BioAtla Inc (BCAB) Holding Strong: What’s pushing it?

In yesterday’s Wall Street session, BioAtla Inc (NASDAQ:BCAB) shares traded at $1.88, up 11.90% from the previous session.

BCAB stock price is now 20.03% away from the 50-day moving average and -12.57% away from the 200-day moving average. The market capitalization of the company currently stands at $90.47M.

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With the price target of $17, JMP Securities recently initiated with Mkt Outperform rating for BioAtla Inc (NASDAQ: BCAB). On May 05, 2022, Credit Suisse Downgraded its previous ‘Outperform’ rating to ‘Neutral’ on the stock reducing its target price from $35 to quote $5, while ‘H.C. Wainwright’ rates the stock as ‘Buy’

In other news, MCBRINN SYLVIA, Director bought 4,000 shares of the company’s stock on Dec 26 ’23. The stock was bought for $9,320 at an average price of $2.33. Upon completion of the transaction, the Director now directly owns 15,125 shares in the company, valued at $28435.0. An SEC document containing details of the transaction can be found on the SEC’s website. On Dec 20 ’23, Chief Executive Officer SHORT JAY M PHD bought 50,000 shares of the business’s stock. A total of $106,910 was incurred on buying the stock at an average price of $2.14. This leaves the insider owning 1,439,283 shares of the company worth $2.71 million. A total of 19.39% of the company’s stock is owned by insiders.

During the past 12 months, BioAtla Inc has had a low of $1.14 and a high of $4.02. As of last week, the company has a debt-to-equity ratio of 0.05, a current ratio of 3.81, and a quick ratio of 3.81. The fifty day moving average price for BCAB is $1.5663 and a two-hundred day moving average price translates $2.150225 for the stock.

The latest earnings results from BioAtla Inc (NASDAQ: BCAB) was released for 2024-06-30.

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