Castle Biosciences Stock Drops By 18% In The Last 5 Sessions

(VIANEWS) – Shares of Castle Biosciences (NASDAQ: CSTL) slid by a staggering 18.96% in 5 sessions from $24.68 at -18.96, to $20.00 at 13:28 EST on Friday, after four consecutive sessions in a row of losses. NASDAQ is falling 1.26% to $11,196.00, following the last session’s downward trend.

Castle Biosciences’s last close was $21.28, 56.03% under its 52-week high of $48.40.

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, a rare eye cancer; 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 GEP test to diagnose suspicious pigmented lesions. It offers test services through physicians and their patients. The company was founded in 2007 and is headquartered in Friendswood, Texas.

Earnings Per Share

As for profitability, Castle Biosciences has a trailing twelve months EPS of $-1.24.

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 -12.86%.

More news about Castle Biosciences (CSTL).

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