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In other words, the price has increased by $0.00 from its previous closing price. On the day, 0.74 million shares were traded. CABA stock price reached its highest trading level at $2.2 during the session, while it also had its lowest trading level at $2.1285.
Ratios:
Our analysis of CABA’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.60 and its Current Ratio is at 3.60. In the meantime, Its Debt-to-Equity ratio is 0.18 whereas as Long-Term Debt/Eq ratio is at 0.03.
On December 20, 2024, Evercore ISI Downgraded its rating to In-line which previously was Outperform and also lowered its target price recommendation from $15 to $6. Wells Fargo Downgraded its Overweight to Equal Weight on December 19, 2024, whereas the target price for the stock was revised from $12 to $6.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CABA now has a Market Capitalization of 210820800 and an Enterprise Value of 76669800.
Stock Price History:
The Beta on a monthly basis for CABA is 3.23, which has changed by -0.022321403 over the last 52 weeks, in comparison to a change of 0.17318606 over the same period for the S&P500. Over the past 52 weeks, CABA has reached a high of $3.67, while it has fallen to a 52-week low of $0.99. The 50-Day Moving Average of the stock is -11.75%, while the 200-Day Moving Average is calculated to be 15.18%.
Shares Statistics:
CABA traded an average of 4.01M shares per day over the past three months and 1679280 shares per day over the past ten days. A total of 96.27M shares are outstanding, with a floating share count of 84.43M. Insiders hold about 12.29% of the company’s shares, while institutions hold 64.50% stake in the company. Shares short for CABA as of 1765756800 were 18948919 with a Short Ratio of 4.72, compared to 1763078400 on 16196450. Therefore, it implies a Short% of Shares Outstanding of 18948919 and a Short% of Float of 20.02.
Earnings Estimates
The market rating for Cabaletta Bio Inc (CABA) is a result of the insights provided by 5.0 analysts actively involved in the assessment.The consensus estimate for the next quarter is -$0.44, with high estimates of -$0.36 and low estimates of -$0.48.
Analysts are recommending an EPS of between -$1.49 and -$2.46 for the fiscal current year, implying an average EPS of -$2.1. EPS for the following year is -$1.68, with 5.0 analysts recommending between -$1.17 and -$1.91.
