Castle Biosciences Stock Went Up By Over 28% In The Last 21 Sessions

(VIANEWS) – Shares of Castle Biosciences (NASDAQ: CSTL) rose by a staggering 28.7% in 21 sessions from $13.03 at 2023-06-21, to $16.77 at 12:23 EST on Friday, following the last session’s downward trend. NASDAQ is jumping 0.1% to $14,077.43, following the last session’s downward trend.

Castle Biosciences’s last close was $16.70, 53.74% under 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 $-2.71.

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%.

Sales Growth

Castle Biosciences’s sales growth is 26.8% for the present quarter and 26.8% for the next.

Growth Estimates Quarters

The company’s growth estimates for the current quarter and the next is a negative 1416.7% and a negative 26%, respectively.

Yearly Top and Bottom Value

Castle Biosciences’s stock is valued at $16.77 at 12:23 EST, way under its 52-week high of $36.10 and way above its 52-week low of $9.26.

Stock Price Classification

According to the stochastic oscillator, a useful indicator of overbought and oversold conditions, Castle Biosciences’s stock is considered to be oversold (<=20).

More news about Castle Biosciences (CSTL).

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