Investigating a stock’s 52-week price history, covering the range of low and high prices, can provide significant information about its present state and future potential. Carisma Therapeutics Inc’s current trading price is -87.19% away from its 52-week high, while its distance from the 52-week low is -11.05%. The stock’s price range during this period has varied between $0.46 and $3.16. The company, active in the Healthcare sector, saw a trading volume of around 0.58 million for the day, considerably higher average daily volume of 0.17 million observed over the last three months.
Carisma Therapeutics Inc’s stock has had a tumultuous market performance. The 1-year high for the company’s stock was $3.16 on 12/26/23, and the lowest price during the same period was recorded at $0.46 on 12/13/24.
How Financial Performance Impacts Market Capitalization
Carisma Therapeutics Inc (CARM) has experienced a quarterly decline of -59.92% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 14.11M and boasts a workforce of 107 employees.
The Role of Moving Averages and Trading Volume in Technical Analysis
Based on Barchart.com data, the company’s moving average over the 100-day period was 0.9642, with a change in price of -0.6752. Similarly, Carisma Therapeutics Inc recorded 184,657 in trading volume during the last 100 days, posting a change of -62.52%.
CARM Stock Stochastic Average
As of today, the raw stochastic average of Carisma Therapeutics Inc over the past 50 days is 0.55%. This is a decrease compared to the raw stochastic average of the last 20 days, which was recorded at 0.74%. Additionally, the Stochastic %K and %D values for the company were 2.12% and 4.91%, respectively, over the past 20 days.
CARM Stock Price Performance Analysis
The stock price performance over the year has been a mixed bag, resulting in a range of outlooks from optimistic to pessimistic depending on the observer. The index has shown a price loss of -86.18% this year. Over the last six months, there has been a stronger performance of -64.49%. The price of CARM leaped by -58.41% during the last 30 days period. For the last 5-days stocks have slided -49.32%.
