Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Carisma Therapeutics Inc (NASDAQ: CARM) closed at $0.39 in the last session, down -1.62% from day before closing price of $0.39. In other words, the price has decreased by -$1.62 from its previous closing price. On the day, 0.53 million shares were traded. CARM stock price reached its highest trading level at $0.39 during the session, while it also had its lowest trading level at $0.36.
Ratios:
We take a closer look at CARM’s different ratios to gain a better understanding of the stock. For the most recent quarter (mrq), Quick Ratio is recorded 1.34 and its Current Ratio is at 1.34.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Robert W. Baird on December 12, 2024, Downgraded its rating to Neutral and sets its target price to $1 from $10 previously.
On April 11, 2024, BTIG Research started tracking the stock assigning a Buy rating and target price of $6.BTIG Research initiated its Buy rating on April 11, 2024, with a $6 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, CARM now has a Market Capitalization of 16213783 and an Enterprise Value of 9953781. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.81. Its current Enterprise Value per Revenue stands at 0.499 whereas that against EBITDA is -0.209.
Stock Price History:
The Beta on a monthly basis for CARM is 1.86, which has changed by -0.6535714 over the last 52 weeks, in comparison to a change of 0.16932249 over the same period for the S&P500. Over the past 52 weeks, CARM has reached a high of $1.27, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 9.99%, while the 200-Day Moving Average is calculated to be -21.90%.
Shares Statistics:
According to the various share statistics, CARM traded on average about 14.36M shares per day over the past 3-months and 781530 shares per day over the past 10 days. A total of 41.79M shares are outstanding, with a floating share count of 21.12M. Insiders hold about 49.46% of the company’s shares, while institutions hold 8.14% stake in the company. Shares short for CARM as of 1752537600 were 576389 with a Short Ratio of 0.04, compared to 1749772800 on 3104821. Therefore, it implies a Short% of Shares Outstanding of 576389 and a Short% of Float of 1.59.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
