During the last session, Cabaletta Bio Inc (NASDAQ:CABA)’s traded shares were 0.55 million, with the beta value of the company hitting 2.35. At the end of the trading day, the stock’s price was $1.85, reflecting an intraday loss of -1.60% or -$0.03. The 52-week high for the CABA share is $23.17, that puts it down -1152.43 from that peak though still a striking 14.05% gain since the share price plummeted to a 52-week low of $1.59. The company’s market capitalization is $90.42M, and the average trade volume was 1.43 million shares over the past three months.
Cabaletta Bio Inc (CABA) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.33. CABA has a Sell rating from 0 analyst(s) out of 5 analysts who have looked at this stock. 0 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 5 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.64.
Cabaletta Bio Inc (NASDAQ:CABA) trade information
Cabaletta Bio Inc (CABA) registered a -1.60% downside in the last session and has traded in the green over the past 5 sessions. The stock plummet -1.60% in intraday trading to $1.85, hitting a weekly high. The stock’s 5-day price performance is 2.49%, and it has moved by -24.18% in 30 days. Based on these gigs, the overall price performance for the year is -91.47%.
The consensus price target of analysts on Wall Street is $14, which implies an increase of 86.79% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $3 and $32 respectively. As a result, CABA is trading at a discount of -1629.73% off the target high and -62.16% off the low.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings shrunk an estimated -26.63%. While earnings are projected to return -41.74% in 2025, the next five years will return -17.12% per annum.
CABA Dividends
Cabaletta Bio Inc is due to release its next quarterly earnings in April. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
The next largest institutional holding, with 4.76 million shares, is of BLACKROCK INC.’s that is approximately 9.6469% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $35.58 million.
Also, the Mutual Funds coming in first place with the largest holdings of Cabaletta Bio Inc (CABA) shares are Alger Small Cap Focus Fund and Price (T.Rowe) Small-Cap Value Fund . Data provided on Oct 31, 2024 indicates that Alger Small Cap Focus Fund owns about 2.33 shares. This amounts to just over 4.76 percent of the company’s overall shares, with a $4.3 million market value. The same data shows that the other fund manager holds slightly less at 1.93, or about 3.95% of the stock, which is worth about $3.58 million.
