BioAtla Inc (NASDAQ: BCAB) is 40.65% higher on its value in year-to-date trading and has touched a low of $1.24 and a high of $4.07 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The BCAB stock was last observed hovering at around $3.01 in the last trading session, with the day’s gains setting it 0.45%.
Currently trading at $3.46, the stock is 32.14% and 41.43% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.24 million and changing 14.95% at the moment leaves the stock 48.29% off its SMA200. BCAB registered 38.96% gain for a year compared to 6-month gain of 97.71%. The firm has a 200-day simple moving average (SMA200) of -$0.22.
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The stock witnessed a 21.83% loss in the last 1 month and extending the period to 3 months gives it a 45.99%, and is 45.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 11.97% over the week and 9.14% over the month.
BioAtla Inc (BCAB) has around 65 employees, a market worth around $165.39M and $0.00M in sales. Distance from 52-week low is 179.03% and -14.95% from its 52-week high. The company has generated returns on investments over the last 12 months (-172.65%).
BioAtla Inc quarterly earnings per share for the current quarter are estimated at -$0.79.The EPS is expected to grow by 25.12% this year
114 institutions hold shares in BioAtla Inc (BCAB), with institutional investors hold 72.00% of the company’s shares. The shares outstanding are 48.08M, and float is at 38.53M with Short Float at 13.31%. Institutions hold 65.00% of the Float.
The top institutional shareholder in the company is Soleus Capital Management, L.P. with over 4.32 million shares valued at $12.96 million. The investor’s holdings represent 9.04% of the BCAB Shares outstanding. As of Jun 29, 2023, the second largest holder is Tang Capital Management, LLC with 3.67 million shares valued at $11.02 million to account for 7.69% of the shares outstanding. The other top investors are Blackrock Inc. which holds 3.2 million shares representing 6.69% and valued at over $9.6 million, while Vanguard Group Inc holds 4.39% of the shares totaling 2.1 million with a market value of $6.29 million.
BioAtla Inc (BCAB) Insider Activity
The most recent transaction is an insider purchase by MCBRINN SYLVIA, the company’s Director. SEC filings show that MCBRINN SYLVIA bought 4,000 shares of the company’s common stock on Dec 26 ’23 at a price of $2.33 per share for a total of $9320.0. Following the purchase, the insider now owns 15125.0 shares.
BioAtla Inc disclosed in a document filed with the SEC on Dec 20 ’23 that SHORT JAY M PHD (Chief Executive Officer) bought a total of 50,000 shares of the company’s common stock. The trade occurred on Dec 20 ’23 and was made at $2.14 per share for $0.11 million. Following the transaction, the insider now directly holds 1.44 million shares of the BCAB stock.
Still, SEC filings show that on Dec 19 ’23, STEINMAN LAWRENCE (Director) acquired 20,000 shares at an average price of $2.05 for $41048.0. The insider now directly holds 38,459 shares of BioAtla Inc (BCAB).
