An investigation into Catalyst Biosciences Inc. (NASDAQ:CBIO)’s technical aspects

The price of Catalyst Biosciences Inc. (NASDAQ: CBIO) closed at $0.28 in the last session, down -2.23% from day before closing price of $0.29. In other words, the price has decreased by -$0.0065 from its previous closing price. On the day, 969946 shares were traded. CBIO stock price reached its highest trading level at $0.3080 during the session, while it also had its lowest trading level at $0.2715.

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We take a closer look at CBIO’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 18.40 and its Current Ratio is at 18.40. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.

Upgrades & Downgrades

On February 10, 2021, Piper Sandler started tracking the stock assigning a Overweight rating and target price of $15.

On May 21, 2020, Raymond James started tracking the stock assigning a Outperform rating and target price of $20.Raymond James initiated its Outperform rating on May 21, 2020, with a $20 target price.

Valuation Measures:

As of this moment, Catalyst’s Price-to-Earnings (P/E) ratio for their current fiscal year is 0.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.52 while its Price-to-Book (P/B) ratio in mrq is 0.31.

Stock Price History:

Over the past 52 weeks, CBIO has reached a high of $0.40, while it has fallen to a 52-week low of $0.06. The 50-Day Moving Average of the stock is 0.4596, while the 200-Day Moving Average is calculated to be 0.4378.

Shares Statistics:

According to the various share statistics, CBIO traded on average about 1.07M shares per day over the past 3-months and 805.15k shares per day over the past 10 days. A total of 31.48M shares are outstanding, with a floating share count of 27.91M. Insiders hold about 0.10% of the company’s shares, while institutions hold 25.00% stake in the company. Shares short for CBIO as of Oct 13, 2022 were 531.45k with a Short Ratio of 0.43M, compared to 1.4M on Sep 14, 2022. Therefore, it implies a Short% of Shares Outstanding of 1.69% and a Short% of Float of 1.70%.

Dividends & Splits

The current Payout Ratio is 0.00% for CBIO, which recently paid a dividend on Jan 11, 2023 with an ex-dividend date of Sep 20, 2022. Stock splits for the company last occurred on Feb 12, 2017 when the company split stock in a 1:15 ratio.

Earnings Estimates

The company has 1 analysts who recommend its stock at the moment. On average, analysts expect EPS of -$0.1 for the current quarter, with a high estimate of -$0.1 and a low estimate of -$0.1, while EPS last year was -$0.8. The consensus estimate for the next quarter is -$0.08, with high estimates of -$0.08 and low estimates of -$0.08.

Analysts are recommending an EPS of between $1 and $1 for the fiscal current year, implying an average EPS of $1. EPS for the following year is -$0.32, with 1 analysts recommending between -$0.32 and -$0.32.

Revenue Estimates

A total of 1 analysts have provided revenue estimates for CBIO’s current fiscal year. The highest revenue estimate was $790k, while the lowest revenue estimate was $790k, resulting in an average revenue estimate of $790k. In the same quarter a year ago, actual revenue was $7.34M, down -89.20% from the average estimate.