Cara Therapeutics Inc (CARA) is Trading Lower on Unusual Volume for February 01

Equities Staff |

Cara Therapeutics Inc (CARA) experienced unusually high volume on Feb. 01, as the stock lost 5.56% to a closing price of $8.50. The stock saw 649,900 shares trade hands over the course of the day on 4,445 trades. Given that the stock’s average daily volume over the last month has been 334,993 shares a day, this represents a pretty substantial spike over the norm.

Cara Therapeutics Inc has a P/B ratio of 2.03. The stock has traded between $23.61 and $8.78 over the last 52-weeks, its 50-day SMA is now $14.43, and its 200-day SMA $14.86.

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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All data provided by QuoteMedia and was accurate as of 4:30PM ET.

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