In the journey to outperform the market, investors delve into the art of stock selection. Choosing the right stocks can be a powerful driver for wealth accumulation.
The closing price of BioAtla Inc (NASDAQ: BCAB) was $0.39 for the day, down -4.15% from the previous closing price of $0.41. In other words, the price has decreased by -$4.15 from its previous closing price. On the day, 0.15 million shares were traded. BCAB stock price reached its highest trading level at $0.42 during the session, while it also had its lowest trading level at $0.3863.
Ratios:
Our analysis of BCAB’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 2.35 and its Current Ratio is at 2.35. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On September 15, 2022, JMP Securities started tracking the stock assigning a Mkt Outperform rating and target price of $17.
Credit Suisse Downgraded its Outperform to Neutral on May 05, 2022, whereas the target price for the stock was revised from $35 to $5.
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 22783058 and an Enterprise Value of -9025925. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.07 while its Price-to-Book (P/B) ratio in mrq is 41.62. Its current Enterprise Value per Revenue stands at -0.821 whereas that against EBITDA is 0.136.
Stock Price History:
The Beta on a monthly basis for BCAB is 0.93, which has changed by -0.76785713 over the last 52 weeks, in comparison to a change of 0.09362543 over the same period for the S&P500. Over the past 52 weeks, BCAB has reached a high of $2.53, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 1.42%, while the 200-Day Moving Average is calculated to be -63.48%.
Shares Statistics:
BCAB traded an average of 625.80K shares per day over the past three months and 379340 shares per day over the past ten days. A total of 58.40M shares are outstanding, with a floating share count of 44.58M. Insiders hold about 22.31% of the company’s shares, while institutions hold 26.76% stake in the company. Shares short for BCAB as of 1745971200 were 4297685 with a Short Ratio of 6.87, compared to 1743379200 on 4329921. Therefore, it implies a Short% of Shares Outstanding of 4297685 and a Short% of Float of 8.25.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
