Examining a stock’s 52-week price history, encompassing its low and high prices, can reveal much about its existing condition and potential future trajectory. Cabaletta Bio Inc’s current trading price is -90.78% away from its 52-week high, while its distance from the 52-week low is 38.07%. The stock’s price range over this period has fluctuated between $1.76 and $26.35. The company, operating within the financial sector, had a trading volume of approximately 1.53 million for the day, which was noticeably lower than the average daily share volume of 2.49 million over the last 3 months.
Cabaletta Bio Inc’s market performance has been unstable in recent times. The company’s stock hit a 1-year high of $26.35 on 02/08/24 and a low of $1.76 for the same time frame on 11/21/24.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cabaletta Bio Inc (CABA) has experienced a quarterly decline of -43.88% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 118.77M and boasts a workforce of 103 employees.
Analyzing Trading Volume and Moving Average Trends
Based on Barchart.com data, the company’s moving average over the 100-day period was 3.71, with a change in price of -3.37. Similarly, Cabaletta Bio Inc recorded 1,879,864 in trading volume during the last 100 days, posting a change of -58.10%.
Understanding Ticker ‘s Debt-to-Equity Ratio: An Analysis
The debt-to-equity (D/E) ratio serves as an important indicator of a company’s financial stability and market position. By dividing a company’s total liabilities by its shareholders’ equity, the D/E ratio reveals the degree to which a company relies on debt to finance assets compared to its shareholders’ equity. At the time of writing, the total D/E ratio for CABA stands at 0.09. Similarly, the long-term debt-to-equity ratio is also 0.04.
CABA Stock Stochastic Average
Today’s raw stochastic average for Cabaletta Bio Inc over the last 50 days is 18.11%.This indicates a decrease from the raw stochastic average of the past 20 days, which was 52.15%. Moreover, the company’s Stochastic %K and %D values for the last 20 days were 35.30% and 24.98%, respectively.
CABA 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 metric has seen a significant gain of 7.05% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -67.86%. Over the past 30 days, the price of CABA has leaped by -13.83%. And in the last five days, it has surged by 4.74%.
