Castle Biosciences Stock Impressive Fall 18% At Session Start On Thursday, Underperforms Market

(VIANEWS) – Shares of Castle Biosciences (NASDAQ: CSTL) fell by a staggering 18.09% to $20.01 at 10:26 EST on Thursday, after two consecutive sessions in a row of losses. NASDAQ is rising 0.19% to $12,959.77, following the last session’s downward trend. This seems, so far, a somewhat bullish trend trading session today.

Castle Biosciences’s last close was $24.43, 32.33% 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 $-2.65.

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%.

Moving Average

Castle Biosciences’s worth is way below its 50-day moving average of $22.97 and way under its 200-day moving average of $24.60.

More news about Castle Biosciences (CSTL).

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