Those determined to outshine the market strategically focus on the selection of individual stocks. Well-chosen stocks have the potential to substantially boost your wealth.
In the latest session, CDT Equity Inc (NASDAQ: CDT) closed at $0.69 down -23.65% from its previous closing price of $0.9. In other words, the price has decreased by -$23.65 from its previous closing price. On the day, 6.1 million shares were traded. CDT stock price reached its highest trading level at $0.78 during the session, while it also had its lowest trading level at $0.6422.
Ratios:
For a deeper understanding of CDT Equity Inc’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 1.45 and its Current Ratio is at 1.45. In the meantime, Its Debt-to-Equity ratio is 0.59 whereas as Long-Term Debt/Eq ratio is at 0.01.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Oct 03 ’24 when Nirland Ltd sold 1,500,000 shares for $0.10 per share. The transaction valued at 156,450 led to the insider holds 8,400,000 shares of the business.
Nirland Ltd sold 1,368,991 shares of CDT for $140,458 on Oct 04 ’24. The 10% Owner now owns 7,031,009 shares after completing the transaction at $0.10 per share. On Oct 07 ’24, another insider, Nirland Ltd, who serves as the 10% Owner of the company, sold 939,009 shares for $0.10 each. As a result, the insider received 96,530 and left with 6,092,000 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CDT now has a Market Capitalization of 2093427 and an Enterprise Value of 835467.
Stock Price History:
The Beta on a monthly basis for CDT is 1.87, which has changed by -0.9967098 over the last 52 weeks, in comparison to a change of 0.16298151 over the same period for the S&P500. Over the past 52 weeks, CDT has reached a high of $274.80, while it has fallen to a 52-week low of $0.57. The 50-Day Moving Average of. The Stock is -56.99%, while the 200-Day Moving Average is calculated to be -97.65%.
Shares Statistics:
For the past three months, CDT has traded an average of 4.04M shares per day and 24683580 over the past ten days. A total of 3.06M shares are outstanding, with a floating share count of 2.65M. Insiders hold about 13.49% of the company’s shares, while institutions hold 0.67% stake in the company. Shares short for CDT as of 1756425600 were 107566 with a Short Ratio of 0.03, compared to 1753920000 on 69837. Therefore, it implies a Short% of Shares Outstanding of 107566 and a Short% of Float of 3.75.
