With 4.25 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.6 million shares. The 52-week range on CABA shows that it touched its highest point at $24.85 and its lowest point at $1.76 during that stretch. It currently has a 1-year price target of $20.60. Beta for the stock currently stands at 2.54.
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 -10.79%, but this was down by -21.53% over a month. Three-month performance dropped to -43.12% while six-month performance fell -52.64%. The stock lost -91.00% in the past year, while it has lost -5.29% so far this year. A look at the trailing 12-month EPS for CABA yields -2.16 with Next year EPS estimates of -2.54. For the next quarter, that number is -0.64. This implies an EPS growth rate of -41.74% for this year and -8.64% for next year. EPS is expected to decline by -17.12% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -26.63%.
Float and Shares Shorts:
At present, 48.85 million CABA shares are outstanding with a float of 44.45 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CABA since 5 analysts follow the stock currently. There are 5 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of -$2.29869 being high and -$2.40863 being low. For CABA, this leads to a yearly average estimate of -$2.33867. Based on analyst estimates, the high estimate for the next quarter is -$0.46 and the low estimate is -$0.74. The average estimate for the next quarter is thus -$0.67.
