Cabaletta Bio Inc’s stock has seen a rocky market performance. The company’s stock achieved a 1-year high of $26.35 on 02/08/24, and the lowest price during that time was $3.47, recorded on 08/08/24.
52-week price history of CABA Stock
Analyzing the 52-week price history of a stock, including its high and low prices, can provide valuable insight into its current status and potential future performance. Cabaletta Bio Inc’s current trading price is -82.09% away from its 52-week high, while its distance from the 52-week low is 35.97%. The stock’s price range for this period has remained between $3.47 and $26.35. The Healthcare sector company’s shares managed to surpass a trading volume of around 0.77 million for the day, which was noticeably lower compared to the shares’ average daily volume of 1.08 million over the last three months.
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Financial Performance and Market Capitalization
Cabaletta Bio Inc (CABA) has experienced a quarterly decline of -39.56% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 230.57M and boasts a workforce of 103 employees.
Moving average and trading volume data
Based on Barchart.com data, the company’s moving average over the 100-day period was 7.48, with a change in price of -8.02. Similarly, Cabaletta Bio Inc recorded 1,158,243 in trading volume during the last 100 days, posting a change of -62.95%.
CABA Debt-to-equity ratio analysis
The debt-to-equity (D/E) ratio is a valuable metric that offers insight into a company’s financial health and standing in the market. This ratio is calculated by dividing a company’s current total liabilities by its shareholders’ equity. The D/E ratio illustrates the extent of debt a company is utilizing to support its assets in relation to the value of its shareholders’ equity. At the time of writing, the total D/E ratio for CABA stands at 0.04. Similarly, the long-term debt-to-equity ratio is also 0.00.
CABA Stock Stochastic Average
As of today, the raw stochastic average of Cabaletta Bio Inc over the last 50 days is at 32.79%. This shows a declinee from the raw stochastic average of the previous 20 days, which was recorded at 45.05%. Further, the company’s Stochastic %K and %D values for the last 20 days were 24.54% and 14.14%, respectively.
CABA Stock Price Performance Analysis
The stock price’s performance over the year has been unpredictable, resulting in a mix of pessimistic and optimistic outlooks among investors. The metric has seen a significant loss of -79.21% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -71.94%. Over the past 30 days, the price of CABA has leaped by -18.48%. And in the last five days, it has surged by 8.01%.
