In the quest to outshine the broader market, stock pickers diligently seek out stocks with the potential for superior performance. Making the right choices can significantly elevate your wealth.
The price of BioAtla Inc (NASDAQ: BCAB) closed at $0.49 in the last session, up 1.46% from day before closing price of $0.49. In other words, the price has increased by $1.46 from its previous closing price. On the day, 0.37 million shares were traded. BCAB stock price reached its highest trading level at $0.5 during the session, while it also had its lowest trading level at $0.4775.
Ratios:
We take a closer look at BCAB’s different ratios to gain a better understanding of the stock. 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 28606178 and an Enterprise Value of -31430632. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.60 while its Price-to-Book (P/B) ratio in mrq is 1.04. Its current Enterprise Value per Revenue stands at -2.857 whereas that against EBITDA is 0.369.
Stock Price History:
The Beta on a monthly basis for BCAB is 1.16, which has changed by -0.7535 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, BCAB has reached a high of $4.02, while it has fallen to a 52-week low of $0.45. The 50-Day Moving Average of the stock is -61.15%, while the 200-Day Moving Average is calculated to be -72.89%.
Shares Statistics:
According to the various share statistics, BCAB traded on average about 1.14M shares per day over the past 3-months and 1421910 shares per day over the past 10 days. A total of 58.02M shares are outstanding, with a floating share count of 48.70M. Insiders hold about 16.07% of the company’s shares, while institutions hold 27.41% stake in the company. Shares short for BCAB as of 1735603200 were 4395572 with a Short Ratio of 3.87, compared to 1732838400 on 3982735. Therefore, it implies a Short% of Shares Outstanding of 4395572 and a Short% of Float of 8.3000004.