Market Resilience: BioAtla Inc (BCAB) Finishes Strong at 0.43, Up 1.25

Ulysses Smith

Seeking to outpace the market, investors engage in the art of selecting individual stocks. The right picks can play a pivotal role in boosting your wealth.

BioAtla Inc (NASDAQ: BCAB) closed the day trading at $0.43 up 1.25% from the previous closing price of $0.43. In other words, the price has increased by $1.25 from its previous closing price. On the day, 1.79 million shares were traded. BCAB stock price reached its highest trading level at $0.4729 during the session, while it also had its lowest trading level at $0.4047.

Ratios:

For a better understanding of BCAB, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.54 and its Current Ratio is at 0.54.

On September 15, 2022, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $17.JMP Securities initiated its Mkt Outperform rating on September 15, 2022, with a $17 target price.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, BCAB now has a Market Capitalization of 25309994 and an Enterprise Value of 23170994.

Stock Price History:

The Beta on a monthly basis for BCAB is 1.11, which has changed by -0.2410714 over the last 52 weeks, in comparison to a change of 0.16623151 over the same period for the S&P500. Over the past 52 weeks, BCAB has reached a high of $1.43, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is -43.86%, while the 200-Day Moving Average is calculated to be -20.89%.

Shares Statistics:

Over the past 3-months, BCAB traded about 1.73M shares per day on average, while over the past 10 days, BCAB traded about 2598730 shares per day. A total of 58.79M shares are outstanding, with a floating share count of 44.91M. Insiders hold about 23.92% of the company’s shares, while institutions hold 15.69% stake in the company. Shares short for BCAB as of 1765756800 were 4341741 with a Short Ratio of 2.51, compared to 1763078400 on 4783598. Therefore, it implies a Short% of Shares Outstanding of 4341741 and a Short% of Float of 8.37.

Earnings Estimates

The firm’s stock currently is rated by 1.0 analysts. Analysts are recommending an EPS of between -$1.08 and -$1.08 for the fiscal current year, implying an average EPS of -$1.08. EPS for the following year is -$0.92, with 1.0 analysts recommending between -$0.92 and -$0.92.

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