Ceribell Inc (NASDAQ:CBLL) price on Thursday, April 10, fall -42.02% below its previous day’s close as a downside momentum from buyers pushed the stock’s value to $11.15.
A look at the stock’s price movement, the close in the last trading session was $19.23, moving within a range at $10.01 and $18.67. Turning to its 52-week performance, $32.75 and $16.73 were the 52-week high and 52-week low respectively. Overall, CBLL moved -48.28% over the past month.
Ceribell Inc’s market cap currently stands at around $399.93 million, with investors looking forward to this quarter’s earnings report slated for on 2025-Feb-24.
CBLL’s current price about -41.85% and -48.01% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 22.95, while 7-day volatility ratio is 27.32% and 9.68% in the 30-day chart. Further, Ceribell Inc (CBLL) has a beta value of 0, and an average true range (ATR) of 1.86. Analysts have given the company’s stock an average 52-week price target of $30, forecast between a low of $30 and high of $30. Looking at the price targets, the low is -169.06% off current price level while to achieve the yearly target high, price needs to move -169.06%. Nonetheless, investors will most likely welcome a -169.06% jump to $30 which is the analysts’ median price.
If we refocus on Ceribell Inc (NASDAQ:CBLL), historical trading data shows that trading volumes averaged 0.28 over the past 10 days and 185.76K over the past 3 months. The company’s latest data on shares outstanding shows there are 35.85 million shares.
The 41.86% of Ceribell Inc’s shares are in the hands of company insiders while institutional holders own 46.12% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 0.96 million on 2025-03-14, giving us a short ratio of 5.6. Current price change has pushed the stock -56.92% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the CBLL stock continues to rise going into the next quarter.
