48 in the next quarter and is forecasted to reach -1.77 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 2.02 million was superior to 1.63 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 56.46%.
During the past 100 days, Cabaletta Bio Inc’s (CABA) raw stochastic average was set at 79.70%, which indicates a significant increase from 59.39% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.21 in the past 14 days, which was higher than the 0.15 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $1.81, while its 200-day Moving Average is $1.84. Now, the first resistance to watch is $2.42. This is followed by the second major resistance level at $2.52. The third major resistance level sits at $2.57. If the price goes on to break the first support level at $2.26, it is likely to go to the next support level at $2.21. The third support level lies at $2.11 if the price breaches the second support level.
Cabaletta Bio Inc (NASDAQ: CABA) Key Stats
There are 91,465K outstanding shares of the company, which has a market capitalization of 212.20 million. As of now, sales total 0 K while income totals -115,860 K. Its latest quarter income was 0 K while its last quarter net income were -45,130 K.
