Capstone Therapeutics stock hits 52-week low at $1.71

Capstone Therapeutics Corp. shares have tumbled to a 52-week low, with the stock price touching down at $1.71. The micro-cap company, currently valued at approximately $10 million with annual revenue of $45 million, has seen its shares plunge over 20% in just the past week according to InvestingPro data. This latest price level reflects a stark contrast to the company's performance over the past year, which has seen a significant decline of 66.92% in its stock value. InvestingPro analysis suggests the stock is currently undervalued, despite challenging fundamentals including negative profitability over the last twelve months. Investors are closely monitoring Capstone's trajectory as it navigates through a challenging period marked by this notable decrease. The 52-week low serves as a critical indicator for the market, encapsulating the downward pressure the biotech firm has faced within this timeframe. InvestingPro has identified several additional key metrics and insights about Capstone's current market position, with 7 more exclusive ProTips available to subscribers.

In other recent news, Capstone Holding Corp. reported an 8% increase in revenue for the fourth quarter of 2024 compared to the same period last year. The company's CEO, Matt Lipman, highlighted the firm's progress towards achieving a $100 million operating revenue run rate and at least $10 million in Adjusted Instone EBITDA by the end of 2025. Instone, a wholly owned subsidiary, played a crucial role in this growth by introducing Toro Stone in six new states and securing orders from over 50 customers. Instone also implemented cost reduction initiatives, leading to improved gross margins. Capstone's expansion strategy includes Tuck-In Acquisitions, Sister Companies, and Platform Acquisitions, with a significant portion of acquisition consideration expected to be non-cash. The company is focusing on strengthening its portfolio of proprietary brands and enhancing its geographic footprint. These developments are part of Capstone's broader strategy to double its size through targeted acquisitions. Investors can access detailed updates and future targets through Capstone's annual report and a recorded discussion by the CEO.

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