Alert: Major Price Decline (5/1/24)-Catalyst Biosciences Inc (NASDAQ: CBIO).

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On 5/1/24, Catalyst Biosciences Inc (NASDAQ: CBIO) stock suffered a major decline of -11.2%, closing at $13.86. Moreover, this decline was accompanied by unusually high trading volume at 168% of normal. The stock has declined -13.0% during the last week but has been exceptionally strong relative to the market over the last nine months.

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Current PriceTarget Research Rating

CBIO is expected to be a major Value Eraser reflecting capital returns that are forecasted to fall short of the cost of capital.

Catalyst Biosciences is currently unrated.

Rating Review

The stock is currently unrated.

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