Cabaletta Bio Inc (NASDAQ: CABA): How Can A Stock Be Down -38.46% Year To Date, But Still Loser

NOVA

Cabaletta Bio Inc (NASDAQ:CABA)’s traded shares stood at 1.15 million during the last session, with the company’s beta value hitting 2.43. At the close of trading, the stock’s price was $13.97, to imply a decrease of -7.79% or -$1.18 in intraday trading. The CABA share’s 52-week high remains $26.35, putting it -88.62% down since that peak but still an impressive 44.95% since price per share fell to its 52-week low of $7.69. The company has a valuation of $598.61M, with an average of 953.16K shares over the past 3 months.

Cabaletta Bio Inc (NASDAQ:CABA) trade information

After registering a -7.79% downside in the last session, Cabaletta Bio Inc (CABA) has traded red over the past five days. The stock hit a weekly high of 18.44, dropping -7.79% in its intraday price action. The 5-day price performance for the stock is -22.00%, and -22.39% over 30 days. With these gigs, the year-to-date price performance is -38.46%.

Cabaletta Bio Inc (CABA) estimates and forecasts

Looking at statistics comparing Cabaletta Bio Inc share performance against respective industry, we note that the company has underperformed competitors. Cabaletta Bio Inc (CABA) shares are -4.45% down over the last 6 months, with its year-to-date growth rate lower than industry average at -10.30% against 13.10%.

CABA Dividends

Cabaletta Bio Inc has its next earnings report out in May. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Cabaletta Bio Inc has a forward dividend ratio of 0, with the share yield ticking at 0.00% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 0.00%.