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As of close of business last night, Cara Therapeutics Inc’s stock clocked out at $0.32, down -4.96% from its previous closing price of $0.34. In other words, the price has decreased by -$4.96 from its previous closing price. On the day, 0.64 million shares were traded. CARA stock price reached its highest trading level at $0.3449 during the session, while it also had its lowest trading level at $0.324.
Ratios:
To gain a deeper understanding of CARA’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 4.48 and its Current Ratio is at 4.59. In the meantime, Its Debt-to-Equity ratio is 4.07 whereas as Long-Term Debt/Eq ratio is at 4.05.
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, Stifel on June 13, 2024, Downgraded its rating to Hold and sets its target price to $1 from $6 previously.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 04 ’24 when Posner Christopher sold 3,668 shares for $0.29 per share. The transaction valued at 1,064 led to the insider holds 168,768 shares of the business.
Posner Christopher sold 4,149 shares of CARA for $1,452 on Aug 01 ’24. The PRESIDENT AND CEO now owns 172,436 shares after completing the transaction at $0.35 per share. On May 02 ’24, another insider, Posner Christopher, who serves as the PRESIDENT AND CEO of the company, sold 3,936 shares for $0.75 each. As a result, the insider received 2,952 and left with 176,585 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CARA now has a Market Capitalization of 17775782 and an Enterprise Value of 8321795. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 1.53. Its current Enterprise Value per Revenue stands at 0.757 whereas that against EBITDA is -0.079.
Stock Price History:
Over the past 52 weeks, CARA has reached a high of $1.31, while it has fallen to a 52-week low of $0.24. The 50-Day Moving Average of the stock is 13.20%, while the 200-Day Moving Average is calculated to be -37.43%.
Shares Statistics:
It appears that CARA traded 480.63K shares on average per day over the past three months and 1299100 shares per day over the past ten days. A total of 54.48M shares are outstanding, with a floating share count of 45.76M. Insiders hold about 16.56% of the company’s shares, while institutions hold 30.91% stake in the company. Shares short for CARA as of 1730332800 were 942535 with a Short Ratio of 1.96, compared to 1727654400 on 832171. Therefore, it implies a Short% of Shares Outstanding of 942535 and a Short% of Float of 2.0.
