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1 Comment
Cabaletta Bio, Inc is currently in a long term downtrend where the price is trading 29.8% below its 200 day moving average.
From a valuation standpoint, the stock is 100.0% cheaper than other stocks from the Healthcare sector with a price to sales ratio of 0.0.
Cabaletta Bio, Inc's total revenue sank by nan% to $0 since the same quarter in the previous year.
Its net income has dropped by 72.3% to $-9M since the same quarter in the previous year.
Finally, its free cash flow fell by 15.3% to $-9M since the same quarter in the previous year.
Based on the above factors, Cabaletta Bio, Inc gets an overall score of 1/5.
Exchange | NASDAQ |
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CurrencyCode | USD |
ISIN | US12674W1099 |
Sector | Healthcare |
Industry | Biotechnology |
PE Ratio | None |
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Target Price | 16.2222 |
Beta | 2.44 |
Market Cap | 68M |
Dividend Yield | None |
Cabaletta Bio, Inc., a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with autoimmune diseases. Its lead product candidate is resecabtagene autoleucel, a 4-1BB co-stimulatory domain-containing fully human CD19-CAR T for the treatment of Phase 1/2 clinical trials in dermatomyositis, anti-synthetase syndrome, immune-mediated necrotizing myopathy, lupus nephritis, non-renal systemic lupus erythematosus, systemic sclerosis, and generalized myasthenia gravis. The company also develops DSG3-CAART, which is in Phase I/II clinical trial for the treatment of mucosal pemphigus vulgaris; and MuSK-CAART, an investigational cell therapy for treating patients with anti-muscle-specific kinase (MuSK) antibody positive myasthenia gravis. It has a collaboration with the University of Pennsylvania and the Children's Hospital of Philadelphia; Nanjing IASO Biotherapeutics Co., Ltd; Oxford Biomedica; Autolus Holdings (UK) Limited; and WuXi Advanced Therapies, Inc. The company was formerly known as Tycho Therapeutics, Inc. and changed its name to Cabaletta Bio, Inc. in August 2018. Cabaletta Bio, Inc. was incorporated in 2017 and is headquartered in Philadelphia, Pennsylvania.
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