With 2.9 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.73 million shares. The 52-week range on CABA shows that it touched its highest point at $13.50 and its lowest point at $0.99 during that stretch. It currently has a 1-year price target of $15.89. Beta for the stock currently stands at 2.79.
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 -18.35%, but this was up by 6.91% over a month. Three-month performance surged to 8.10% while six-month performance fell -36.87%. The stock lost -84.09% in the past year, while it has lost -14.76% so far this year. A look at the trailing 12-month EPS for CABA yields -2.54 with Next year EPS estimates of -2.26. For the next quarter, that number is -0.65. This implies an EPS growth rate of -5.45% for this year and 8.48% for next year. EPS is expected to grow by 3.54% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of -20.35%.
Float and Shares Shorts:
At present, 50.74 million CABA shares are outstanding with a float of 46.16 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.
