How to Buy Cabaletta Bio Stock
Cabaletta Bio Inc
Cabaletta Bio, Inc. , a clinical-stage biotechnology company, focuses on the discovery and development of engineered T cell therapies for patients with B cell-mediated autoimmune diseases.
Cabaletta Bio stock last closed at $11.01, down 9.61% from the previous day, and has increased 32.97% in one year. It has overperformed other stocks in the Biotechnology industry by 0.55 percentage points. Cabaletta Bio stock is currently +28.47% from its 52-week low of $8.57, and -58.22% from its 52-week high of $26.35.
There are currently 48.24M shares of CABA outstanding. The market cap of CABA is $531.14M. In the last 24 hours, 2.92M CABA shares were traded.
How to Buy Cabaletta Bio Stock
Wondering how to invest in Cabaletta Bio stock? Here's how.
- Decide where to buy Cabaletta Bio stock: You need to choose an online brokerage, but don't worry - we've tried dozens of online stock brokerages and apps to help you decide where to buy Cabaletta Bio stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Choose your payment method and add your information.
- Research Cabaletta Bio stock: The Cabaletta Bio ticker symbol is CABA. Is Cabaletta Bio stock a good investment? Should you buy shares of CABA? How do CABA's underlying business fundamentals look? Do top analysts think Cabaletta Bio is a good buy? Why has CABA's stock price moved recently? (Hint: Our stock research website can help you understand if CABA is a good stock to buy).
- Place your CABA buy order: Decide if you will purchase CABA shares at the current market price or use a limit order to buy CABA shares at a specific price.
- Keep tabs on your investment in CABA: Create a watchlist to important updates regarding your position in Cabaletta Bio stock.
Step 1: Decide where to buy Cabaletta Bio stock
You will need a brokerage account to access the NASDAQ market and buy CABA stock.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the best brokerage, you need to fill out some personal information so you are able to invest in CABA stock today.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal info to create your new trading account.
- Submit your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you have filled out your info on the best stock app, your next step is to transfer the money for your investment:
Check out this video walkthrough to see the process of depositing funds into your new brokerage account.
Step 4: Research Cabaletta Bio stock
Once you have decided on the best place to buy Cabaletta Bio stock, it's important to analyze their stock prior to investing, so you truly comprehend the risk as well as the upside.
Cabaletta Bio stock at a glance
CABA Due Diligence Checks
WallStreetZen was designed to help everyday investors do more accurate fundamental analysis in minutes instead of hours.
You can view all of the due diligence checks on CABA's stock page.
Is CABA stock undervalued?
You can use a variety of different financial metrics, analyses, models, and charts to gauge CABA's fair value.
Using relative valuations methods:
- CABA may be undervalued based on its P/B ratio of 2.25x, relative to Biotechnology industry P/B ratio of 5.85x
You can access more valuation research on CABA's stock here.
A look at CABA Cashflows and Balance Sheet
Passed Health Checks:
- There are more short-term assets than long-term liabilities on the CABA balance sheet.
- CABA has cash burn of 54236000. It has enough cash and short-term investments to cover this for at least one year.
- CABA has a low debt to equity ratio of 0.07.
- There are more short-term assets than short-term liabilities on the CABA balance sheet.
- CABA has $241.25M in cash and short term investments. This is sufficient to cover its annual cash burn of $54.24M.
- Total CABA debt is lower than 5 years ago, relative to shareholder equity.
Is it a good time to buy CABA stock, according to analysts?
Out of 6 sell side analysts who research CABA, the consensus analyst rating on Cabaletta Bio is a Strong Buy
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
Latest CABA Analyst Forecasts
Michael Ulz, a top 7% analyst from Morgan Stanley maintains CABA with a strong buy rating and lowers their CABA price target from $28.00 to $25.00, on Nov 29, 2023.
You can dig deeper into what analysts are saying on the Cabaletta Bio stock forecast page.
CABA Momentum
What are CABA executives and large shareholders up to?
Over the last year, insiders at CABA have bought as many shares as they have sold.
Gwendolyn Binder, President Science Technology of CABA, was the latest CABA insider to sell. They sold $14,228.90 worth of CABA shares on Jan 19, 2024.
Research more about who owns CABA shares here.
Does CABA stock generate passive income?
No, Cabaletta Bio doesn't provide an income stream by paying out dividends.
What do other traders have to say about CABA?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other traders have to say.
Step 5: Place your CABA buy order
You have two main order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to make sure you're buying or selling at an exact dollar amount, use a limit order.
Hit the Open button and eToro will place the order.
If you want more assistance investing in stocks on eToro, watch the how to video below:
Step 6: Keep tabs on your investment in CABA
Now that you own some shares in CABA, you'll want to stay up-to-date on your new stock purchase.
Start a watchlist to get alerted to the latest events about your CABA stock.
CABA Feed
How to Buy Stock in Cabaletta Bio
To summarize, here are the 6 steps you need to take to buy Cabaletta Bio stock right now:
- Decide where to buy Cabaletta Bio stock
- Create your brokerage account
- Fund your investment account
- Research Cabaletta Bio stock
- Place your CABA buy order
- Keep tabs on your investment in CABA
If you are looking for a place to buy stocks, eToro is our recommended venue.
Get Started with eToro TodayIf you want to keep an eye on your new investment in Cabaletta Bio, hit the button below to create your watchlist.
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