Beyond market trends, investors looking for superior returns explore the world of stock picking. The right selections can be a powerful driver for wealth accumulation.
In the latest session, Carisma Therapeutics Inc (NASDAQ: CARM) closed at $0.40 up 2.84% from its previous closing price of $0.39. In other words, the price has increased by $2.84 from its previous closing price. On the day, 0.44 million shares were traded. CARM stock price reached its highest trading level at $0.4075 during the session, while it also had its lowest trading level at $0.38.
Ratios:
For a deeper understanding of Carisma Therapeutics Inc’s stock, let’s take a closer look at its various ratios. 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 16658289 and an Enterprise Value of -7364629. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82. Its current Enterprise Value per Revenue stands at -0.363 whereas that against EBITDA is 0.116.
Stock Price History:
Over the past 52 weeks, CARM has reached a high of $3.16, while it has fallen to a 52-week low of $0.38. The 50-Day Moving Average of the stock is -52.05%, while the 200-Day Moving Average is calculated to be -67.50%.
Shares Statistics:
For the past three months, CARM has traded an average of 214.67K shares per day and 572130 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 11.18% stake in the company. Shares short for CARM as of 1732838400 were 554174 with a Short Ratio of 2.58, compared to 1730332800 on 857538. Therefore, it implies a Short% of Shares Outstanding of 554174 and a Short% of Float of 1.66.
