Cara Therapeutics Inc experienced a somewhat shaky performance in the stock market. The company’s stock reached a 1-year high of $1.32 on 12/15/23, while the lowest price for the same period was registered at $0.24 on 06/20/24.
52-week price history of CARA Stock
Studying a stock’s 52-week price history, which includes both low and high prices, can help gauge its current status and potential future performance. Cara Therapeutics Inc’s current trading price is -73.86% away from its 52-week high, while its distance from the 52-week low is 43.75%. The stock’s price range during the 52-week period has remained between $0.24 and $1.32. In the Healthcare sector, the company’s shares saw a trading volume of around 1.09 million for the day, which was evidently higher than the average daily volume of 0.4 million over the past three months.
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Market Capitalization and Financial Performance: An In-Depth Look
Cara Therapeutics Inc (CARA) has experienced a quarterly decline of -0.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 18.92M and boasts a workforce of 55 employees.
Making Sense of Trading Volume and Moving Average Data
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.3084, with a change in price of +0.0829. Similarly, Cara Therapeutics Inc recorded 653,242 in trading volume during the last 100 days, posting a change of +32.56%.
Examining CARA’s Debt-to-Equity Ratio: What You Need to Know
The debt-to-equity (D/E) ratio is a crucial measure that sheds light on a company’s financial health and market standing. It is determined by dividing a company’s overall liabilities by its shareholders’ equity, showing the extent of a company’s debt usage in financing its assets compared to the shareholders’ equity. At the time of writing, the total D/E ratio for CARA stands at 4.07. Similarly, the long-term debt-to-equity ratio is also 4.05.
CARA Stock Stochastic Average
Cara Therapeutics Inc’s raw stochastic average for the past 50 days is presently 80.43%, as of today. This marks a decrease from the raw stochastic average of the last 20 days, which was 95.35%. Additionally, the company’s Stochastic %K and %D values for the past 20 days were 78.26% and 70.00%, respectively.
CARA Stock Price Performance Analysis
A mixed performance in the stock price over the year has left investors unsure of what to expect, resulting in a range of outlooks from optimistic to pessimistic. The metric has seen a significant loss of -53.57% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -54.61%. Over the past 30 days, the price of CARA has fallen by 32.85%. And in the last five days, it has surged by 11.15%.
