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 -87.11% away from its 52-week high, while its distance from the 52-week low is 76.52%. The stock’s price range over this period has fluctuated between $0.99 and $13.50. The company, operating within the financial sector, had a trading volume of approximately 6.23 million for the day, which was noticeably higher than the average daily share volume of 1.42 million over the last 3 months.
Cabaletta Bio Inc experienced a rather shaky stock market performance.
Exploring Financial Performance and Market Capitalization: A Comprehensive Analysis
Cabaletta Bio Inc (CABA) has experienced a quarterly decline of -8.90% in its revenues when compared to the same period in the previous year. Presently, the company has a total market capitalization of 88.30M and boasts a workforce of 161 employees.
Analyzing Trading Volume and Moving Average Trends
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 0.24. Similarly, the long-term debt-to-equity ratio is also 0.08.
CABA Stock Price Performance Analysis
Investors’ outlook regarding the stock price performance over the year has been a mixed bag, with a range of optimism to pessimism depending on their perspective. The metric has seen a significant loss of -23.35% since the start of this calendar year. Looking back over the last six months, we can see a stronger performance of -47.19%. Over the past 30 days, the price of CABA has fallen by 34.88%. And in the last five days, it has fallen by -21.27%.
