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The closing price of Codexis Inc (NASDAQ: CDXS) was $2.26 for the day, down -10.16% from the previous closing price of $2.51. In other words, the price has decreased by -$10.16 from its previous closing price. On the day, 0.89 million shares were traded.
Ratios:
Our analysis of CDXS’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 4.10 and its Current Ratio is at 4.18. In the meantime, Its Debt-to-Equity ratio is 0.89 whereas as Long-Term Debt/Eq ratio is at 0.85.
On May 30, 2024, Cantor Fitzgerald started tracking the stock assigning a Overweight rating and target price of $11.Cantor Fitzgerald initiated its Overweight rating on May 30, 2024, with a $11 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Apr 30 ’25 when Opaleye Management Inc. bought 25,000 shares for $2.31 per share. The transaction valued at 57,660 led to the insider holds 9,655,000 shares of the business.
Opaleye Management Inc. bought 20,000 shares of CDXS for $46,436 on May 01 ’25. The 10% Owner now owns 9,675,000 shares after completing the transaction at $2.32 per share. On Apr 25 ’25, another insider, Opaleye Management Inc., who serves as the 10% Owner of the company, bought 25,000 shares for $2.24 each. As a result, the insider paid 55,915 and bolstered with 9,630,000 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 3.15 while its Price-to-Book (P/B) ratio in mrq is 2.76.
Stock Price History:
Over the past 52 weeks, CDXS has reached a high of $6.08, while it has fallen to a 52-week low of $1.90. The 50-Day Moving Average of the stock is -13.17%, while the 200-Day Moving Average is calculated to be -36.49%.
Shares Statistics:
A total of 81.85M shares are outstanding, with a floating share count of 80.50M. Insiders hold about 2.83% of the company’s shares, while institutions hold 79.71% stake in the company.
