$Cara Therapeutics Inc ($CARA) is Trading Higher
Post# of 22756
Equities Staff | Monday, 29 February 2016 16:32 (EST)
Cara Therapeutics Inc (CARA) experienced unusually high volume on Feb. 29, as the stock gained 2.63% to a closing price of $4.89. The stock saw 1.03 million shares trade hands over the course of the day on 4,623 trades. Given that the stock’s average daily volume over the last month has been 496,122 shares a day, this represents a pretty substantial spike over the norm.
Cara Therapeutics Inc has a P/B ratio of 1.17. The stock has traded between $23.61 and $4.26 over the last 52-weeks, its 50-day SMA is now $11.36, and its 200-day SMA $14.50.
Cara Therapeutics Inc is a clinical-stage biopharmaceutical company developing and commercializing new chemical entities designed to alleviate pain by selectively targeting kappa opioid receptors.
Headquartered in Shelton, CT, Cara Therapeutics Inc has 15 employees and is currently under the leadership of CEO Derek T. Chalmers.
For a complete fundamental analysis analysis of Cara Therapeutics Inc, check out Equities.com’s Stock Valuation Analysis report for CARA. To see the latest independent stock recommendations from Equities.com’s analysts, visit our Research section.
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