rts logo

Carisma Therapeutics Inc (CARM) Is Now En Route to Higher Prices

Carisma Therapeutics Inc (NASDAQ: CARM) is 17.48% higher on its value in year-to-date trading and has touched a low of $0.38 and a high of $2.77 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 CARM stock was last observed hovering at around $0.47 in the last trading session, with the day’s gains setting it 0.02%.

Currently trading at $0.49, the stock is 3.86% and -2.28% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 0.13 million and changing 3.64% at the moment leaves the stock -48.75% off its SMA200. CARM registered -76.23% loss for a year compared to 6-month loss of -51.29%. The firm has a 50-day simple moving average (SMA 50) of $0.50354 and a 200-day simple moving average (SMA200) of $0.96002.

The stock witnessed a 10.41% gain in the last 1 month and extending the period to 3 months gives it a -50.55%, and is 6.40% 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 9.89% over the week and 10.46% over the month.

Carisma Therapeutics Inc (CARM) has around 107 employees, a market worth around $20.54M and $20.27M in sales. Profit margin for the company is -314.78%. Distance from 52-week low is 29.47% and -82.24% from its 52-week high.

The EPS is expected to grow by 53.67% this year.

Carisma Therapeutics Inc (CARM) Top Institutional Holders

49.0 institutions hold shares in Carisma Therapeutics Inc (CARM), with institutional investors hold 46.37% of the company’s shares. The shares outstanding are 41.75M, and float is at 21.84M with Short Float at 3.27%. Institutions hold 33.66% of the Float.

Carisma Therapeutics Inc (CARM) Insider Activity

#####

Related Posts