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Castle Biosciences Stock Went Down By Over 10% So Far On Wednesday

(VIANEWS) – Shares of Castle Biosciences (NASDAQ: CSTL) dropped by a staggering 10.92% to $22.43 at 11:12 EST on Wednesday, after four successive sessions in a row of gains. NASDAQ is dropping 0.4% to $11,409.22, after three sequential sessions in a row of losses. This seems, at the moment, a somewhat bearish trend trading session today.

Castle Biosciences’s last close was $25.18, 47.98% below 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%.

Volatility

Castle Biosciences’s last week, last month’s, and last quarter’s current intraday variation average was a positive 1.85%, a negative 0.05%, and a positive 2.75%.

Castle Biosciences’s highest amplitude of average volatility was 2.21% (last week), 2.16% (last month), and 2.75% (last quarter).

Growth Estimates Quarters

The company’s growth estimates for the current quarter is a negative 236% and positive 12.4% for the next.

Revenue Growth

Year-on-year quarterly revenue growth grew by 57.7%, now sitting on 123.74M for the twelve trailing months.

More news about Castle Biosciences (CSTL).

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