A new trading day began on Monday, with Cabaletta Bio Inc (NASDAQ: CABA) stock price up 10.58% from the previous day of trading, before settling in for the closing price of $2.08. CABA’s price has ranged from $0.99 to $5.46 over the past 52 weeks.
During the last 5-year period, the sales drop of Healthcare Sector giant was -20.35%. Meanwhile, its annual earnings per share averaged 5.74%. With a float of $84.43 million, this company’s outstanding shares have now reached $96.27 million.
Cabaletta Bio Inc (CABA) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Biotechnology Industry. The insider ownership of Cabaletta Bio Inc is 12.29%, while institutional ownership is 64.75%.
Cabaletta Bio Inc (CABA) Recent Fiscal highlights
In its latest quarterly report, released on 12/31/2024, the company reported earnings of -0.65 per share, which was $0.1 lower than the consensus estimate of $0.26. In terms of return on equity, this company recorded -19.55% in contrast with 50.0% return on Investment (trailing twelve months). Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.43 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.74% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.99% 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
Here are Cabaletta Bio Inc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 3.60.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -2.53, a number that is poised to hit -0.46 in the next quarter and is forecasted to reach -1.79 in one year’s time.
Technical Analysis of Cabaletta Bio Inc (CABA)
Looking closely at Cabaletta Bio Inc (NASDAQ: CABA), its last 5-days average volume was 2.45 million, which is a jump from its year-to-date volume of 2.25 million. As of the previous 9 days, the stock’s Stochastic %D was 22.32%.
During the past 100 days, Cabaletta Bio Inc’s (CABA) raw stochastic average was set at 43.15%, which indicates a significant increase from 40.28% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.22 in the past 14 days, which was higher than the 0.20 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $2.49, while its 200-day Moving Average is $1.87. However, in the short run, Cabaletta Bio Inc’s stock first resistance to watch stands at $2.38. Second resistance stands at $2.47. The third major resistance level sits at $2.62. If the price goes on to break the first support level at $2.14, it is likely to go to the next support level at $1.99. Now, if the price goes above the second support level, the third support stands at $1.90.
Cabaletta Bio Inc (NASDAQ: CABA) Key Stats
With a market capitalization of 221.41 million, the company has a total of 96,265K Shares Outstanding. Currently, annual sales are 0 K while annual income is -115,860 K. The company’s previous quarter sales were 0 K while its latest quarter income was -44,870 K.
