BioAtla Inc (NASDAQ:BCAB) does about 708.98K shares in volume on a normal day but saw 926444 shares change hands in Tuesday trading. The company now has a market cap of 80.84M USD. Its current market price is $1.68, marking a decrease of -1.75% compared to the previous close of $1.71. The 52 week high reached by this stock is $4.02 whilst the lowest price level in 52 weeks is $1.24.
BioAtla Inc (BCAB) has a 20-day trading average at $2.6890 and the current price is -58.21% off the 52-week high compared with 35.48% distance from its 52-week low. The 50-day simple moving average of the closing price is $2.8034 and its 200-day simple moving average is $2.2855. If we look at the stock’s price movements over the week, volatility stands at 19.73%, which decreases to 16.90% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 31.83 to suggest the stock is neutral.
The consensus objective for the share price is $9.40, suggesting that the stock has a potential upside of 82.13% over the period.
The company shares received a number of brokerage firm price updates over the past month, with the latest being on September 15, 2022 when JMP Securities initiated the stock to “Mkt Outperform” and issued a price target of $17. Credit Suisse downgraded the stock to “Neutral” from Outperform on May 05, 2022 at a price target of $35-$5. H.C. Wainwright initiated its price target at $25.
BioAtla Inc (BCAB) stock is down -31.57% over the week and -33.86% over the past month. Its price is -31.71% year-to-date and -44.00% over the past year.
To reach the target analysts have set, the stock logically needs to grow 82.13 percent from here.
The company has a return on investment of -237.85% and return on equity of -115.68%. The beta has a value of 1.09. Price to book ratio is 1.63.
