Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
The closing price of Carisma Therapeutics Inc (NASDAQ: CARM) was $0.4 for the day, down -1.43% from the previous closing price of $0.41. In other words, the price has decreased by -$1.43 from its previous closing price. On the day, 0.84 million shares were traded. CARM stock price reached its highest trading level at $0.4399 during the session, while it also had its lowest trading level at $0.4006.
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 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 16740312 and an Enterprise Value of 10480311. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.84. Its current Enterprise Value per Revenue stands at 0.525 whereas that against EBITDA is -0.22.
Stock Price History:
The Beta on a monthly basis for CARM is 1.92, which has changed by -0.75988024 over the last 52 weeks, in comparison to a change of 0.12748289 over the same period for the S&P500. Over the past 52 weeks, CARM has reached a high of $1.90, while it has fallen to a 52-week low of $0.14. The 50-Day Moving Average of the stock is 43.30%, while the 200-Day Moving Average is calculated to be -27.41%.
Shares Statistics:
CARM traded an average of 13.99M shares per day over the past three months and 4598420 shares per day over the past ten 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 8.10% stake in the company. Shares short for CARM as of 1749772800 were 3104821 with a Short Ratio of 0.22, compared to 1747267200 on 841044. Therefore, it implies a Short% of Shares Outstanding of 3104821 and a Short% of Float of 8.459999999999999.
Dividends & Splits
Against a Trailing Annual Dividend Yield of 0.0
