The current stock price of CABA is 3.18 USD. In the past month the price increased by 45.87%. In the past year, price increased by 27.2%.
ChartMill assigns a technical rating of 8 / 10 to CABA. When comparing the yearly performance of all stocks, CABA is one of the better performing stocks in the market, outperforming 86.79% of all stocks.
ChartMill assigns a fundamental rating of 1 / 10 to CABA. Both the profitability and financial health of CABA have multiple concerns.
Over the last trailing twelve months CABA reported a non-GAAP Earnings per Share(EPS) of -2.53. The EPS decreased by -17.67% compared to the year before.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PM (TTM) | N/A | ||
| ROA | -83.54% | ||
| ROE | -113.66% | ||
| Debt/Equity | 0.03 |
16 analysts have analysed CABA and the average price target is 13.39 USD. This implies a price increase of 320.99% is expected in the next year compared to the current price of 3.18.
Cabaletta Bio, Inc. is a clinical-stage biotechnology company, which engages in the discovery and development of engineered T cell therapies for B cell-mediated autoimmune diseases. The company is headquartered in Philadelphia, Pennsylvania and currently employs 148 full-time employees. The company went IPO on 2019-10-25. Its Cabaletta Approach to B cell Ablation (CABA) platform encompasses two strategies: Chimeric Antigen Receptor T cells for Autoimmunity (CARTA) and Chimeric AutoAntibody Receptor T cells (CAART). Resecabtagene autoleucel, its lead product candidate from its CARTA platform, is a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T construct designed to treat patients with a range of autoimmune diseases. Its DSG3-CAART product candidate is being evaluated for the treatment of mPV, a subtype of PV that affects the epithelium of the mucous membranes, in the Phase 1 DesCAARTes TM trial. Its MuSK-CAART product candidate is designed to treat a subset of patients with MG, targeting autoreactive B cells.
CABALETTA BIO INC
2929 Arch Street, Suite 600
PHILADELPHIA PENNSYLVANIA 19104 US
CEO: Steven Nichtberger
Employees: 148
Phone: 12677593100
Cabaletta Bio, Inc. is a clinical-stage biotechnology company, which engages in the discovery and development of engineered T cell therapies for B cell-mediated autoimmune diseases. The company is headquartered in Philadelphia, Pennsylvania and currently employs 148 full-time employees. The company went IPO on 2019-10-25. Its Cabaletta Approach to B cell Ablation (CABA) platform encompasses two strategies: Chimeric Antigen Receptor T cells for Autoimmunity (CARTA) and Chimeric AutoAntibody Receptor T cells (CAART). Resecabtagene autoleucel, its lead product candidate from its CARTA platform, is a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T construct designed to treat patients with a range of autoimmune diseases. Its DSG3-CAART product candidate is being evaluated for the treatment of mPV, a subtype of PV that affects the epithelium of the mucous membranes, in the Phase 1 DesCAARTes TM trial. Its MuSK-CAART product candidate is designed to treat a subset of patients with MG, targeting autoreactive B cells.
The current stock price of CABA is 3.18 USD. The price increased by 8.16% in the last trading session.
CABA does not pay a dividend.
CABA has a ChartMill Technical rating of 8 out of 10 and a ChartMill Fundamental rating of 1 out of 10.
CABA stock is listed on the Nasdaq exchange.
The outstanding short interest for CABALETTA BIO INC (CABA) is 19.84% of its float.