Ceribell Inc [NASDAQ: CBLL] gained 4.42% or 0.89 points to close at $21.04 with a heavy trading volume of 257470 shares.
If we look at the average trading volume of 223.33K shares, CBLL reached to a volume of 257470 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Here is what top equities market gurus are saying about Ceribell Inc [CBLL]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for CBLL shares is $33.25 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on CBLL stock is a recommendation set at 1.00. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
William Blair have made an estimate for Ceribell Inc shares, keeping their opinion on the stock as Outperform, with their previous recommendation back on November 05, 2024. While these analysts kept the previous recommendation, TD Cowen raised their target price to Buy. The new note on the price target was released on November 05, 2024, representing the official price target for Ceribell Inc stock. Previously, the target price had yet another raise to $32, while JP Morgan analysts kept a Overweight rating on CBLL stock.
Trading performance analysis for CBLL stock
Ceribell Inc [CBLL] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 0.53.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for CBLL stock in for the last two-week period is set at 33.96, with the RSI for the last a single of trading hit 34.71, and the three-weeks RSI is set at 35.90 for Ceribell Inc [CBLL]. The present Moving Average for the last 50 days of trading for this stock 26.44, while it was recorded at 20.23 for the last single week of trading.
Ceribell Inc [CBLL]: A deeper dive into fundamental analysis
Ceribell Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 2.01 and a Current Ratio set at 2.54.
Ceribell Inc [CBLL]: An earnings per share (EPS) analysis
The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for CBLL. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Ceribell Inc go to 20.63%.