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The closing price of Carisma Therapeutics Inc (NASDAQ: CARM) was $0.44 for the day, down -3.46% from the previous closing price of $0.46. In other words, the price has decreased by -$3.46 from its previous closing price. On the day, 0.16 million shares were traded. CARM stock price reached its highest trading level at $0.4769 during the session, while it also had its lowest trading level at $0.44.
Ratios:
Our analysis of CARM’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 3.23 and its Current Ratio is at 3.23.
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 18399268 and an Enterprise Value of -6412727. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.91. Its current Enterprise Value per Revenue stands at -0.316 whereas that against EBITDA is 0.101.
Stock Price History:
The Beta on a monthly basis for CARM is 1.60, which has changed by -0.82 over the last 52 weeks, in comparison to a change of 0.23631513 over the same period for the S&P500. Over the past 52 weeks, CARM has reached a high of $2.77, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is -34.60%, while the 200-Day Moving Average is calculated to be -59.41%.
Shares Statistics:
CARM traded an average of 263.32K shares per day over the past three months and 237190 shares per day over the past ten days. A total of 41.75M shares are outstanding, with a floating share count of 21.84M. Insiders hold about 47.70% of the company’s shares, while institutions hold 11.17% stake in the company. Shares short for CARM as of 1735603200 were 537683 with a Short Ratio of 2.04, compared to 1732838400 on 554174. Therefore, it implies a Short% of Shares Outstanding of 537683 and a Short% of Float of 1.6099999999999999.
