Castle Biosciences Stock Is 9% Down So Far Today

(VIANEWS) – Shares of Castle Biosciences (NASDAQ: CSTL) slid 9.65% to $16.20 at 14:30 EST on Thursday, after three consecutive sessions in a row of losses. NASDAQ is jumping 1.41% to $14,114.92, after three sequential sessions in a row of gains. This seems, up until now, an all-around bullish trend exchanging session today.

Castle Biosciences’s last close was $17.93, 50.33% below its 52-week high of $36.10.

About Castle Biosciences

Castle Biosciences, Inc., a commercial-stage diagnostics company, focuses to provide diagnostic and prognostic testing services for dermatological cancers. Its lead product is DecisionDx-Melanoma, a multi-gene expression profile (GEP) test to identify the risk of metastasis for patients diagnosed with invasive cutaneous melanoma. The company also offers DecisionDx-UM test, a proprietary GEP test that predicts the risk of metastasis for patients with uveal melanoma; DecisionDx-SCC, a proprietary 40-gene expression profile test that uses an individual patient's tumor biology to predict individual risk of squamous cell carcinoma metastasis for patients with one or more risk factors; and DecisionDx DiffDx-Melanoma and myPath Melanoma, a proprietary 35-GEP test to diagnose suspicious pigmented lesions. It offers test services through physicians and their patients. 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 $-2.45.

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 -18.33%.

Revenue Growth

Year-on-year quarterly revenue growth grew by 56.6%, now sitting on 152.22M for the twelve trailing months.

Moving Average

Castle Biosciences’s worth is way below its 50-day moving average of $19.01 and way below its 200-day moving average of $22.60.

More news about Castle Biosciences (CSTL).

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