A better buy-in window may exist right now for Cabaletta Bio Inc (CABA)

With 0.85 million shares changed hands, the volume of the stock remained lighter than its average volume of 0.97 million shares. The 52-week range on CABA shows that it touched its highest point at $26.35 and its lowest point at $5.88 during that stretch. It currently has a 1-year price target of $32.44. Beta for the stock currently stands at 2.46.

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Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CABA was down-trending over the past week, with a drop of -2.36%, but this was down by -1.37% over a month. Three-month performance surged to 42.93% while six-month performance rose 60.14%. The stock gained 151.86% in the past year, while it has lost -1.59% so far this year. A look at the trailing 12-month EPS for CABA yields -1.72 with Next year EPS estimates of -1.72. For the next quarter, that number is -0.39. This implies an EPS growth rate of 11.13% for this year and -7.03% for next year.

Float and Shares Shorts:

At present, 42.85 million CABA shares are outstanding with a float of 33.75 million shares on hand for trading. On Feb 15, 2024, short shares totaled 6.83 million, which was 15.94% higher than short shares on Jan 12, 2024. In addition to Dr. Steven A. Nichtberger M.D. as the firm’s Co-Founder, Chairman, CEO & President, Dr. Gwendolyn K. Binder Ph.D. serves as its President of Science & Technology.

Institutional Ownership:

Through their ownership of 114.31% of CABA’s outstanding shares, institutional investors have majority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CABA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.

Dividends & Yield:

In terms of dividends, CABA has a current ratio of $––, which is $–– over the trailing 12-months, while a dividend of $–– is likely to be paid on average over the next five years. Dividend yield is another indicator that appeals to many investors, and CABA currently yields $0.00. In the past year, CABA’s dividend yield has been $0.00, but when looking at the stock over the past five years, its yield has been $–. Accordingly, CABA has a current buyback yield of $–. This was $– for the TTM, and it was $– for the past five years.