Castle Biosciences Already 4% Down, Almost One Hour Before The NASDAQ Open

(VIANEWS) – The NASDAQ opens in less than one hour and Castle Biosciences‘s pre-market value is already 4.61% down.

The last session, NASDAQ finished with Castle Biosciences (CSTL) sliding 1.44% to $21.28. NASDAQ jumped 0.51% to $16,399.52, following the last session’s upward trend on what was a somewhat positive trend trading session.

About Castle Biosciences

Castle Biosciences, Inc., a molecular diagnostics company, provides testing solutions for the diagnosis and treatment of dermatologic cancers, Barrett's esophagus, uveal melanoma, and mental health conditions. It offers DecisionDx-Melanoma, a risk stratification gene expression profile (GEP) test to identify the risk of metastasis for patients diagnosed with invasive cutaneous melanoma; DecisionDx-SCC, a proprietary risk stratification GEP test for patients with cutaneous squamous cell carcinoma; MyPath Melanoma, a test used for patients with difficult-to-diagnose melanocytic lesions; and TissueCypher, a spatial omics test to predict future development of high-grade dysplasia and/or esophageal cancer in patients with non-dysplastic, indefinite dysplasia, or low-grade dysplasia Barrett's esophagus. In addition, the company provides DecisionDx-UM test, a proprietary risk stratification GEP test that predicts the risk of metastasis for patients with uveal melanoma; and IDgenetix, a pharmacogenomic test that helps guide drug treatment for major depressive disorder, schizophrenia, bipolar disorder, anxiety disorders, social phobia, obsessive-compulsive personality disorder, post-traumatic stress disorder, and attention deficit hyperactivity disorder. It offers its products to skin cancer, gastroenterology, and mental health markets. The company was incorporated in 2007 and is headquartered in Friendswood, Texas.

Earnings Per Share

As for profitability, Castle Biosciences has a trailing twelve months EPS of $-2.14.

The company’s return on equity, which measures the profitability of a business relative to shareholder’s equity, for the twelve trailing months is negative -14.54%.

Growth Estimates Quarters

The company’s growth estimates for the ongoing quarter and the next is 70.9% and 7.1%, respectively.

Sales Growth

Castle Biosciences’s sales growth for the current quarter is 56.6%.

More news about Castle Biosciences (CSTL).

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