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.
In the latest session, BioAtla Inc (NASDAQ: BCAB) closed at $0.60 down -11.27% from its previous closing price of $0.68. In other words, the price has decreased by -$11.27 from its previous closing price. On the day, 2.45 million shares were traded. BCAB stock price reached its highest trading level at $0.6835 during the session, while it also had its lowest trading level at $0.6014.
Ratios:
For a deeper understanding of BioAtla Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 3.11 and its Current Ratio is at 3.11. In the meantime, Its Debt-to-Equity ratio is 0.05 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 39340788 and an Enterprise Value of -26180304. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.50 while its Price-to-Book (P/B) ratio in mrq is 1.27. Its current Enterprise Value per Revenue stands at -2.38 whereas that against EBITDA is 0.307.
Stock Price History:
The Beta on a monthly basis for BCAB is 1.15, which has changed by -0.7341176 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, BCAB has reached a high of $4.02, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of the stock is -60.06%, while the 200-Day Moving Average is calculated to be -68.63%.
Shares Statistics:
For the past three months, BCAB has traded an average of 1.10M shares per day and 2137190 over the past ten days. A total of 48.35M shares are outstanding, with a floating share count of 46.83M. Insiders hold about 19.29% of the company’s shares, while institutions hold 27.31% stake in the company. Shares short for BCAB as of 1734048000 were 3945474 with a Short Ratio of 3.59, compared to 1731628800 on 4138894. Therefore, it implies a Short% of Shares Outstanding of 3945474 and a Short% of Float of 9.120000000000001.
