Cara Therapeutics Inc (NASDAQ: CARA) Is Currently -607.58 Percent Below Its 52-Week High, But It Still Offers Strong Upside Potential.

Cara Therapeutics Inc (NASDAQ:CARA)’s traded shares stood at 0.35 million during the last session, with the company’s beta value hitting 0.76. At the close of trading, the stock’s price was $0.66, to imply a decrease of -4.20% or -$0.03 in intraday trading. The CARA share’s 52-week high remains $4.67, putting it -607.58% down since that peak but still an impressive 24.24% since price per share fell to its 52-week low of $0.50. The company has a valuation of $36.13M, with an average of 655.74K shares over the past 3 months.

Cara Therapeutics Inc (NASDAQ:CARA) trade information

After registering a -4.20% downside in the last session, Cara Therapeutics Inc (CARA) has traded red over the past five days. The stock hit a weekly high of 0.7839, dropping -4.20% in its intraday price action. The 5-day price performance for the stock is -13.49%, and -26.78% over 30 days. With these gigs, the year-to-date price performance is -11.04%.

Cara Therapeutics Inc (CARA) estimates and forecasts

Looking at statistics comparing Cara Therapeutics Inc share performance against respective industry, we note that the company has outperformed competitors. Cara Therapeutics Inc (CARA) shares are -53.12% down over the last 6 months, with its year-to-date growth rate higher than industry average at 52.97% against 13.30%.

CARA Dividends

Cara Therapeutics 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. Cara Therapeutics 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%.