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NASDAQ:CARACara Therapeutics Stock Price, Forecast & News

$15.87
-0.37 (-2.28 %)
(As of 05/29/2020 04:00 PM ET)
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Today's Range
$15.49
Now: $15.87
$16.50
50-Day Range
$13.72
MA: $15.05
$16.46
52-Week Range
$8.88
Now: $15.87
$27.55
Volume459,556 shs
Average Volume569,629 shs
Market Capitalization$742.72 million
P/E RatioN/A
Dividend YieldN/A
Beta1.87
Cara Therapeutics, Inc., a clinical-stage biopharmaceutical company, focuses on developing and commercializing chemical entities with a primary focus on pruritus and pain by selectively targeting kappa opioid receptors in the United States. The company is developing product candidates that target the body's peripheral nervous system and immune cells. Its lead product candidate includes KORSUVA (CR845/ difelikefalin) injection, which is in Phase III clinical trial for the treatment of patients with chronic kidney disease (CKD) associated pruritus undergoing hemodialysis, as well as in Phase II/III clinical trial for the treatment of dialysis patients suffering from chronic kidney disease-associated pruritus. The company is also developing Oral KORSUVA (CR845/difelikefalin) that is in Phase II clinical trial for the treatment of pruritus in stage III-V CKD patients; and in Phase I clinical trial for treating pruritus chronic liver disease. In addition, it is developing CR845/difelikefalin Injection, which is in Phase III clinical trial for the treatment of acute post-operative pain; and Oral CR845/difelikefalin that has completed Phase IIb for treating chronic pain, as well as CR701, which is in preclinical trial for the treatment of chronic pain. The company has license agreements with Maruishi Pharmaceutical Co., Ltd to develop, manufacture, and commercialize drug products containing CR845/difelikefalin for acute pain and uremic pruritus in Japan; and Chong Kun Dang Pharmaceutical Corporation to develop, manufacture, and commercialize drug products containing CR845/difelikefalin in South Korea. Cara Therapeutics, Inc. was founded in 2004 and is headquartered in Stamford, Connecticut.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 3.2Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.0 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.54 out of 5 stars


Industry, Sector and Symbol

Industry Pharmaceutical preparations
Sub-IndustryN/A
SectorMedical
Current SymbolNASDAQ:CARA
CUSIPN/A
Phone203-406-3700

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$19.89 million
Book Value$3.43 per share

Profitability

Net Income$-106,370,000.00
Net Margins-480.29%

Miscellaneous

Employees55
Market Cap$742.72 million
Next Earnings Date8/5/2020 (Estimated)
OptionableOptionable

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Cara Therapeutics (NASDAQ:CARA) Frequently Asked Questions

How has Cara Therapeutics' stock been impacted by COVID-19 (Coronavirus)?

Cara Therapeutics' stock was trading at $13.43 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, CARA shares have increased by 18.2% and is now trading at $15.87. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Cara Therapeutics?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Cara Therapeutics in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Cara Therapeutics.

When is Cara Therapeutics' next earnings date?

Cara Therapeutics is scheduled to release its next quarterly earnings announcement on Wednesday, August 5th 2020. View our earnings forecast for Cara Therapeutics.

How were Cara Therapeutics' earnings last quarter?

Cara Therapeutics Inc (NASDAQ:CARA) announced its earnings results on Monday, May, 11th. The biopharmaceutical company reported ($0.62) EPS for the quarter, beating the consensus estimate of ($0.63) by $0.01. The biopharmaceutical company had revenue of $8.09 million for the quarter, compared to the consensus estimate of $4.83 million. Cara Therapeutics had a negative net margin of 480.29% and a negative return on equity of 68.83%. View Cara Therapeutics' earnings history.

What price target have analysts set for CARA?

5 brokers have issued 12 month target prices for Cara Therapeutics' shares. Their forecasts range from $30.00 to $40.00. On average, they anticipate Cara Therapeutics' stock price to reach $35.40 in the next twelve months. This suggests a possible upside of 123.1% from the stock's current price. View analysts' price targets for Cara Therapeutics.

Has Cara Therapeutics been receiving favorable news coverage?

News stories about CARA stock have trended somewhat negative on Saturday, according to InfoTrie. InfoTrie scores the sentiment of press coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of public companies on a scale of -5 to 5, with scores closest to five being the most favorable. Cara Therapeutics earned a news impact score of -1.4 on InfoTrie's scale. They also assigned media coverage about the biopharmaceutical company a news buzz of 3.0 out of 10, meaning that recent press coverage is unlikely to have an effect on the stock's share price in the next several days. View the latest news aboutCara Therapeutics.

Are investors shorting Cara Therapeutics?

Cara Therapeutics saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 3,280,000 shares, a decrease of 6.0% from the April 30th total of 3,490,000 shares. Based on an average daily trading volume, of 514,400 shares, the short-interest ratio is currently 6.4 days. Currently, 7.7% of the shares of the stock are short sold. View Cara Therapeutics' Current Options Chain.

Who are some of Cara Therapeutics' key competitors?

What other stocks do shareholders of Cara Therapeutics own?

Who are Cara Therapeutics' key executives?

Cara Therapeutics' management team includes the following people:
  • Dr. Derek T. Chalmers, Co-Founder, Pres, CEO & Director (Age 55)
  • Dr. Frédérique Menzaghi, Chief Scientific Officer and Sr. VP of R&D (Age 53)
  • Dr. Joana Goncalves, Chief Medical Officer (Age 45)
  • Dr. Joseph Stauffer, Consultant (Age 53)
  • Dr. Michael E. Lewis, Co-Founder & Chief Scientific Advisor (Age 67)

What is Cara Therapeutics' stock symbol?

Cara Therapeutics trades on the NASDAQ under the ticker symbol "CARA."

Who are Cara Therapeutics' major shareholders?

Cara Therapeutics' stock is owned by a number of retail and institutional investors. Top institutional investors include BlackRock Inc. (7.49%), Carmignac Gestion (3.82%), Chescapmanager LLC (2.79%), State Street Corp (2.19%), ETF Managers Group LLC (1.88%) and Disciplined Growth Investors Inc. MN (1.62%). Company insiders that own Cara Therapeutics stock include Derek T Chalmers, Frederique PhD Menzaghi, Jeffrey L Ives, Joseph William Stauffer, Mani Mohindru and Scott Terrillion. View institutional ownership trends for Cara Therapeutics.

Which major investors are selling Cara Therapeutics stock?

CARA stock was sold by a variety of institutional investors in the last quarter, including Disciplined Growth Investors Inc. MN, BlackRock Inc., Pinnacle Associates Ltd., UBS Group AG, Two Sigma Investments LP, Squarepoint Ops LLC, Burrage Capital Management LLC, and JPMorgan Chase & Co.. Company insiders that have sold Cara Therapeutics company stock in the last year include Derek T Chalmers, Frederique PhD Menzaghi, Jeffrey L Ives, Mani Mohindru, and Scott Terrillion. View insider buying and selling activity for Cara Therapeutics.

Which major investors are buying Cara Therapeutics stock?

CARA stock was purchased by a variety of institutional investors in the last quarter, including Carmignac Gestion, Orbimed Advisors LLC, ETF Managers Group LLC, Geode Capital Management LLC, DAFNA Capital Management LLC, State Street Corp, Balyasny Asset Management LLC, and Parametric Portfolio Associates LLC. View insider buying and selling activity for Cara Therapeutics.

How do I buy shares of Cara Therapeutics?

Shares of CARA can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Cara Therapeutics' stock price today?

One share of CARA stock can currently be purchased for approximately $15.87.

How big of a company is Cara Therapeutics?

Cara Therapeutics has a market capitalization of $742.72 million and generates $19.89 million in revenue each year. The biopharmaceutical company earns $-106,370,000.00 in net income (profit) each year or ($2.49) on an earnings per share basis. Cara Therapeutics employs 55 workers across the globe.

What is Cara Therapeutics' official website?

The official website for Cara Therapeutics is www.caratherapeutics.com.

How can I contact Cara Therapeutics?

Cara Therapeutics' mailing address is 107 ELM STREET 9TH FLOOR, STAMFORD CT, 06902. The biopharmaceutical company can be reached via phone at 203-406-3700.

This page was last updated on 5/30/2020 by MarketBeat.com Staff

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