At the time of writing, BioAtla Inc [BCAB] stock is trading at $0.50, up 0.73%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The BCAB shares have gain 5.49% over the last week, with a monthly amount drifted -16.89%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
BioAtla Inc [NASDAQ: BCAB] stock has seen the most recent analyst activity on November 13, 2024, when H.C. Wainwright downgraded its rating to a Neutral. Previously, JMP Securities started tracking the stock with Mkt Outperform rating on September 15, 2022, and set its price target to $17. On May 05, 2022, downgrade downgraded it’s rating to Neutral and revised its price target to $5 on the stock. H.C. Wainwright started tracking the stock assigning a Buy rating and suggested a price target of $25 on March 21, 2022. ROTH Capital started tracking with a Buy rating for this stock on June 28, 2021, and assigned it a price target of $75.
For the past year, the stock price of BioAtla Inc fluctuated between $0.43 and $4.02. Currently, Wall Street analysts expect the stock to reach $5 within the next 12 months. BioAtla Inc [NASDAQ: BCAB] shares were valued at $0.50 at the most recent close of the market. An investor can expect a potential return of 900.0% based on the average BCAB price forecast.
Analyzing the BCAB fundamentals
Gross Profit Margin for this corporation currently stands at 0.93% with Operating Profit Margin at -6.79%, Pretax Profit Margin comes in at -6.44%, and Net Profit Margin reading is -6.44%. To continue investigating profitability, this company’s Return on Assets is posted at -1.31, Equity is -1.87 and Total Capital is -2.02. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.05.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 0.4880 points at the first support level, and at 0.4760 for the second support level. However, for the 1st resistance point, the stock is sitting at 0.5128, and for the 2nd resistance point, it is at 0.5256.
Ratios To Look Out For
It is important to note that BioAtla Inc [NASDAQ:BCAB] has a current ratio of 3.11. Also, the Quick Ratio is 3.11, while the Cash Ratio stands at 2.9. Considering the valuation of this stock, the price to sales ratio is 2.64, the price to book ratio is 1.05.
