Caring Brands (NASDAQ:CABR) Trading Down 0.4% – Time to Sell?

Caring Brands, Inc. (NASDAQ:CABR) shares were down 0.4% during trading on Thursday . The stock traded as low as $0.7601 and last traded at $0.8663. Approximately 31,941 shares changed hands during trading, a decline of 52% from the average daily volume of 66,426 shares. The stock had previously closed at $0.8701.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Caring Brands in a research report on Monday, January 26th. They set a “sell (e)” rating on the stock. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock has an average rating of “Sell”.

Caring Brands Stock Down 0.4%

Institutional Investors Weigh In On Caring Brands

An institutional investor recently bought a new position in Caring Brands stock. Jane Street Group LLC acquired a new stake in shares of Caring Brands, Inc. (NASDAQ:CABR) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 34,446 shares of the company’s stock, valued at approximately $30,000. Jane Street Group LLC owned about 0.25% of Caring Brands as of its most recent filing with the SEC.

About Caring Brands

We are a wellness consumer products company. We offer several over-the-counter, or (OTC) and cosmetic, consumer products. Our method of operation is to ensure that (1) the mechanism of action of all products is established, (2) efficacy is determined through controlled clinical trials, (3) products are protected by issued and filed patents, and (4) products have acceptable commercial stability. Prior to its Q3 2022 commercial launch in India as a treatment for vitiligo and psoriasis, Photocil was briefly launched in the United States markets from December 2022 until February 2023, however, was subsequently removed from the market due to insufficient sales resulting from the lack of a dedicated sales and marketing team.