Alert: Major Price Decline (4/10/24)-Catalyst Biosciences Inc (NASDAQ: CBIO).

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Catalyst Biosciences Inc (NASDAQ: CBIO) stock suffered a major decline of -18.4% on 4/10/24. The shares closed at $13.88. Moreover, exceptionally high trading volume at 273% of normal accompanied the decline. Relative to the market the stock has been exceptionally strong over the last nine months but has declined -18.3% during the last week.

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Current PriceTarget Research Rating

CBIO’s future returns on capital are forecasted to be below the cost of capital. Accordingly, the company is expected to be a major Value Eraser.

Catalyst Biosciences is currently unrated.

Rating Review

The stock is currently unrated.

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